Professional Options Trading, Simplified
4.5 (41 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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Professional Options Trading, Simplified

Master the art of trading options with high probability of success, enabling you to generate a steady income stream
4.5 (41 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.
596 students enrolled
Created by Alex Bastardas
Last updated 4/2015
English
Current price: $10 Original price: $200 Discount: 95% off
1 day left at this price!
30-Day Money-Back Guarantee
Includes:
  • 2 hours on-demand video
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Trade options with very high success rates
  • Generate steady weekly income through low-risk strategies
  • Master the most successful options strategies that professionals use
  • Understand -and be able to profit from- the world of financial derivatives
View Curriculum
Requirements
  • Internet access
Description

There are several option and financial courses out there. Most of them promise to teach you a set of strategies that can deliver huge profits with limited risk. The fact is, most retail option traders actually lose money. Sure enough, they might have a couple of successful trades at the beginning. But sooner or later, the odds play out, and poor trading techniques cause a cascade of errors.

The goal of this course is teach you the way professionals play. They don't lose money, they make a consistent profit. The profits might not be a 700% return on one trade, but rather, a daily 1% return in many. When you add the numbers up, you will see that the smart, patient trader actually wins the race at the end of the year.

The course will not be delving into non-essential information. You do not need to know about complex strategies that have very poor success records, or delve into excessive mathematics or chart reading. We have backtested years of financial data to show which strategies actually, consistently, work. This is not our opinion, it is what the statistics show. As a result, we will only focus on the top most statistically successful strategies, and will teach you when to use which, depending on the market conditions and your personal trading profile.

At the end of this course, not only will you have solid knowledge about options trading, but you will have the benefit of knowing what works and what doesn't. You will know how to take advantage of volatility, the implied mathematical probabilities, and the time to expiration. Oh, and you most probably be able to get back the money you invested in this course in one trade.


What makes this course stand out from the rest?

  • We only focus on the strategies that statistically work. We have backtested years of financial data to come up with this list
  • We focus on teaching, not on selling subscriptions or garnering commissions from trades. As a result, we do not promise unrealistic exceptional returns or waste time discussing once-in-a-lifetime lucky guesses
  • We go beyond directional strategies, to focus on how to make money even if the market moves against you, by taking advantage of time and volatility
  • We explain how you can start making money right away, and give you the techniques you need to be successful from the get-go.
Who is the target audience?
  • Ambitious but rational individuals who do not get fooled by get-rich-quick schemes
  • Anybody interested in generating a highly successful income stream
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Curriculum For This Course
Expand All 21 Lectures Collapse All 21 Lectures 02:12:25
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Options: The Concept and its Pricing
7 Lectures 27:47

Understand what an option is, and what its main components and types are.

Preview 04:31

Master the essentials.

What is an Option Quiz
5 questions

We identify what the essential elements that affect the price of an option contract are. You'll also be able to understand how these elements work to affect the price.

Preview 05:08

The premium characteristics and its variables.

Option Pricing Quiz
4 questions

Get to know and understand what the main 'option greeks' are, and what they tell you about your trades.

Preview 04:00

Option Greeks Quiz
5 questions

Understand what the difference between buying and selling an option is, what the advanatges and disadvantages of each are, and what the ideal scenario to buy or sell is.

Buying vs. Selling Options
05:34

Test your grasp on buying vs selling options.

Buying vs. Selling Options Quiz
5 questions

Learn the difference between the instrinsic and the extrinsic value of an option. Be able to calculate each, and understand what they mean for your trading.

Intrinsic and Extrinsic Value
04:54

Intrinsic vs. Extrinsic Value Quiz
6 questions

Learn what a breakeven point is, and how to calculate them in each of the strategies we teach you in this course.

Calculating Breakevens
8 pages

What is an option chain? How can one buy, sell, and create option spreads through an online brokerage?

Option Chains: How to Interpret and Use Them
03:40
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Time, Volatility & Probability of Success
4 Lectures 25:16

Understand the impact that time to expiration has on options pricing, and identify scenarios in which you can profit from this phenomenon.

The Impact of Time to Expiration
05:27

Impact of Time Quiz
4 questions

Discover one of the most important -and often overlooked- components in option trading: volatility. Learn the difference between historical and implied. Understand the concept of IV rank, and learn how to use all this to establish more successful trades.

Volatility: Historical and Implied
06:07

Volatility Quiz
4 questions

Understand the concept of probability in options trading. Learn the difference between probability of being ITM and probability of success. Identify which options and trades are likely to have the best -and the worst- probabilities of success.

Probabilities of Success: What the Market Implies
06:49

Probability Quiz
5 questions

Understand the impact of this often overlooked element in options trading. Learn how liquidity -or a lack thereof- can make or break a trade. Discover where to find liquid underlyings, and how to take advantage of it in your trading.

Liquidity: The Silent Killer
06:53

Liquidity Quiz
4 questions
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The Strategies That Work
7 Lectures 01:03:47

Learn how the strategy is built, what the trading philosophy behind it is, what its risk/reward setup is, how its P/L and breakeven points are calculated, when the best time to trade it is, what type of underlying and market conditions are ideal for it, how the option greeks affect it, and what its advantages and disadvantages are.

Strategy 1
08:06

Strategy 1 Quiz
4 questions

Learn how the strategy is built, what the trading philosophy behind it is, what its risk/reward setup is, how its P/L and breakeven points are calculated, when the best time to trade it is, what type of underlying and market conditions are ideal for it, how the option greeks affect it, and what its advantages and disadvantages are.

Strategy 2
06:07

Strategy 2 Quiz
4 questions

Learn how the strategy is built, what the trading philosophy behind it is, what its risk/reward setup is, how its P/L and breakeven points are calculated, when the best time to trade it is, what type of underlying and market conditions are ideal for it, how the option greeks affect it, and what its advantages and disadvantages are.

Strategy 3
10:42

Strategy 3 Quiz
5 questions

Learn how the strategy is built, what the trading philosophy behind it is, what its risk/reward setup is, how its P/L and breakeven points are calculated, when the best time to trade it is, what type of underlying and market conditions are ideal for it, how the option greeks affect it, and what its advantages and disadvantages are.

Strategy 4
11:49

Strategy 4 Quiz
5 questions

Learn how the strategy is built, what the trading philosophy behind it is, what its risk/reward setup is, how its P/L and breakeven points are calculated, when the best time to trade it is, what type of underlying and market conditions are ideal for it, how the option greeks affect it, and what its advantages and disadvantages are.

Strategy 5
09:44

Strategy 5 Quiz
5 questions

Learn how the strategy is built, what the trading philosophy behind it is, what its risk/reward setup is, how its P/L and breakeven points are calculated, when the best time to trade it is, what type of underlying and market conditions are ideal for it, how the option greeks affect it, and what its advantages and disadvantages are.

Strategy 6
08:17

Strategy 6 Quiz
5 questions

Learn how the strategy is built, what the trading philosophy behind it is, what its risk/reward setup is, how its P/L and breakeven points are calculated, when the best time to trade it is, what type of underlying and market conditions are ideal for it, how the option greeks affect it, and what its advantages and disadvantages are.

Strategy 7
09:02

Strategy 7 Quiz
4 questions
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The Data that Proves It
1 Lecture 01:44

In this lecture, we publish the results of our proprietary, three-year-long study on the different success rates of the strategies discussed.

The Backtested Data
01:44
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You're Ready
2 Lectures 04:51

What to do now? We offer the tips you need to get your trading started, a discussion on the best online brokerages, the type of account you should open, the amount of money you need to get started, and how to avoid the common problems option traders face.

Next Steps and Final Tips
04:51

This is a document where we list the definitions of some option-related terms that we use frequently in the course. It can be a handy reference when watching the lectures or doing the quizzes.

Common Terms
1 page
About the Instructor
Alex Bastardas
4.4 Average rating
51 Reviews
1,468 Students
2 Courses
Founder of BBCP Capital and Finance Teacher

Educated at both the University of Cambridge and the University of Pennsylvania, Alex has two life passions: Teaching and Investing. He has developed both Economics and Finance curriculums ranging from high school to advanced college courses.

With years of investing experience, he has been able to deliver consistently above-average returns in all the years since. He co-founded his own investing firm four years ago.