The Bible of Options Strategies: The Definitive Guide for Practical Trading Strategies
$19.41
The Bible of Options Strategies is a comprehensive, professional reference designed for traders who want a complete and structured understanding of how options strategies behave across all market conditions. Rather than focusing on a narrow set of tactics, Guy Cohen systematically presents the full landscape of options strategies and explains how each one fits into a broader decision-making framework.
The book is built around a simple but powerful idea: every options strategy exists for a specific market purpose. Directional movement, range-bound price action, volatility expansion, volatility contraction, income generation, and risk hedging all require different tools. Cohen organizes strategies by intent, helping traders avoid one of the most common mistakes in options trading—using the wrong structure for the wrong market environment.
Each strategy is explained with clarity and consistency. The reader is guided through payoff profiles, risk exposure, margin considerations, and the role of volatility and time decay. Instead of presenting options as isolated formulas, the book emphasizes how strategies behave dynamically as price, time, and implied volatility change. This makes the material highly practical for real-world trade planning and management.
A defining strength of this book is its neutral, professional tone. Cohen does not promote aggressive speculation or unrealistic expectations. Instead, he reinforces disciplined thinking, probability awareness, and structural risk control. The book functions equally well as a learning text and as a long-term desk reference—something traders can return to repeatedly when evaluating trade ideas or refining strategy selection.
Overall, The Bible of Options Strategies serves as both an educational foundation and an operational manual. It equips traders with the strategic literacy required to select, evaluate, and manage options positions with confidence, precision, and consistency.
✅ What You’ll Learn:
- How and why different options strategies are used across varying market conditions
- The structural differences between directional, neutral, and volatility-based strategies
- How time decay and implied volatility affect each options structure
- Risk, reward, and probability characteristics of major options strategies
- How to select strategies based on market context rather than personal bias
💡 Key Benefits:
- Acts as a complete reference guide covering the full spectrum of options strategies
- Encourages disciplined, rules-based strategy selection
- Improves understanding of risk exposure before capital is committed
- Helps traders avoid strategy misuse and overcomplication
👤 Who This Book Is For:
- Traders who already understand basic options concepts and want a complete strategy framework
- Market participants seeking a reliable reference for options strategy selection
- Stock traders transitioning into options with a structured, professional approach
- Not suitable for complete beginners with no prior exposure to options fundamentals
📚 Table of Contents:
- The Four Basic Options Strategies
- Income Strategies
- Vertical Spreads
- Volatility Strategies
- Sideways Strategies
- Leveraged Strategies
- Synthetic Strategies
- Taxation for Stock and Options Traders
The Bible of Options Strategies: The Definitive Guide for Practical Trading Strategies By Guy Cohen
| Author(s) | |
|---|---|
| Product Type | Ebook |
| Format | |
| Skill Level | Intermediate to Advanced |
| Pages | 396 |
| Publication Year | 2005 |
| Delivery | Instant Download |
16 reviews for The Bible of Options Strategies: The Definitive Guide for Practical Trading Strategies
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Prince O’Donnell (verified owner) –
Got my book on time and as described. Very happy with my purchase.
Jeremiah Ferguson (verified owner) –
This is the first review I’ve ever written, but after looking through and using this book I just had to write something. Absolutely great. It gives you every part of the trade. Gave me good in-site to what will happen in trade situations and things I wasn’t thinking of at the time of the trade. Great reference. Real good one.
Jair Kline (verified owner) –
Terific book that lays each strategy out in an easy to understand format. I highly reccomend.
Clark Travis (verified owner) –
The condition of the book was excellent and exactly as described by the seller, [email protected]. The book is an encyclopedic compilation of options trading strategies that my options class is using. The price was outstanding. I’m very pleased with this purchase.
Talia Melendez (verified owner) –
Good book on options and explaining how they work.
Willow Howard (verified owner) –
Excellent “Bible” it really has all the novice and expert needs to review options trading in a simple guided explanation with very powerful graphics best options book I have out of dozens.
Brodie Oliver (verified owner) –
Guy can describe options in an easy way – like noone else. But I miss the effect of changing volatility (not just time) on each strategy and margin impact, to start with. There’s not much commentary about different strategies, just copy paste the same schema. Still a very nice reference book.
You can download his ebook Options for Earnings and Income for free. His books are very similar. Just ignore the “OVI” nonsense. He’s a seller, not a trader.
Damian Neal (verified owner) –
If your goal is to learn the different strategies, then this is the book!
Liana Ford (verified owner) –
Great Book
Camille Bernard (verified owner) –
Nice book with lots of detail ( almost too much at times) . Also appeared quite repetitive in numerous places. The index at the beginning was also confusing. BUT overall did its job !
Nikolas Wu (verified owner) –
The definitive Options reference manual.
A must have for any options trader.
Sevyn Barnes (verified owner) –
I really appreciated buying/reading a book that actually matched up with title. Over 50 option trade types are described in detail. Great summary of virtually all option trade types out there, and what level of expertise and trading environment is required to trade each type.
Mazikee Molina (verified owner) –
This book on Options is the best I feel. It has a clear, simple, concise way of explaining things. Guy Cohen has done a remarkable job on categorizing Option Categories and Strategies. It is a MUST BUY for all who want to have a foundation in learning about Options.
Juliana Harding (verified owner) –
A great reference but would be better if they gave more than one example for each strategy. Detailed, covering the extremes of each action and the results of taking them.
Luis Thompson (verified owner) –
Well written and succinct. Would recommend to anyone new to option trading.
Bellamy Suarez (verified owner) –
This unintersting book never helped me in trading.