Crash Course Trading: Technical Analysis and Options Trading

Identify support and resistance by marking price highs and lows with horizontal lines, note areas where price stalls or reverses, and watch breakouts and retests using historical data.

Learn how volume signals liquidity and bullish or bearish energy, identify breakouts with volume, and use support, resistance, and trendlines to anticipate pullbacks and protect profits with stop losses.

Choose stop losses as automated orders placed when price moves below critical levels, and use trend lines, support areas, and prior floors to set profit targets and evaluate risk reward.

Master the risk-reward ratio by risking $1 to aim for $3–$4 gains, use stop losses and trailing stops to protect profits, and adjust stops as price moves.

Master technical analysis with price action and risk-reward calculations. Learn how options provide lower-cost stock exposure and protect investments.

Learn how probability of profit compares stock purchases and option trades, and how calls and puts offer leverage, cheaper control of 100 shares, and expiry affects profitability.

Explore how verticals combine buying and selling calls or puts to define risk, learn about long (debit) verticals, and relate option strategies to risk awareness.

Learn to trade options with a consistent, risk-managed approach, using weekly setups and vertical or iron condor trades through the essential income system and pro trader academy.

The presentation primarily uses Tastytrade as the trading platform, with a few slides drawn from thinkorswim via Charles Schwab (formerly TD Ameritrade).

Turn a long call into a five-dollar wide vertical by buying the 95 and selling the 100 call, a $500 max area with about 35% probability of profit.

Explore how vertical option spreads manage risk on big stocks by sizing trades to strike width, with examples of max loss and max profit and viable small-scale trades.

Build a put vertical on the trade page, reversing the call setup, with max loss limited to premium and max gain equal to the strike difference minus cost, 52% gop.

Select expiration cycles near 45 days when buying call or put verticals to favor duration over direction. Aim for about 50 cents per dollar in strike price for vertical buys.

Learn to trade options from zero to seven days, covering what options are, stocks vs options, and basic strategies like verticals and trade management; ebook and free course for 9.99.

Explore widening verticals by adjusting strikes to manage risk and scale trades, increasing potential reward while maintaining about 50 cents per dollar in cost and preserving PMP.