
Understand the 3 different types of Indexes
Explore the thinkorswim platform interface, from the home screen to monitor, trade, and charts, using paper money to safely practice stocks and options.
apply golden rules by risking 10 percent of your portfolio per trade, then scale in with four equal parts to cost-average and offset losses with eventual gains.
Explore the basics of options, including calls and puts, strike prices, expiration dates, and how a single option contract represents 100 shares, with a practical Apple example.
Learn how stock options greeks drive pricing, starting with delta, illustrated by a delta of 0.51 on a 121 strike call on Apple, and review gamma, theta, and vega concepts.
Learn how options work with strikes, calls, and puts, differentiating in the money and out of the money, and use open interest and volume to gauge trading activity.
Learn to choose option strikes by analyzing volume and open interest, preferring trades with volume and open interest above 500 for fair pricing and tight bid-ask spreads.
learn how to read candlestick charts in thinkorswim, interpret candle bodies and wicks, identify bullish and bearish signals, and use volume to gauge buyers and sellers.
Learn how to set up a stock screener on TradingView to track pre market, intraday, and after hours movers, using filters for market cap, volume, and percent change.
Place and manage option trades using on demand real-time data on the finger swim platform, practicing paper money trading, and learn to set limit prices, mid prices, and monitor orders.
Use long-term leaps with a delta of at least 0.8 to own 100 shares cheaply, hold six months to two years, and sell early or convert to shares.
Review stock market basics, major indices, and using Thinkorswim for trading. Apply the 10 percent rule, delta and theta insights, charting, and disciplined paper trading.
In this course, you will understand the basics of the stock market and the 3 different indexes, the S&P 500, Nasdaq and Dow Jones. We will then go into learning about options and how to trade them. We will spend a lot of time to understand volume, open interest and most importantly the greeks. Greeks play an important role when selecting an options strategy. Some of the important greeks include delta, theta and gamma. After learning about how to select the strikes for an options and whether to play calls or puts, we then go into paper trading to actually apply what you have learned. We will then continue to learn about charting and how to properly read a chart. During the charting lessons, you will start to learn how to draw support and resistance and how to select the options accordingly. Everyone’s style of drawing support and resistance depends on each individual. But I will give you the tools to develop your own style. The most important thing is to be consistent. At the end of the course, you should be confident enough to execute your own trades and develop your own strategy while being able to read and understand charts.