What you'll learn

By the end of this course you will be competent to analyze any simple or complex option position so you can make informed decisions.
You will learn many tips and tricks to help you reduce your trading costs.
You will learn option trading basics as well as many advanced topics and see them applied in many hours of video examples.
You will learn how to access the risks and rewards of any type of option trade.
Learn how options are priced in the markets and how to quickly forward test how different market scenarios will affect your positions.
You will learn a simple step by step process for option trade analysis.
You will see many hours of of video showing examples for most common option positions as well as customized positions.

Course content

17 sections • 74 lectures • 12h 48m total length

Introduction6:37

Trading Psychology19:27
Trade Management4:11
Capital Management4:54
Technical Analysis3:52
TOS Charts Video12:26
This video takes a quick look at the basic charting functions in the Think or Swim (TOS) software. The charting functions in TOS are as good as I have seen anywhere and contain many standard features. The charts also have a section where you can program in your own indicators, functions and even trading systems.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.

Stocks And ETFs8:55
Option Indexes3:20
What To Trade Video - Stocks And ETFs16:14
In this video we will discuss how to narrow down the universe of assets that are good candidates for option trading.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
What To Trade Video - Indexes17:04
We will look at some of the special broad market indexes available and how they differ from stocks for option trading.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.

Volatility Basics7:11
Volatility Indexes3:38
Probability Video14:11
In this video we will introduce some of the ways that probabilities are presented in the TOS software.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
SPX And VIX Video8:28
Here we will explore the relationship between the VIX and SPX tickers (S&P 500 volatility vs S&P 500 index) .

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
VIX To Option Pricing Video4:52
In this video we will look at examples of how the VIX influences option prices.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Volatility Graphing Video6:13
Here we will show how to install volatility graphing in the charts for any ticker.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.

Option Pricing Elements3:23
Monyness3:12
The Greeks8:49
Option Table Video - Intro And Monyness11:38
Option tables or option chains contain all the options available for a given underlying instrument or asset. They are sorted by expiration month and by strike price. The strike pricing is the different price points for an asset where a standard option is available. The prices for these options are displayed as a bid price and an ask price. The bid price is typically the price at which you would sell the option and the ask price is typically the price at which you would buy an option. The difference between the bid and ask prices are called the bid/ask spread. In addition to the bid ask prices the tables may be configured to contain other information that is pertinent to the option such as the volume, open interest, the Greeks, Implied volatility and other information. This is the first of 4 videos on using option tables in TOS. We will see that these option tables are very versatile and full of valuable pricing information. In this first video we will be introduced to the tables and see the how the concept of monyness is viewed. This all sounds very confusing so let’s just take a look at the option tables on the TOS software in some video’s now. We will see that these tables are well organized and easy to read and easy to decipher these pricing components or labels.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Option Table Video - Volume And Open Interest14:00
We will see how to adjust the tables to give us volume and open interest information.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Option Table Video - The Greeks10:05
We adjust the option tables to show the Greeks and discuss each of them.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Option Table Video - Theo Pricing9:36
We will have the tables show us some Theo pricing adjustments and how changing elements of the greeks can be influence an options price. Don’t miss this video!

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Option Table Video - Pricing Process For Single Option19:26
In This video, we will look at a process to look at a chart, select a single option to buy (put) and analyse the position. We will see how the option compares to stock ownership or shorting the stock in this case. We will also discuss the risk / reward ratio associated with this trade and the leverage.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.

Buy A Call And Intro To The Risk Profile Tab7:02
Now that we have all the basic theory completed the rest of the course will be all videos. In this video we will introduce buying a call and some basic features of the analyze tab in the TOS software.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Buy A Call Option Selection10:40
In This video we will show how to select an option from the tables for use in the analyze tab.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Buy A Call Analysis 113:18
In this video we will start to analyze a call option.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Buy A Call Analysis 210:06
More buy a call option analysis in the TOS analyze tab.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Buy A Call - Confirm The Buy9:02
Here we will show the confirm purchase window and other features.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Buy A Call - Leverage14:15
In This video we will discuss how an option has much more leverage than a stock purchase. We will also see how the leverage can be adjusted.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Buy A Call - ITM Leaps13:19
We will look at call options that expire in more than a year.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Buy A Call - Think Back Intro9:01
In this video we introduce the think back tab where we can back test some option plays using different market scenarios and market pricing from the past.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.

Buy A Put - Option Selection9:45
Select puts to buy and analyze.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Buy A Put - Analysis10:12
In this video we will analyze long puts using the TOS analyze tab.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.
Buy A Put - Leverage11:33
More examples of leverage in action when buying a put.

Note: This video is best viewed with the 720p setting (HD button on video control bar) and full screen mode for maximum resolution.

Requirements

Broadband internet connection to view streaming videos.
An options broker is recommended in the course.

Description

In this course we will help you learn about trading options and how to quickly and effectively evaluate many different types of option positions. You will see how easy options are to trade profitably once you understand some basic concepts and apply a simple step by step process to analyze your trades. In the many videos, you will also see many different option strategies and together we will step through and analyze each of these trades. In addition to the unique information you will be learning here, you will also gain enough knowledge to create and evaluate your own option strategies that will fit your personal trading style. Once you master these easy skills, you will be able to traverse the option trading universe and will never be fooled again. You will also be able to quickly build a potential trade and decide if a trade is to risky for you or if a trade may have an acceptable return. To sample some of the content in this course, the course introduction text and several review chapters have been made available to view for free.

Who this course is for:

Anybody who wants to learn how to trade options profitably.
Intermediate option traders who want to refresh the basics and move up to more advanced topics.
Advanced option traders who want to refresh the basics and see advanced methods for option trade analysis from a veteran trader.

What you'll learn

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Course content

Introduction1 lecture • 7min

Why Trade Options2 lectures • 9min

Trading Concepts5 lectures • 45min

Brokers3 lectures • 34min

Option Contracts2 lectures • 17min

What To Trade4 lectures • 46min

Volatility6 lectures • 45min

Option Pricing8 lectures • 1hr 20min

Buy A Call8 lectures • 1hr 27min

Buy A Put3 lectures • 32min

Requirements

Description

Who this course is for: