Editorial Review:
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Customer Reviews
Average Customer Rating: 
Off to a great start  2008-03-02
I rate this book highly as it really provides a fairly easy to understand foundation for getting started in options. If you already trade in futures then you should be able to fathom all of the concepts and will learn more that will bolster both futures and options trading. This book is a go for the advanced beginner to intermediate level investor!
Ok Elementary-Intermediate Book  2005-10-21
"Options Made Easy" is a good book to start off with if you have no experience with Options, but still have lots of experience trading stocks. Author Guy Cohen does a good job of introducing definitions and backing them up with examples.
The book falls a little short in a few places. This first is the writing style, where Guy expects the reader to have a good understand of trading jargon. Second, in some parts of the book he uses a particular term that isn't defined until later in the book. An author should never use a term until after is has been defined. And finally, the book does a good job of defining different techniques, but does little to say what trades situation are good; ones that he would invest in.
Thus I can only give this book 3 stars out of 5. Still, it's a good starting place if you are new to options.
Does a good job of what it claims. 2005-05-24
Very good for starters! Easy to read and good graph illustrations. I must add, well placed illustrations also.
I found it useful for my first steps, especially with the basic "safe" strategies discussed.
Easier yes. Easy ... no. 2004-11-13
Guy Cohen has done a remarkable job making the world of options more reasonable for the begining investor (such as myself), however I consider myself reasonably intelligent and I struggled with some of the risk profiles. After I gained an understanding of what the author was explaining I felt that some aspects of the book could have been explained more completely.(An example would be explaining that the break even mark on the risk profile was calculated using only the time value of the option and not the intrinsic value and this only applies if the option is sold at expiration.)
Overall I feel that this book is the best content value I have found on the subject and I highly recomend it for beginning traders who may find it difficult to shell out some of the big ticket prices charged by people teaching this subject.
As the title says! - & excellent non-option context chapters  2003-10-22
Having read a large number of stocks and trading psychology books and trading stocks/CFDs and moving on to Options I bought and read this and Michael Thomsetts 'Getting started in Options' book. Choose this one. Its an easy read style, clear text and graphs and makes it all understandable. As a bonus, the best thing is for new traders are the excellent chapters on Psychology and Technical Analysis which could stand alone as mini-guide on these subjects.(Intermediate/advanced traders could skip them but they are a useful reminder). There are a couple of references to his software but that is fine (in fact while this is a book review I have also benefitted from his course and using the software). At the end is also a good 'Putting it all together' section to actually DO the option trading as well as a useful strategy summary. I am now successfully trading options, initiated to a large to degree by this book.
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