CREDIT SPREAD SURGERY - Bear Call and Bull Put Mastery
4.7 (141 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,072 students enrolled

CREDIT SPREAD SURGERY - Bear Call and Bull Put Mastery

Master the Bear Call and Bull Put Options Trading strategies and create the foundation for consistent performance.
Highest Rated
4.7 (141 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,072 students enrolled
Created by Hari Swaminathan
Last updated 12/2019
English
English [Auto]
Price: $79.99
30-Day Money-Back Guarantee
This course includes
  • 2 hours on-demand video
  • 5 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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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
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
Course content
Expand all 17 lectures 01:57:09
+ SELECTION CRITERIA FOR SPREADS
7 lectures 52:09
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.
Preview 06:11
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.
Preview 12:37
Choosing the right expiry series is the first step to constructing an efficient credit spread.
Optimal Expiry Series
09:33
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.
Optimal Strike Price selection
09:02
What width of the spread gives you the edge and what are its drawbacks.
Spread width, Premiums and Margin
07:36
Which credit spread do you choose and why.
Technical Analysis for optimal trade entry
02:20
Last but not least - have you taken into consideration the volatility environment. This could make or break the trade. 
Volatility considerations
04:50
+ LIVE BEAR CALL TRADE MANAGEMENT (Netflix and Linkedin)
10 lectures 01:05:00
Trade setup for 2 credit spreads - Netflix and Linkedin.
Bear Call Trade setup (NFLX and LNKD)
05:11
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 Linkedin (LNKD)
07:48
The first adjustment on the Netflix trade - the goal is to eke out small returns that can add up.
Adjustment 1 for Netflix (NFLX)
07:17
Linkedin continues to move against us. This is what we wanted, and results in the second adjustment.
Adjustment 2 for Linkedin (LNKD)
06:08
The Netflix trade is choppy - but we are in control.
Adjustment 2 for Netflix (NFLX)
06:16
Linkedin is very bullish - and adds pressure on the trade. The goal is to get back to breakeven.
Adjustment 3 for Linkedin (LNKD)
06:51
A good exit for Netflix, with a 11% return in 2 weeks.
Trade Exit for Netflix (NFLX)
05:45
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.
Trade Exit for Linkedin (LNKD)
03:56
This lecture is a wrap-up of the course highlighting all the important points of "monthly income strategies". 
CONCLUSION
08:38
Credit Spreads quiz
5 questions
BONUS LECTURE - DONT MISS !!
07:10