Essential Options: Strategies for Mastering the Stock Market
4.6 (9 ratings)
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Essential Options: Strategies for Mastering the Stock Market

Learn stock market for beginners with six key strategies: long calls, long puts, covered calls, protective puts and more
4.6 (9 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
210 students enrolled
Last updated 3/2013
English
Current price: $10 Original price: $50 Discount: 80% off
4 days left at this price!
30-Day Money-Back Guarantee
Includes:
  • 5 hours on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • By the end of the course you will have option strategies for Bull, Bear and neutral market conditions along with an understanding of technical analysis and risk management.
View Curriculum
Requirements
  • A basic understanding of how to buy and sell stock online and a desire to add options to a portfolio. Having an online brokerage account with charts, option chains and option approval will allow students to better apply their knowledge as they progress through the course.
Description

Join Pro Market Advisors (PMA) founding partners Rick Swope and Shawn Howell as they introduce you to some of the core principles and teach you the strategies necessary to becoming a skilled option trader. 

Designed for novice stock investors and beginning option traders, the PMA Essential Options course:  provides twenty-five video recordings from PMA’s online webinar training sessions along with their 58 page Intro to Options color manual in PDF and three 20 questions quizzes to test your knowledge.  In total you'll receive over four hours of video training. The Stock Market Training course covers topics such as Technical Analysis, Risk Management, Stock Selection and Six Basic Option Strategies (Long Calls, Speculative Puts, Protective Puts, Covered Call/Buy Write, The Collar and Bull Call Spreads.

Rick Swope and Shawn Howell founded Pro Market Advisors to offer you quality, non-hyped, real world financial education.  PMA partnerships include the leaders in trading and investing: E*TRADE, Chicago Board Options Exchange, The Options Industry Council, NYSE Euronext, NASDAQ, and ISE.  Rick and Shawn are also the co-authors of Trading By Numbers (Wiley Global Finance, 2012).

Take this ultimate Stock Market Training course and learn stock market for beginners with 6 essential  strategies. 

Who is the target audience?
  • This course has been designed for novice stock investors and beginning option traders wanting to learn the key option strategies to profit in a variety of market conditions
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Curriculum For This Course
27 Lectures
04:58:34
+
Why Trade Options Introductory Video
1 Lecture 02:16
+
Technical Analysis
10 Lectures 01:26:47
In this lecture Rick Swope explains how the use of price and volume charts (Technical Analysis) differs from the traditional approach of evaluating a company's stock by evaluating the company's business metrics (Fundamental Analysis) 
Preview 07:37

Rick covers the technical definitions and identification of up, down and sideways trends.
Defining Trends
06:08

Rick introduces the four key price points in a candlestick chart.
Introduction to Candles Charts
05:20

Rick describes the construction and application of Spinning Top and Doji candle patterns.
Spinning Top and Doji
08:17

Rick describes the construction and application of Shooting Star and Hammer candle patterns.
Shooting Star and Hammer
05:57

Rick describes the construction and application of Bullish Engulfing and Bearish Engulfing candle patterns.
Bullish Engulfing and Bearish Engulfing
05:18

Rick teaches the key trend-following indicator - the Simple Moving Average.
Moving Average
11:18

In this session, you'll learn how to apply volume indicators to your chart and pattern analysis.
Volume and On Balance Volume
06:30

This session will introduce you to one of the basic oscillating indicators:  the Relative Strength Indicator (RSI).
Relative Strength Indicator (RSI)
10:14

This video shows you the construction and application of the Moving Average Convergence Divergence (MACD) indicator for trending markets.
Moving Average Convergence Divergence (MACD)
20:08

Technical Analysis
20 questions
+
Basic Option Concepts and Strategies
7 Lectures 01:47:38
In this lecture Rick and Shawn identify, define and explain option terminology.
Option Building Blocks
41:49

In this lecture Rick uses an option matrix to explain the rights and obligations of buyers and sellers of puts/calls.
Option Basic Matrix
12:55

Investors can choose various investment vehicles. In this lecture Shawn reviews the pros and cons of using stocks over options.
Pros and Cons of Stocks
09:36

In this Lecture Shawn highlights the advantages and disadvantages of using option contracts over shares of stock.
Pros and Cons of Options
08:59

In this lecture you'll learn the market mechanics of call options.
Buying Calls Example
13:26

In this lecture you'll learn how call options are used as a way to speculate on short upside moves or as a stock substitute for longer term trades.
Long Call
12:42

In this lecture you'll learn how put contracts can be used to profit in down markets.
Preview 08:11

Basic Option Concepts and Strategies
20 questions
+
Intermediate Option Strategies
9 Lectures 01:41:53
Puts are often used to protect profit and equity.  In this lecture you'll learn protective strategies.
Protective Put
15:32

In this lecture you'll learn how to use options on existing stock positions to generate portfolio income, enhance returns and lower the cost basis of your shares.
Covered Call
18:43

In this lecture you'll learn the components that go into the valuation of call options.
Call Option Premium
08:39

In this lecture you'll learn the trader's version of the covered call as a short term income generation strategy, the buy/write. 
Buy/Write
16:36

In this lecture you'll learn a defensive option strategy using covered calls and protective puts in combination. 
The Collar
06:21

Spread orders are the mainstay of professional option traders. In this lecture you'll learn why option spreads make sense for the professionals and retail traders too.
Bull Call Spread
07:43

Vertical spreads can be adjusted for almost every market condition  in this lecture you'll learn how spreads adjustments effect risk, reward and probability.
Bull Call Spread Example (Part 1)
18:54

In this lecture you'll learn the mechanics of opening and closing vertical spreads and how to manage the position.
Bull Call Spread Example (Part 2)
08:26

This quiz consists of 20 questions from Section 3, Intermediate Option Strategies.  Some are easy and others are designed to trip you up.  Good luck!

Intermediate Option Strategies
20 questions

Concluding Message from Rick and Shawn
00:59
About the Instructor
Pro Market Advisors
4.6 Average rating
9 Reviews
210 Students
1 Course
Wall Street Consultants, Authors, Speakers, Educators

As a veteran in the financial industry and primary education provider for E*TRADE, Rick Swope has presented in hundreds of seminars across the U.S. and around the world. His expertise includes technical analysis, market strategy and risk management. Rick has presented with some of the top financial exchanges including the Chicago Board Options Exchange, the New York Stock Exchange and the NASDAQ OMX. Rick created the first market technical analysis consulting team for a financial firm with $1 trillion in client assets. He has extensive media experience including a regional PBS weekly show, a national PBS pledge program and numerous radio and television appearances. He is the principal author of the Amazon bestseller, Five Points for Trading Success (Wiley, 2007).  Rick has the ability to present trading, investing and financial topics with humor and energy – suitable for a financial and non-financial audiences alike.

Shawn Howell is an accomplished speaker, trader, author, and educator, having presented to hundreds of audiences around the world.  He is a CBOE Master Instructor and serves as the primary educator for E-Trade.  Shawn regularly presents with the CBOE, NYSE, the Options Industry Council, and many other industry icons.  As an expert in the use of various financial instruments, Shawn teaches skill based technical trading strategies designed to consistently outperform the market while mitigating risk. Over the past two decades, he has held executive positions with some of the financial industry’s leading brokerage and training firms. Shawn’s style of presenting and educating incorporates entertaining and enlightening “real world” stories and examples to teach the audience seemingly complex concepts in a way audiences at all levels can absorb.  He is the co-author of Trading By Numbers (Wiley, 2012) and co-founder of a successful consulting firm specializing in retail and corporate investment education.