Options Trading for Rookies: Selling Options for Income
4.5 (2 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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Options Trading for Rookies: Selling Options for Income

Learn to Sell "Naked" Call and Put Options, Earn Income while controlling your risk, and increasing your success rate
4.5 (2 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.
416 students enrolled
Last updated 6/2017
English
Current price: $10 Original price: $95 Discount: 89% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 1 hour on-demand video
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Understand the risks and rewards of selling naked options
  • Learn how to reduce the risks of selling options while increasing your profits
  • Build confidence with selling naked options and options trading in general
  • Pick your win percentage on every trade you make
  • Learn what short puts and calls are and how to trade them
  • Understand the risk of assignment (and stocks to avoid when selling naked options)
  • Learn how to use duration, direction and volatility to your own advantage
  • Learn how to manage winning trades
  • Learn how to reduce and manage your losing trades
View Curriculum
Requirements
  • Good understanding of what options are and how they work. This is an advanced naked option strategy
  • Knowledge of basic option strategies (like vertical options)
  • Everyone is welcome
  • Desire to learn
  • A computer or tablet to watch the videos
  • Pen and paper for taking notes
Description

Udemy Course Updated: June, 2017

Investing Strategies and Option Trading:

  • Do you want to learn how to trade options effectively?
  • How to trade in the stock market without losing your shirt... or blouse?
  • How to increase your profits while limiting your trading risk?


Selling naked options is a very profitable option trading strategy.  

In this course I show you every thing you need to know to trade them correctly, things to avoid and the risks associated with trading naked options.  

This is an advanced option strategy. so it is essential that you know and understand the basics of option trading (what they are, how they work) and how to trade basic strategies such as vertical options. 

This Udemy option course will give you the roadmap to do sell naked options efficiently, effectively and profitably.

In this Udemy option course, you will learn:

  • the risks and rewards of selling naked options
  • how to reduce the risks of selling options while increasing your profits
  • how to pick your win percentage on every trade you make
  • what short puts and calls are and how to trade them
  • the risk of assignment (and stocks to avoid when selling naked options)
  • how to manage a trade, once you have opened a position
  • your position size when buying options and when selling options
  • how and when to widen the the strike price using real trading examples
  • how to use duration (or expiration) and direction (uptrend, downtrend, sideways)
  • how to outperform your probability of making money in a specific trade
  • how to manage winning trades
  • how to manage and close losing trades
  • and so much more!


Options trading is made easy.  

This course is packed with practical, insightful and educational option material.  These lessons are truly priceless.

It's easy to play with paper money or track certain trades and see how they perform, but nothing prepares you for trading real money except real trading.  Watching your profits and losses move up and down on a daily basis is enough to put anyone on an emotional rollercoaster.  

The only way to prepare yourself to handle the ups and down of trading is to have a solid plan going into it.  This course will give you that!  Learning how to trade options has never been easier.  

This course will give you the step-by-step instruction:

  • how to sell naked options to maximize your profits
  • the rules you need know to manage those naked short puts and calls profitably and safely.  


Everything will also be shown on real trading platforms, so you can see exactly how to set them up in reality, not just a slide of it.

There is no frivolous information here.  Our goal is to get you up and trading right away, so everything you need to know is here and presented in a straightforward and easy to understand format.  All the information is laid out and explained thoroughly on slides, and then illustrated on live trading platforms to show you how to use it in reality.

Our goal here is to give you the confidence you need to trade successfully, and the way to do that is thru knowledge and knowing how to do the right thing.  

As long as you learn to trade options following the rules we lie out for you in our option courses, over time YOU WILL BE a successful trader.  

We are going to teach you the "right way" to trade, so you can be a successful trader for the rest of your life.  

Please also visit us at SharperTrades and take our FREE Webinar on Earning Monthly Income thru Options.

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I'm a firm believer that "Nobody Cares About Your Money More Than You Do."  I want to teach you how to manage your own money, so you don't have to pay exorbitant fees to Money Managers who get paid whether they make money for you or not.  

Young or old, everyone can learn to trade.  All you need is the calculator on your phone and you have all the tools necessary to take this course and learn a skill that can make you money for the rest of your life!

This course is for all levels: beginners, intermediate and advanced traders! All you need is an open mind and a passion to be successful!

Enroll in this course now and start trading the market successfully!

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All our Sharper Trades courses come with:

  • 30 day money-back-in-full guarantee
  • Unlimited lifetime access at no extra costs
  • All future additional lectures, bonuses, etc in this course are always free
  • Our Sharper Trades team is always available to answer any question you might have regarding this course. Answers are given in less than 24 hours!
  • Your trading success is our goal!

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Over 30,000 students have already joined Sharper Trades courses. Join a large community of successful traders.

Click "Take This Course" and Start Trading Successfully TODAY!

Who is the target audience?
  • Anyone familiar with option trading
  • Anyone interested in trading options
  • Anyone interested in investing using stock options
  • Anyone looking to increase their trading risk to receive much greater rewards
  • Anyone familiar with selling options looking to increase their profits
  • Tastytraders who are having a hard time get up to speed on understanding what is going on. This will get you up to speed quickly.
Students Who Viewed This Course Also Viewed
Curriculum For This Course
25 Lectures
01:08:56
+
The Starting Gate
2 Lectures 04:31

What you should know moving forward.  But if you don't, here is where you can get the knowledge.

Option Trading for Rookies Knowledge
02:19
+
Short Puts Defined
4 Lectures 13:51

Visual illustration of how a "Short" Put actually works

Preview 05:36

The thinking behind the "Short" or "Naked" Put Strategy

Preview 02:21

What is the risk associated with Selling Options?  It is explained right here.

Caution: The Risk of Assignment
03:06

You need to be aware of what you are responsible for when Selling Puts.  Huge Rewards make look enticing, but what are my risks if things don't go my way?

Danger: Selling Puts on High Priced Stocks
02:48

Quick refresher on what you need to know about Selling Puts.

What are Short Puts?
5 questions
+
Trading Checklist for Selling Puts
4 Lectures 07:33

Here is a complete list of our Trading Rules to abide by when Selling Puts

Trading Checklist: Selling Puts
01:15

This is Trading Rule #3 from the Option Trading for Rookies course, "Make & Manage Profitable Trades."  If you plan on trading consistently, this course is a must moving forward as it is the key to success in trading.

Trading Rule #3 - Duration over Direction
01:32

If you are not familiar with the "5 Golden Rules" of Trading Verticals/Iron Condors already, I highly recommend taking the "Option Trading for Rookies:  Basic Option Strategies" course as it will break them all down for you since they also apply to Selling Options as well.

Trading Rule#2: Volatility (Explained & illustrated)
04:11

BONUS - Free Gift
00:35
+
Trading Platform Illustration
3 Lectures 15:58

Let's take our Trading Checklist and see it used on a real trading platform to further illustrate how the rules work and how to apply them in reality.

Trading Checklist: Trading Platform Illustration
08:18

Explaining the concept of Higher POP/Lower Income (Lower POP/Higher Income) in detail.

Selling Puts: Risk vs Reward Illustration
02:25

It really is just this easy to make trades.  See for yourself here!

Live Trading Platform Demonstration
05:15
+
The Final Step: Managing Trades
4 Lectures 10:24

How do we manage these trades and what should we expect and be prepared for when Selling Options.

Preview 00:48

This is Trading Rule #4 from the Option Trading for Rookies course, "Make & Manage Profitable Trades."  If you plan on trading consistently, this course is a must moving forward as it is the key to success in trading.

Trading Rule #4: Manage Winners at 50%
02:13

Don't take my word for it, here is the proof that Managing Winners is by far the best way to increase your success rate and profitability over time.

Managing Winners - The Proof
04:32

If things go against us on our trades, what are our options?  (No pun intended... ok I intended it).

What to Expect with Short Puts
02:51
+
Short Calls Defined
4 Lectures 07:24

Everything looks upside down?!  That is correct, as Selling Calls are the exact opposite as Selling Puts as illustrated here.

Preview 01:57

The thinking behind the "Short" or "Naked" Call Strategy

When do I use Short Calls?
01:10

What is the risk associated with Selling Options?  It is explained right here.

Caution: The Risk of Assignment
01:47

You need to be aware of what you are responsible for when Selling Calls.  Huge Rewards make look enticing, but what are my risks if things don't go my way?

Danger: Selling Calls on High Priced Stocks
02:30

Quick refresher on what you need to know about Selling Calls.

What are Short Calls?
5 questions
+
Trading Platform Illustration
1 Lecture 05:45

It really is just this easy to make trades.  See for yourself here!

Live Trading Platform Demonstration
05:45
+
Conclusions
3 Lectures 03:30

So what did we learn?  Hopefully, everything listed here.

Course Recap
00:46

Download this and print this out and put it by your computer.  These are all the Rules you need to know when Trading "Short" or "Naked" Options.

Final Checklist
01:34

There is so much more to learn, so please come join me in learning other trading skills!

BONUS Lecture
01:10
About the Instructor
Kal Zurn
4.7 Average rating
157 Reviews
9,744 Students
5 Courses
Option Trader | Founder of Option Trading for Rookies

Kal is a successful options trader who is also founder of Option Trading for Rookies and a co-instructor at SharperTrades, an online trading education site that teaches effective and profitable trading strategies to over 30,000 students in 167 countries.

In 2013 Tastytrade, the largest online financial network in the world, featured Kal as one of its original Rising Stars.

Kal has spent years and thousands of hours learning how to trade options successfully, and has distilled all his knowledge down into simple, easy to understand courses that can get anyone with the desire up and trading options in only a few hours of instruction.

Kal is a passionate instructor whose goal is to teach people to "manage their own money" and achieve financial freedom.

You don’t need to be an expert to make money in the stock market. All you need to learn is how to increase your Probability of Profit and Kal will teach you that!

Luca Moschini
4.5 Average rating
806 Reviews
33,233 Students
15 Courses
Stock, Forex & Commodity Trader, Chinese Medicine Instructor

Luca Moschini is the founder of Sharper Trades, an online trading education site offering a comprehensive training program based on candlestick analysis, technical analysis and option strategies.

Luca is a swing trader with his main focus on individual stocks and ETFs. He trades US markets, predominantly NASDAQ, New York Stock Exchange (NYSE) and Chicago Mercantile Exchange & Chicago Board of Trade (CME Group) . He also trades gold, grains, natural gas and other commodities.

Luca runs Sharp Alert, a stock trading alert system based on technical analysis for day traders, swing traders and position traders. 

In addition, Luca is also the founder and head instructor of Dashen® Foundation. He carries on the tradition he was taught by his teachers who studied with highly advanced Tai Chi, Qigong and Jin Shin Jyutsu masters.

Luca travels extensively to share the teachings of Chinese Medicine. He also has a private practice in California and Oregon and teaches self-care techniques at Stanford University in Palo Alto, CA.

Luca Moschini is nationally certified through the NCCAOM (National Commission Certification of Acupuncture and Oriental Medicine).


TRADING RISK DISCLAIMER

All the information shared in our courses is provided for educational purposes only. Any trades placed upon reliance on Sharper Trades are taken at your own risk for your own account. Past performance is no guarantee.

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.