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Product Description Get ready to sharpen your options game with the Options Playbook. The Options Playbook was created to demystify options trading and teach all types of investors different plays for all market conditions. Written by Brian Overby, Senior Options Analyst at Ally Invest, he'll give you clear, easy-to-understand explanations of more than 40 of the most poplar option strategies broken down into a play-by-play format. If you're new to options, head over to the Rookie's Corner for the basic definitions and concepts, common beginner mistakes to avoid and introductory plays to get your feet wet. For more experienced traders, Brian dives into an expanded section on implied volatility explaining how this handy variable can be used to find the potential range of the stock over the options life. He provides a detailed section on pricing variables (Greeks) to help you understand how an option's price is affected by changes in market conditions. Plus, you'll learn how time decay and change in implied volatility can affect your trade after it's in place and how to recover if things don't go according to plan. Like any good coach, Brian Overby's handy insights help you put theory into successful real-world trading without the confusing jargon and any unnecessary mumbo-jumbo. Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options that accompanies The Options Playbook and available at: ally.com/invest/ODD. Options investors may lose more than the entire amount invested in a relatively short period of time. Securities products and services are offered through Ally Invest Securities LLC, member FINRA (finra.org) and SIPC (sipc.org). View Security Disclosures at ally.com/invest/disclosures/#securities. Ally Invest Securities LLC, Ally Invest Advisors Inc. Ally Invest Group Inc., P.O. Box 30248, Charlotte, NC 28230 About the Author A best-selling author and educator, Brian Overby has more than 20 years of experience in the financial services industry. As Senior Options Analyst with Ally Invest, Brian dedicates his time to helping independent investors hone their investing skills by understanding more advanced strategies such as options trading. Brian has conducted thousands of trading seminars worldwide, written hundreds of articles on investing, and is the author of the top-selling options book on Amazon, The Options Playbook. Prior to Ally, Brian served as an options trading specialist for Charles Schwab and, before that, held positions with the Chicago Board Options Exchange (CBOE) and Knight Trading Group, one of the world's largest market makers. A widely sought-after resource for his options trading knowledge and market insights, Brian has appeared in the Wall Street Journal, Barron's, Reuters, and Bloomberg, and has been a guest on CNBC Fast Money and Fox Business. Ally Invest is the online brokerage and wealth management arm of Ally Financial Inc. (NYSE: ALLY), offering securities-brokerage and wealth management services. Ally Invest provides a wide selection of resources and breaks down complex investing concepts to help investors of all experience levels make the most of their investments. Ally Invest received a 5-star rating from NerdWallet in 2019 and 2020 and has been recognized for its low costs, robust trading tools and platform, and outstanding customer service in Barron's, Kiplinger's Personal Finance and Stockbrokers.com