Options Made Easy: Your Guide to Profitable Trading

Options Made Easy is a foundational yet professional guide designed to demystify options trading for market participants who want clarity, structure, and practical understanding rather than mathematical overload. Guy Cohen approaches options not as speculative instruments, but as flexible tools that—when properly understood—can be used for income generation, risk control, and strategic market positioning.

The book begins by establishing a clear mental model of what options truly are: contracts with defined rights and obligations that allow traders to shape risk precisely. Cohen explains calls and puts in plain language, carefully unpacking how strike price, expiration, and premium interact. Rather than rushing into advanced strategies, the book emphasizes comprehension—ensuring the reader understands why options behave as they do before learning how to trade them.

As the book progresses, attention shifts to the mechanics that govern option pricing. Core concepts such as intrinsic value, time value, and implied volatility are explained in a way that directly connects theory to observable market behavior. The Greeks are introduced not as abstract formulas, but as practical measures of how an option responds to changes in price, time, and volatility—knowledge that is essential for managing real trades.

The latter sections focus on applying this understanding through structured strategies. Covered calls, protective puts, spreads, and combination trades are explained with an emphasis on intent: income generation, directional exposure, or protection. Throughout the book, Cohen reinforces disciplined thinking, position sizing, and realistic expectations, making it clear that consistency—not prediction—is the cornerstone of long-term success in options trading.

Overall, Options Made Easy serves as a bridge between beginner curiosity and professional-level options literacy. It equips the reader with the conceptual tools required to progress confidently into more advanced options strategies and volatility-based trading frameworks.

✅ What You’ll Learn:

• The true mechanics of call and put options, including rights, obligations, and payoff structures
• How option prices are formed through intrinsic value, time value, and implied volatility
• Practical interpretation of the Greeks and how they affect real trades
• How to use basic options strategies for income, protection, and directional trading
• How to think about risk, probability, and position structure when trading options

💡 Key Benefits:

• Builds a strong conceptual foundation without unnecessary mathematical complexity
• Helps traders understand options behavior before committing capital
• Encourages disciplined, purpose-driven strategy selection
• Prepares readers for more advanced options and volatility trading methodologies

👤 Who This Book Is For:

• Traders who are new to options and want a clear, structured introduction
• Stock traders looking to expand into options for income or hedging
• Market participants who want to understand options risk before trading actively
• Not suitable for advanced options traders seeking complex, multi-leg volatility strategies

📚 Table of Contents:

• Introduction to Options
• Into the Marketplace
• The Basics of Fundamental Analysis
• The Basics of Technical Analysis
• Two Popular Strategies and How to Improve Them
• An Introduction to the Greeks
• Bull Call Spreads and Bull Put Spreads
• Two Basic Volatility Strategies
• Two Basic Sideways Strategies
• Trading and Investing Psychology
• Putting It All Together—A Call to Action
• Stock Futures and Options Strategies

Options Made Easy: Your Guide to Profitable Trading By Guy Cohen