Using "The Greeks" To Understand Options
What you'll learn
- Manage Risk and Maximize Reward in Financial Assets
Requirements
- A desire to understand and make money in Financial Markets
Description
Trading options without an understanding of the greeks would be like trying to fly a plane without the ability to read instruments.
Unfortunately, many traders have never heard of the greeks and yet they jump into options. This puts them at risk later, much like a pilot would experience flying in bad weather without the benefit of instruments. This class is designed to teach you how to trade options correctly. After learning about Delta, Gamma, Theta & Vega, you will be able to put on great trades. You will be able to easily adjust trades that are not working as expected (option repairs). You will be able to understand whether remaining in the trade is good or bad based on the time decay (theta) experienced daily. What could be better than learning how to avoid losses and maximize profits?
The delta of an option will also tell you how likely (statistically) an option is to being in-the-money. In other words, the options market gives you the answers to all of the questions you could possible ask. If a stock is at $50/share. Then you can with the click of a mouse find out how probable it is that the stock would be at 45/share, 50/share or 55/share over the next month! When I first learned what the professional traders know it blew my mind! When taking an option position or setting up an options strategy, there will be risk and reward from the following factors:
- Price change (delta)
- Changes in volatility (vega)
- Time decay (theta)
Who this course is for:
- Anyone not interested in Trading/Investing in Financial Markets
- Anyone interested in Trading/Investing in Financial Markets
Instructors
- 4.4 Instructor Rating
- 10,407 Reviews
- 36,232 Students
- 9 Courses
Corey began trading the global markets in 2001 and actively trades equities, futures, forex, options, and index options. As the Chief Market Analyst for a publicly-traded company, he provides multiple trade strategies and leadership for his team of professionals consistently achieving returns that outperform the broad markets. In 2011 Corey developed a weekly trading strategy using SPX index options which have returned +390.6% from March of 2011 to current day.
Corey is the content creator for a variety of trading newsletters and author of complete investing courses targeted to professionals and individual traders. His content covers the full spectrum of market knowledge from the basic of investing essentials through advanced options and technical analysis. He has been recognized as a top instructor for two of the most popular online financial education courses and is responsible for teaching over 100,000 clients throughout the US and Canada!
Corey’s professional career includes successful positions as stock broker, Options Principal, Chief Market Analyst, financial education author and content creator. Corey has been Series 7 Licensed (General Securities Representative) and Series 4 Licensed (Options Principal). course produced by Todd Parker professional marketer and insurance agent
- 4.4 Instructor Rating
- 439 Reviews
- 36,232 Students
- 2 Courses
I have over 10 years of marketing and sales experience . I hold health and life license with over 3 years of insurance experience. Work with Investview and Corey Halliday producing education material helping people become traders with options and Forex. Im proof anybody can learn a new skill. The most important trait I have is being able to communicate with people in a effective way