OPTION TRADING COURSE
Whether you are a completely new trader or an experienced trader, you'll still need to master the basics. The goal of this course is to help lay the groundwork for your education with some simple, yet important lessons surrounding options.
Entries & Exits
Teaching you the different option order types so that you can properly execute smarter option trades each day including market, limit and stop orders while highlighting some key tactics and tips you can use today.
If the market is heading higher we'll show you how to create specific strategies that profit from up trending markets including low IV strategies like calendars, diagonals, covered calls and direction debit spreads.
Declining markets and higher IV gives traders like us an amazing opportunity to sell expensive options that decay in value. We'll cover our favorite strategies to profit even when stocks are falling like iron condors, strangles, etc.
You'll learn to love sideways markets because of the opportunity to build non-directional strategies that profit if the stock goes up, down or nowhere at all. This is how you learn make money trading in any market.
Pricing & Volatility
A complete and full understanding of how options are priced and where we get our "edge" as options traders using IV percentile. This course includes mastering implied volatility and premium pricing for specific strategies.
Each Greek isolates a variable that can drive options price movement, providing insight on how the option’s premium will be affected if that variable changes. This course will address each of the major Greeks : delta, gamma, theta, vega and rho, as well as dividends. We’ll explore each of these in terms of their importance, explaining how to interpret and use each of them in your trading decisions.
Implied volatility as a trading tool
Implied volatility shows the market’s opinion of the stock’s potential moves, but it doesn’t forecast direction. If the implied volatility is high, the market thinks the stock has potential for large price swings in either direction, just as low IV implies the stock will not move as much by option expiration.
To option traders, implied volatility is more important than historical volatility because IV factors in all market expectations.
Advanced Option strategies
Long Call/Put, Short Call/Put, Married Call/Put, Protective Call/Put, Covered Call, Long straddle/strangle, Short straddle/strangle, Iron Condor, Butterfly etc.
Option trading through technical analysis like ADX Indicator, Bollinger Band and Chart Patterns.