Master calendar spreads with adjustments for monthly income
What you'll learn
- Master the craft of executing a Calendar spread
- Basic of Options Greeks
- Correctly setting up a calendar spread and reading the pay off chart using various tools
- Skillfully adjusting a Calendar spread
- Turning losing trades into Winners
- Live examples of Calendar spreads (on Indian stocks)
Requirements
- Basics of option trading is a prerequisite. The students should be aware of buying and selling of Call Put options and their functionality
- The students should be aware of buying and selling of Call Put options, time decay and their functionality
Description
A calendar spread is an options strategy established by simultaneously entering a long and short position on the same underlying asset but with different delivery dates.
In a typical calendar spread, one would buy a longer-term contract and go short a nearer-term option with the same strike price. A calendar spread is most profitable when the underlying asset does not make any significant moves in either direction until after the near-month option expires. Thus taking advantage of the exponential time decay on the nearer month option contract.
The purpose of the trade is to profit from the passage of time and/or an increase in implied volatility in a directionally neutral strategy.
In this course you'll learn-
-The rationale, outlook, net position, effects of time decay, appropriate time to trade, selecting the stock, selecting the option, risk profile, advantages/ disadvantages, exiting the position etc. for a calendar spread.
-The steps in and out to be taken while creating a the time spread.
-How to execute a calendar spread with the correct technique.
- How to read the pay off chart correctly by using tools available online.
-How to adjust the trade when it goes against you.
-Live examples of trades on Indian stocks.
Looking forward to seeing you in this exciting journey and helping you achieve your financial dreams.
Who this course is for:
- This course is for advance traders who are well versed with option selling and buying and the concept of time decay
- If you want to make consistent income or beat the banks yearly interest rates
- For people who want to make the most out of their capital
- For traders looking to understand the art and tricks of trade adjustments
Instructor
![AJ Naik](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 4.4 Instructor Rating
- 51 Reviews
- 251 Students
- 6 Courses
About me
I started my career from getting a bachelors degree in communication design from one of the most prestigious institute in India. After being nominated in many animation and design fest for my work, and after leading a team as a concept artist, I decided it was time for me explore other art forms.
I pivoted my creative endeavors to screen writing and theater. I studied at LEE STRASBERG THEATER AND FILM INSTITUTE in Los Angeles. After coming back home I worked for top film production companies and garnered over 8+ years’ experience working as a script analyst & creative producer.
The experience was completely different and challenging from what I had learnt. This was the main reason for me to make courses so that students are not blindsided when they enter the real world.
Along the way my creativity took roots in a completely different direction, that into finance and trading. The uncertainty of film jobs made me seek solid structures to safeguard my security, hence the world of finance. But as dived deeper I can now say that it has much to do with creativity than just plain old mathematics and accounting.
Now I hope to create value for explorers like me by cutting their learning curve in half. In hyper connected world of today I plan to introduce speed learning on certain topics so that students can quickly pick up a skill-set and add to their portfolio of knowledge.