Ultimate Guide to Options Trading: From Novice to Pro
4.9 (4 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.
25 students enrolled

Ultimate Guide to Options Trading: From Novice to Pro

Learn the basics of options contracts, your hidden edge in options trading, and a high-probability options strategy
4.9 (4 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.
25 students enrolled
Created by Alex Yi
Last updated 9/2018
English
English [Auto-generated]
Current price: $69.99 Original price: $99.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 4 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • How to execute your first high-probability options trade
  • How to decide whether to buy or sell options using this key indicator
  • How to buy stocks at a discount
  • How to create income with theta positive trading strategies
  • How to manage losing trades and turn them into a scratch or a winner
  • How to open a brokerage account to put everything into practice
Requirements
  • No prior experienced in the financial markets required
  • You will need a brokerage account with access to options contracts
Description

Ultimate Guide To Options Trading: From Novice To Pro

The perfect solution to successfully learn how to trade high-probability options strategies and generate consistent income for beginners.

*Course fully updated for September 2018*

In this course you will learn:

  • The important background behind options contracts

  • How stock options work and how they are the perfect investment for those new to investing and those with a small amount of capital

  • The option “Greeks” and how you can use them to fine tune your option trades

  • The one strategy that will allow you to own stock at a discount

  • How to put all of this into practice by opening a brokerage account

  • And so much more!

All of this information presented in an easy-to-understand, visual format that any novice can understand!

This is a beginner course designed for those without prior options trading experience and those who are interest in learning the fundamentals of options trading.

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Does Any Of This Sound Familiar?

You researched all sorts of strategies to make money online trading options. You see other traders making money online trading successfully. Why can’t you. You’re likely spending your nights reading other blog posts for the perfect, end-all-be-all strategy, easy for a beginner to understand. But you’re lost on where to start and what actually works.

You’re unsure of which investment to pick. You see stocks, bonds, futures, and options, but are unsure which the best is for a beginner like you. You’ve heard of options trading, but you think they’re only for professional investors and not for retail traders.

You just started options trading. Most people never get started, so it’s great that you’ve taken the first step! Maybe you’ve placed a trade or two without really knowing what you’re doing so you lack the confidence to truly succeed.

  • You’ve tried trading options with little to no success. You’ve tried buying call and put options because they are the simplest to understand. But each time you lost money.

You can’t seem to get the stock price direction right. You’ve tried various technical indicators or chart patterns in hopes of predicting the next move. But each time, the market goes the exact opposite direction.

You’re frustrated by all the conflicting information. You’re sick of wasting time trying to research how to trade options online. You keep switching from system to system in search of the holy grail. But in reality, each system does not live up to your expectations.

If so, you are in the right spot!

Be sure to keep reading.

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How We Consistently Trade High-Probability Setups

Don’t worry. We were right there with you.

Today, we don’t even worry about stock price direction. Trying to pick stock price direction is only a 50-50 bet.

No wonder it is so hard to be profitable!

But the problem is that this is where most beginner trader start because it is the easiest and most straightforward to understand. 

Over the past four years, we've discovered just how POWERFUL high-probability options trading really is...

Instead of trying to hopelessly guess what the next stock move is going to be, we rely on proven probability and statistics to drive our trading decisions.

The result?

We now have consistent trading results more than ever all without even looking at a chart or trying to predict where the stock price is going.

This is because we rely on other factors like time decay and volatility. 

The side effect of all this is that our trading has become more consistent by removing all the emotions and guesswork and solely relying on the math.

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You Can Do It Too!

Here are a few benefits of trading options:

  • You can make money without predicting stock price. Stock price is hard to predict. In fact, stock price direction is completely random. It's simply a coin flip. You cannot be consistently profitable if you don't see a winner half the time. To find success in options trading, you need to use strategies that have a win rate upwards of 70%. This is how you generate consistent profits without correctly predicting stock price.

  • Succeed in any market environment. High-probability options trading gives you flexibility. You can create strategies that make money whether the stock market goes up, down, or sideways, unlike stock where you only make money if the stock price goes up. 

  • Options give you leverage. One option contract represents 100 shares of stock. However, you only need a fraction of the money required to control 100 shares of stock when you use options contracts. This gives you more control for less money - perfect for traders with small accounts.

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In this course you will discover all of the fundamentals and strategies needed to trade high-probability options strategies – information that will dramatically increase the consistency in your own trading, fast.

The best part?

We show you the exact step-by-step process in an easy to understand, visual format perfect for a beginner trader with absolutely no prior experience.

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Here’s everything you can expect to learn when you enroll in the Ultimate Guide to Options Trading

  1. Understand the purpose and background of options trading

  2. The fundamentals of options contracts and how to safely used them

  3. Your hidden edge in options trading (this is how you get an advantage over the next trader)

  4. A options trading strategy that has a high-probability of success and is easy for a beginner to implement

  5. How to put all this knowledge into practice by opening a brokerage account

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Who Is This For?

  • You are a beginner with little to no prior experience with high-probability options strategies

  • You are an intermediate trader not making any money 

  • You want more consistent trading results when trading options

  • You'll benefit from a step-by-step guide to walk you through the thought process behind a trade

  • You want to to make money even if you are wrong on stock price direction

  • You are a busy person and want to save time and easily implement these new concepts and strategies into your own trading right away

Who Is This Not For?

  • You are an advanced trader that has it all figured out have enough time to teach yourself through trial and error in order to save money

  • You are comfortable with the technical stuff and don't need a step-by-step guide

  • You are not to dedicate 30 minutes a day to learning a new skill

  • You are happy with your trading results

  • You don't have money to spare

  • You are looking for a get rich quick scheme

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To Get Started, Click "Add to Cart" And Start Your Options Trading Journey!

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Frequently Asked Questions:

What if I don't know anything about options trading? This course would be perfect for you! This course goes step-by-step from the absolute beginning so no prior knowledge of options trading is necessary. Our visual whiteboard style videos illustrate and explain complex topics in a simple and visual way, easy for a beginner to understand.

Do you offer any refunds or guarantees? You have a 30-day money back guarantee.

How long do I have access to this course? You'll get lifetime access! Register once and you'll have lifetime access to the course materials, which will continuously be updated with any new strategies, videos, and course materials.

What format is the content delivered in? The course materials are shared as video content.

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Ready to jump in? Click the "Add to Cart" Button to get started and we'll see you on the other side!

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TRADING RISK DISCLAIMER

All the information shared in our courses is provided for educational purposes only. Any trades placed upon reliance on Alex Yi or OptionPosts are taken at your own risk for your own account. Past performance is no guarantee of future results.

We are not financial advisors, nor do we make ourselves out to be one.

While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss in all trading. All trading operations involve high risks of losing your entire investment.  You must decide your own suitability to trade.

Trading results can never be guaranteed. This is not an offer to buy or sell stock, forex, futures, options, commodity interests or any other trading security.

FOREX

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. 

The possibility exists that you could sustain a loss in excess of your initial investment. Therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Who this course is for:
  • You are a beginner investor or trader interested in diving into the world of options trading. This course is not for experienced options traders.
  • You are an intermediate investor or trader without much success
  • You are someone who will benefit from a step-by-step guide to walk you through the thought process behind high-probability options trading
  • You want to save time and quickly implement high-probability options trading into your portfolio
Course content
Expand all 35 lectures 03:44:59
+ LAYING THE GROUNDWORK: OPTIONS CONTRACTS BACKGROUND
7 lectures 53:15

Where did options contracts come from? Why do they exist?


This lesson covers how the Ancient Greeks and the Dutch used options contracts for speculating and hedging in the olive and flower markets respectively.

Preview 05:29

There are many different types of investments you can put your money: stocks, cryptocurrencies, futures, and options.

Which is the best and why?

Stocks vs Cryptocurrencies vs Futures vs Options: Which is Better?
11:16

What is your purpose for options trading? Why do you want to trade options?

This lesson goes over a few potential reasons why you may want to trade options and the different trading strategies associated with each purpose.

Why Trade Options Contracts?
06:34

When you trade options contracts, you are trading contracts on an underlying asset. This underlying asset could be stocks, indicies, or ETFs.


Which type of underlying is best for high-probability options trading and why?

Choosing The Underlying: Stocks vs Indices vs ETFs
05:28

The two most popular type of assets to trade are stocks and options. Each has its own advantages and disadvantages.


What are the reasons why options trading is the better choice for newer traders and those with less capital?

Options vs Stocks: Which Is Better?
06:55

Many traders try to predict stock price as a part of their trading strategy. Do these traders actually know something or is it completely random? Is it even possible to predict stock price?

Is The Stock Market Predictable?
12:52

What are the actual mechanics for trading options? Where does your options order go? Who are you trading against? Do they have an advantage over you?

How Do The Options Markets Work?
04:41
+ CRASH COURSE: OPTIONS CONTRACTS BASICS: PART 1
9 lectures 56:17

What are options contracts? How do they work and how do you make a profit from trading them?

Preview 04:56

How are call options and real estate transactions alike? What is the basic idea behind call options?

What Do Call Options And Real Estate Have In Common?
05:43

Let's take a detailed look at call options. What happens to your call options position when the stock price goes up, down, or sideways?

Call Options: The Ins And Outs
05:44

How are put options similar to car insurance? 


In this lesson, you will discover the concept behind put options and how you can use them to profit if the stock price goes lower or to just protect an existing stock position.

What Do Put Options And Car Insurance Have In Common?
06:55

In this lesson, you will dive deep into the background of put options.


What are you betting on when you trade put options? What happens to your put options when the stock price goes up, down, or sideways?

Put Options: The Ins And Outs
05:14

Option contracts are just that. Contracts with either a right or an obligation to act upon something. Like any other written contract, you need to spell out the terms of the contract.


This lesson will cover the specific terms of every option contract you will trade.

Options Contract Specifics
04:56

How are option contracts priced?


Options are more complex than stock because there are five factors that goes into pricing an options contract. This lesson will dive deep into the Black Scholes option pricing model to get a better understanding on the factors that go into an option's price.

How Are Options Contracts Priced?
09:36

What are the option Greeks? How can you use the Greeks to your advantage to create high-probability options trades that work in your favor? 

Option Greeks EXPLAINED
09:32

You have a profit on your options trade. What do you do now?


This lesson will go through the mechanics on trading options contracts when you buy and sell.

The Mechanics of Options Contracts
03:41
+ CRASH COURSE: OPTIONS CONTRACTS BASICS: PART 2
7 lectures 44:06

There are two sides to every trade. A buyer and a seller.


This lesson will cover what happens when you buy options contracts and why it may not be the best strategy for long term success.

Buying Options: From A to Z
04:22

Instead of being a buyer of options contracts, you can sell them. When you sell options contracts, you actually collect a credit upfront for initiating the trade.


Selling options has an advantage over buying options. This lesson will cover what happens when you sell options contracts.

Selling Options: From A to Z
06:48

What is the difference between selling options and buying options? Which is better for long term success and why?

Selling Options vs Buying Options: Which Is Better?
07:17

Options traders use P&L diagrams to visually understand where their positions make or lose money.


This lesson goes over how to read these P&L diagrams and how to use them to your advantage.

How To Read Option P/L Diagrams
07:57

The option chain is where all options traders go to see what option contracts are available to trade. At first glance, the option chain can be very confusing.


This lesson covers how to read an options chain step-by-step.

How To Read An Option Chain
05:52

Many traders often worry about expiration and assignment, especially when selling options.


What is the process for expiration and assignment? Is there a risk?

Expiration And Assignment: Is It A Big Deal?
06:50
Option Moneyness Explained
05:00
+ YOUR EDGE: WHERE YOUR ADVANTAGE IS IN OPTIONS TRADING
4 lectures 32:29

Liquidity is king.


The lack of liquidity produces a hidden cost of trading. This lesson will cover the indicators to look for high liquidity to avoid wasting money on transaction costs.

The Importance of Liquidity: The Hidden Cost Of Trading
05:23

Implied volatility is the extra dimension to options trading, unique to options contracts. The nature of implied volatility gives us a hidden edge in options trading. This is how you can create high-probability trades that win just like the casino.


What is implied volatility? What about implied volatility gives us an edge in the market? How do you measure implied volatility to know when it is ripe for a trade?

Everything You Need To Know About Implied Volatility
08:42

This lesson lays out your edge in options trading and how you can trade just like the casino or an insurance firm.


There is a hidden edge in options trading that allows us to trade high-probability strategies every trading day. This lesson covers the strategies to employ and steps to put all the odds in your favor.

Understanding Your Edge In Options Trading
09:32

Now that you understand your edge in options trading. How do you put it into practice?


This lesson goes through the exact framework for exploiting your edge in options trading.

The Framework For High Probability Options Trading
08:52
+ YOUR FIRST INCOME STRATEGY: THE COVERED CALL
4 lectures 24:53

The covered call strategy is the first options trading strategy you will learn.

Why would you trade the covered call strategy? How do you trade this strategy?

How And Why To Use The Covered Call Strategy For Income
08:04

What are the exact entry criteria for the covered call strategy? When and why do you use this strategy?

The Specific Entry Criteria For The Covered Call Strategy
06:04

You only make money when you exit the trade.

If you have a profitable trade, how do you reap your profits?

If you have a losing or break even trade, what can you do to reduce your losses and improve your probability of success?

The Exit: How To Manage Covered Call Trades
07:14

Cost basis reduction. This means owning assets for less. This also means that you can potentially own stock for free.


This lesson goes through the concept of cost basis reduction and how it can be used to own stock for less and improve your probability of success.

Owning Stock For Less: How To Reduce Cost Basis
03:31
+ PUT INTO ACTION: OPENING A BROKERAGE ACCOUNT
2 lectures 09:26

Now that you've learned what options contracts are and how to trade them with the covered call strategy, it's time to put it all into practice.


In this lesson you will discover how to open a brokerage account.

How To Open Your Brokerage Account
04:36

There are many factors to consider when choosing a broker to do business with. What are these factors and what should you look for?

Brokerage Comparison: Which Brokerage Firm Is The Best For You?
04:50