Learn Stock Options: Options Made Simple 101
4.7 (13 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.
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Learn Stock Options: Options Made Simple 101

Everything you wanted to know about options but didn't know to ask
4.7 (13 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.
105 students enrolled
Last updated 8/2016
English
Curiosity Sale
Current price: $10 Original price: $35 Discount: 71% off
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?
  • Choose the right stock option to trade
  • Know which strike price and expiration month to buy
  • Understand option pricing
  • Avoid the biggest risk of stock options - time decay
  • Apply options to day trading situations
View Curriculum
Requirements
  • A general understanding of the stock market is needed before taking this course
Description

Options Made Simple is an 8-class series on stock options intended to take participants from beginner to intermediate options trading.  It is the ideal program for a stock trader who wants to add options to their possible trading strategies.  This program covers all of the basics of beginning options:  

  • Calls & puts 
  • Buying and selling 
  • Opening trades 
  • Closing trades  
  • An entire class on option time decay (one of the most misunderstood components of options).  

Besides the basics, you will learn two simple strategies so you can start implementing these trades right away, as well as an entire class on day-trading options. 

If you have a general understanding of the stock market and have heard people talk about options but never really learned to trade them, this class is perfect for you.  The training is simple, to the point, yet extremely thorough.  

If you are a skeptic of stock options you may be surprised just how flexible they can be and how they can:

  • Reduce your capital costs
  • Reduce your risk per trade
  • Increase your ROI

Option traders who really learn to understand options, consistently out perform regular stock trades and find the option to add great flexibility and leverage.  

Who is the target audience?
  • This course is perfect for any trader who wants to learn to trade stock options
  • Anyone who wants to add options to their trading strategies
  • Anyone who wants to get better leverage on their stock traders with options.
  • This course is not good for very long term traders, or traders who want to trade on fundamentals alone
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Curriculum For This Course
49 Lectures
05:04:01
+
Start Here
6 Lectures 30:49

A brief history of options
07:11

Transfer of Risk
06:16

Why we use options
04:52

Trading options as a speculator
09:15

Conclusion
01:25
+
The Basic Building Blocks
6 Lectures 43:30

Applying the 4 plays
07:30

The option chain
10:44

Option standardization
14:55

Intrinsic value & Time value
02:44

Homework
01:49
+
Option Pricing
7 Lectures 01:04:06

In the money, at the money, out of the money
12:09

Unpacking time value
09:56

Unpacking the greeks
12:35

Estimating Option prices
11:56

Call option example
07:17

Homework
01:28
+
The basic Strategy
7 Lectures 50:11

The basic strategies
08:58

Picking the strike price
07:47

Picking the expiration
04:46

The risk Profile
05:59

When to avoid buying options
11:19

Homework
01:28
+
Walking through a trade
4 Lectures 16:43

Walking through a call trade
05:36

Walking through a put trade
05:30

Homework
01:39
+
Closing trades & Setting Stops
6 Lectures 43:58

Different ways to close a trade
09:57

Trigger/contingency orders
08:23

Variations of Stop orders
12:13

Setting stops
07:28

Homework
01:39
+
Time decay - the silent killer!
6 Lectures 29:21
Option pricing review
05:30

Unpacking Theta
08:30

The dangers of time decay
05:13

Practical application of time decay
05:36

Buyer or a seller?
02:26

Homework
02:06
+
Day Trading weekly options
7 Lectures 25:23
Review/Intro to weekly options
03:31

Weekly Options
06:52

Three weekly strategies
02:28

The weekly day trade
06:54

Selling Weekly Options
04:02

Homework
01:09

Wrap up
00:27
About the Instructor
TradeSmart University
4.4 Average rating
133 Reviews
549 Students
5 Courses
Stock Market Education

TradeSmart University was founded for the purpose of making the seemingly complex issues of stock market trading accessible to anybody with a desire to learn. Our mission: “Delivering Simple, Results Oriented Trading Education,” creates the most accessible, easy-to-understand, comprehensive trading education on the planet.

Training is conducted through Online Seminars (webinars) and consists of a complete, holistic approach to stock trading. Students love the light, fun environment through which the stock market is presented and comment often on the entertaining aspects of the class structure.

Jeremy Whaley
4.5 Average rating
80 Reviews
345 Students
4 Courses
Online Entrepreneur and Stock Trading guru

Hello, My name is Jeremy Whaley and I'm thrilled to have you reading my profile.  


Professionally I'm best known as one of the Co-Founders and former CEO of TradeSmart University, where we teach people how to trade the stock market.  You could say I was blessed enough to kind of "fall into" that as a profession.  I didn't start off as a teacher and if you had asked me 10 years ago, I would not have considered myself a teacher. 


I started my professional career as a musician.  I have a music degree.  I spent 8 years producing albums, making tracks, working with artists, and running my own recording studio in Nashville TN.  There's just one thing they don't tell you about the music business when you start: a musician who is "doing well" is still living in poverty compared to most of the other professions of the world!


Despite the fact I was "doing well" as a musician, I needed extra money so in 2005, after I got married, I decided to really dig-in to a side interest I had and become an expert.  That interest was stock and options trading.  


I originally started trading in 1999 when I was in college, but I put it down for a little bit while I was focused on music.  When I finally committed to building my trading skills, I had no idea what an exciting journey it would lead me through.  


A couple of years into it I had people asking me about what I was doing and I started teaching some friends and family.  Before I knew it I had about 10-12 people learning from me!  The biggest surprise, however, was the fact that I liked it!  In fact, I liked teaching more than I liked trading!  


In 2008 my business partner and I launched what became TradeSmart University.  We wanted to share with the world what I had been teaching my friends and family.  We did some free advertising and had almost 800 people sign up for our very first free webinar!  We were amazed !  And the rest, as they say, is history. 


I have a hard time saying what I do.  Yes, I'm a teacher.  And yes, I'm an entrepreneur.  And I'm also a trader. But the interesting thing is the journey took me to new places I never expected to go.  I became a marketer, a business developer, a motivational coach, an employer, a blogger, a very bad graphic designer, and much more.  All the while, I'm still a music producer and keyboard player.  


Some would call me a Jack of all trades, but in reality, I think I represent the 21st-century person.  In today's "information age" we have so much access to so much information, it is only natural that people learn multiple disciplines.  Today, the idea of becoming one thing and sticking with that your whole life is old.  In today's marketplace and in the next 10-15 years, we will see even more solo-preneurs taking control of their future and learning multiple disciplines.  It's essential for survival.  


I'm passionate about helping people.  I love sharing what I have learned, learning more, and watching others do the same.  I'm passionate about destroying financial barriers to success.  I'm passionate about living life in an extra-ordinary way.  I believe we were created for a purpose and anything less than extraordinary is not living up to our full potential.  


If you were to ask me who I am, I guess I could best sum it up this way:  I'm a man on a mission to experience this extraordinary life we were created to live.  Everything else is just part of the journey.  


I hope my classes and training can help you carve out some new understandings of what it means to live an extraordinary life.