In this edition Cohen updates all examples and data, utilising the market's new option symbols throughout, and presenting a more streamlined, focused, and up-to-date review of relevant chart patterns and technical analyses. Most important, Cohen thoroughly introduces his breakthrough OVI indicator, derived from actual option transaction data. OVI leads the market, tracking what the world's smartest and savviest options traders are doing right now, and offering signals even beginning option traders can use to earn consistent profits. Step by step, he walks traders through:  

• Filtering for stocks and selecting the right strategy for each situation
• Implementing strategies for income, including covered calls and bull put spreads
• Trading volatility through straddles and strangles
• Using butterflies and condors to trade rangebound markets
• Understanding trading psychology and how it impacts option traders