Stock Options Trades Using Interactive Brokers
3.7 (25 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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Stock Options Trades Using Interactive Brokers

Learn how to place Call and Put orders using the least expensive, quality Options broker in the world.
3.7 (25 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.
1,485 students enrolled
Last updated 9/2015
English
Price: $95
30-Day Money-Back Guarantee
Includes:
  • 44 mins on-demand video
  • 3 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Trade Options using Interactive Brokers
  • Have a good understanding of the IB interface
  • Know how to integrate IB with the Waves of Profit software
View Curriculum
Requirements
  • How to Trade
  • Should have completed the three Power Options courses on Udemy
Description

Discover how to use the best options trading broker, Interactive Brokers, to decrease your options commissions and make better trades.

Interactive Brokers Group, Inc. was founded by its Chairman and CEO Thomas Peterffy. Over the last 38 years, it has grown internally to become one of the premier securities firms with over $5 billion in equity capital.

Interactive Brokers conducts its broker trading businesses in over 100 markets worldwide. In its broker dealer agency business, IB gives online trade execution and clearing services to institutional and professional traders for a large number of electronically traded financial instruments including stocks, options and more worldwide.

Interactive Brokers Group manage nearly 1,000,000 trades daily.

IB trading platforms have been designed with the professional trader in mind:

  • Optimize your trading speed and efficiency with our market maker-designed Trader Workstation (TWS).
  • Trade your IB account on-the-go from just about any mobile device with mobileTWS.
  • Use our HTML-based WebTrader, a clean and simple interface that works from behind a firewall

Generate Higher Returns

Lower commissions, no ticket charges; no minimums; and no technology, software, platform, or reporting fees. Low financing rates, and higher loan values on portfolio margin accounts over $100K.

Best Price Execution

Most brokers trade against your orders or sell them to others to execute who will trade against them. The resulting poor execution probably costs you more than the commission you pay. IB SmartRoutingSM continuously searches and reroutes to the best available prices for stocks, options and combinations.

Frequent Trader's Monthly Costs

Barron's estimated a customer's monthly costs at each of the 18 brokers in this year's "Best Online Broker" ranking. Interactive Brokers was the best deal for both the occasional and frequent trader.

Average (18 brokers): $2,122 Interactive Brokers: only $839

Interactive Brokers has been building trading technology that provides competitive pricing, speed, size, diversity of global products and advanced trading tools to their clients for 38 years.

Comprehensive Reporting

IB statements and reports include real-time trade confirmations, margin details, transaction cost analysis, sophisticated portfolio analysis, tax optimization and a variety of other supplemental reports.

Who is the target audience?
  • Trader who want fast fulfillment of their trades at rock bottom prices
  • Traders who have or can apply and be approved for an Interactive Brokers Options account
  • Traders who can afford $2000 annually for the trading platform
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Curriculum For This Course
Expand All 14 Lectures Collapse All 14 Lectures 47:36
+
Start Here
10 Lectures 23:43

Steven starts taking you into the IB environment.

Preview 00:57

How to set up your work station to trade effectively.

Preview 01:24

How to open Options Trader in IB.

Preview 03:01

How to place a Call order.

Preview 03:46

How to place a Put order on Interactive Brokers

Preview 01:51

Puts and Calls
2 questions

Steven walks you through a live trade on IB TWS.

Trading Example
02:36

Steven walks you through the backend set up

Settings
02:50

Scott and Allen go through the process of making sure you have the right options data feeds from IB running on your Waves of Profit's software.

How to Select the Feeds from IB
03:35

Scott and Allen show you how to integrate the IB feed into the WoP software.

IB Feed Integration With Waves Of Profits' software
02:33

Conclusion
01:10
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Bonus Lectures
4 Lectures 19:53

Data feeds are essential to the success of your trades. Many data feeds are of substandard quality. Upgrades to the Waves of Profit software now uses the IB feed which is faster and more accurate.

Bonus Lecture: Data Feed Upgrades
19:53

$45K! Huge day for one of our students. The Chinese stock market melted down (crashed) and pulled down the stock market in NY and around the world.

I interviewed David and asked him how he did it. Then Allen and I dissected the days so you have a blow-by-blow description of the events.

The recording is not available in this course, but you can watch it on our closed Facebook group page.

https://www.facebook.com/groups/wavesofprofit/

Our Student Makes $45,000 in One Day!
1 page

Help Your Fellow Students
1 page

Learn more about Day Trading Options from our other courses.

Continuing Education
2 pages
About the Instructor
Steven Wright
4.0 Average rating
56 Reviews
5,069 Students
2 Courses
Instructor at Waves of Profit

I have been day trading for the past three years. Over the course of that three years I have created a method of day trading that minimizes risk and allows the users of my system to make intelligent trades based off process and emotion management.

Scott Paton
4.3 Average rating
1,438 Reviews
60,016 Students
68 Courses
Executive Producer (42 Podcasts, 65+ Udemy courses), Trainer

Scott Paton has been podcasting since the spring of 2005. His podcast "Weight Loss and The Mind" hit over 375,000 subscribers in its first year and over one million downloads. He has executive produced and/or co-hosted over 35 podcasts. An internationally renowned speaker, Scott has presented to audiences from London, England to Sydney, Australia, from Vancouver, BC to New York, NY, from LA to Rwanda. Thousands of entrepreneurs and NGO's have changed their public engagement strategies based on Scott's sharing. We hope you will, too!

Scott has over 48,500 students from 168 countries taking his courses.

Scott joined Udemy in 2013. In late 2014, one of his clients inspired him to make a video course on Podcasting. He revisited Udemy and got very excited at the potential. After his course went live, Scott told his clients and many decided to make courses but needed help, so he has become a co-instructor with them, while continuing to support and build his own courses. His co-topics all include areas of life-long learning by Scott, including Stock Option Trading, Alternative Health, EFT, and Relationships.