CREDIT SPREAD SURGERY - Bear Call and Bull Put Mastery

Name: CREDIT SPREAD SURGERY - Bear Call and Bull Put Mastery
Rating: 4.4 (208 reviews)

Master the Bear Call and Bull Put Options Trading strategies and create the foundation for consistent performance.

Created byHari Swaminathan

Last updated 12/2019

English

What you'll learn

Mastery of Credit Spreads - the Bear Call and Bull Put spreads
Learn to create monthly income strategies that consistently produce income
Advanced adjustment strategies to manage credit spreads
Master the art of adjusting credit spreads when they get into trouble
Construct monthly income strategies for consistent returns
Fine tune the art of picking the right strikes, expiry series and Volatility environment before placing a trade

Course content

2 sections • 17 lectures • 1h 57m total length

INTRODUCTION - Advanced Credit Spread Surgery6:11
Credit spreads are the bedrock of "monthly income strategies". In this course, you'll learn to construct the ideal credit spreads, and manage them through to successful exits.
Bear Call versus Bull Put12:37
A comparison of the Bear Call spreads and Bull Put spreads - the two credit spreads. Although both these strategies are identical in their characteristics, they differ in one very big way.
Optimal Expiry Series9:33
Choosing the right expiry series is the first step to constructing an efficient credit spread.
Optimal Strike Price selection9:02
The next step is picking the right strike prices. Although this is mostly an individual choice, there is a sweet spot that balances the collection of premium with the probability of success, with success being defined as the credit spreads expiring worthless. Risk versus Reward - that's what its all about.
Spread width, Premiums and Margin7:36
What width of the spread gives you the edge and what are its drawbacks.
Technical Analysis for optimal trade entry2:20
Which credit spread do you choose and why.
Volatility considerations4:50
Last but not least - have you taken into consideration the volatility environment. This could make or break the trade.

Bear Call Trade setup (NFLX and LNKD)5:11
Trade setup for 2 credit spreads - Netflix and Linkedin.
Adjustment 1 for Linkedin (LNKD)7:48
The Linkedin trade starts to go against us. What is the adjustment point and why. And what is the nature of the adjustment.
Adjustment 1 for Netflix (NFLX)7:17
The first adjustment on the Netflix trade - the goal is to eke out small returns that can add up.
Adjustment 2 for Linkedin (LNKD)6:08
Linkedin continues to move against us. This is what we wanted, and results in the second adjustment.
Adjustment 2 for Netflix (NFLX)6:16
The Netflix trade is choppy - but we are in control.
Adjustment 3 for Linkedin (LNKD)6:51
Linkedin is very bullish - and adds pressure on the trade. The goal is to get back to breakeven.
Trade Exit for Netflix (NFLX)5:45
A good exit for Netflix, with a 11% return in 2 weeks.
Trade Exit for Linkedin (LNKD)3:56
If you can manage the losers and come to breakeven, the winners will come automatically. This is a tough trade but we end up above the water line. We hit about a 4 to 5% return on a trade that went against us from the beginning.
CONCLUSION8:38
This lecture is a wrap-up of the course highlighting all the important points of "monthly income strategies".
Credit Spreads quiz
BONUS LECTURE - DONT MISS !!7:10

Requirements

Knowledge of Bull Put Spread and Bear Call Spread
Knowledge of basic Options - Calls and Puts

Description

CREDIT SPREAD SURGERY - ADVANCED CREDIT SPREADS

Consider this Option Trading Strategies course as "Advanced Credit Spreads". Both these spreads are dissected to convey an advanced level of knowledge and skill in using these credit spreads. Everything on How to Trade Options from the ideal credit spread trade setup, trade management, adjustments and exit. You're expected to know what a Bull Put and Bear call spread is.

If you have a regular job, then you need Option Trading Strategies that allow you to focus on your job, but yet create a somewhat stable and reliable income stream from your investments. In this course, we dig deep into credit spreads and understand why being an Option seller (risk defined of course - no naked selling) may not be that bad after all. We analyze Probability, Time decay and Volatility considerations and come up with some pretty good stuff on How to Trade Options.

These spreads form the foundation blocks of "Monthly Income" strategies. And not surprisingly, all advanced strategies like Iron Condors or Backspreads use some variation of the Bear Call or the Bull Put spreads. Anyone wanting to create a consistent monthly income of 2% to 5% will use these strategies as part of their "Income" portion of their portfolio.

What you will master

With Spreads, you can now be a seller of Options
The meaning of "defined risk" Options investing
Cutting-edge trade entry analysis
Selection of the right expiry series
Selection of the appropriate strike prices
Volatility considerations
Setting the optimal "width" of the Spread
Set your monthly target that can still let you sleep at night
Optimize Time decay, Probability and Premium collection variables
Set "pain points", and plan the exact nature of adjustments
Setup trades that require little monitoring
Why you can be wrong on direction and still make a profit
Ideal strategies for losing positions
How do you handle your position when your short strike prices are in danger

Who this course is for:

Anyone that already understand what credit spreads are but are looking to take their skill to advanced levels
Busy professionals who want to create monthly income strategies that require adjustments only once in a few days
Anyone wanting to build long term income strategies

CREDIT SPREAD SURGERY - Bear Call and Bull Put Mastery

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Course content

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Requirements

Description

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