Weekly Options and study of Options expiration dynamics

Options behavior in the final 2 weeks before expiry is dramatic. This course analyzes Weekly Options until the final day
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532 students enrolled
Instructed by Hari Swaminathan Business / Finance
$60
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  • Lectures 6
  • Contents Video: 1 hour
  • Skill Level Expert Level
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 3/2013 English

Course Description

WEEKLY OPTIONS TRADING AND OPTION EXPIRATION DYNAMICS

The impact of time decay on Option prices in the final week before expiry is an exciting phenomenon. We know time decay is exponential, but how do the Greeks actually behave during this time. This course on Trading Options at Expiration takes a deep dive using Apple (AAPL) Options Weekly series. All Weekly Option series open for trading on Thursday morning and trade until the following Friday. We follow an AAPL Short Straddle trade from Thursday morning until deep into the following week. The Short Straddle is explained in detail in this course; however, the reader may also view the Straddles and Strangles course, to get a more complete understanding of this type of trade. The Greeks are on steroids during the final week of an Option's life.

Option Greeks behave abnormally during the final week, especially the At-The-Money Options. It should be intuitive that these Options are experiencing an enormous amount of uncertainty insofar as to whether they will end up in-the-money or not. What may not be clear is how the Greeks behave during this time which ultimately impacts Option prices.

Most importantly, the lectures focus on the kinds of strategies that are ideal during the final two weeks before expiry. Although most strategies tend to focus on the most dominant Options characteristic during this time (Time Decay), the course also shows a couple of very interesting, very high reward strategies with very little risk.  

What can you expect

  • What are Weekly Options and why are they special
  • What characteristics do Options have when they are very close to expiry
  • What kind of trades are suitable during this time
  • What sort of attention do you need to give to these trades
  • What kinds of traders are Weekly Options suitable for
  • What time decay strategies could work during the final week
  • The impact of the final weekend on Option prices
  • What challenges and pitfalls can you expect from Weekly Options
  • What role does the Greek Gamma take on during this time
  • And why does Vega whimper out during this time
  • And what about Delta and Theta - it's a total Greek-fest 


WEEKLY OPTIONS ARE VERY EXCITING TO TRADE BUT MAKE SURE THEY ARE FOR YOU !!!

What are the requirements?

  • Basic knowledge of Stocks and Options
  • Basic knowledge of the Single Options strategies

What am I going to get from this course?

  • Learn all about Weekly Options
  • What are the pluses and minuses of trading Weekly Options
  • How does Time decay work on weekly Options
  • Simulate the effects of time decay on the days before expiry
  • What strategies are good for Weekly Options
  • How do all the Option Greeks behave during the final days before an Options expiry

What is the target audience?

  • Stock and Options traders
  • Why weekly Options may not be good for working professionals
  • Day traders of Options

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Introduction to Weekly Options and Options expiration dynamics
07:59
Introduction to Weeklies, Shorties and their characteristics
12:02
Analysis of ideal strategies using weekly Options - This lecture is on the Calendar trade.
10:49
Analysis of ideal strategies using weekly Options - This lecture is on the Iron Condor trade.
11:40
Analysis of ideal strategies using weekly Options - This lecture is on the Short Strangle trade.
Section 2: Decay of Option values until the last day
10:25
A detailed analysis of what happens to Option prices with every passing day until the last day of expiry.
10:40
The concluding lecture highlighting some very interesting high potential reward using Weekly Options
Weekly Options quiz
4 questions

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Instructor Biography

Hari Swaminathan, Options and Financial markets expert, Trader and Investor

Knowledge. Strategy. Execution.

Hari Swaminathan is the founder of OptionTiger, a cutting-edge Options education and trading company based in Washington D.C.. Hari is an entrepreneur, everyday person and a self-taught Options expert for over 8 years. Hari has a Bachelors degree in Engineering from India, and MBA degrees from Columbia University in NYC and London Business School in the U.K

More than ever, its become important for everyday people to take control of their financial situation, and create additional income in a smart, risk-controlled manner. This is precisely my mission. Through knowledge, education and investment discipline. Options are powerful, but they have a learning curve. I've broken down all the complexities of Options in simple language that everyone can understand. The courseware uses real trade examples, always highlighting the pluses and minuses of every investment situation. Options provide the best way to take advantage of bull cycles, bear cycles and everything in between.

As someone that has self-learnt Options and through making mistakes, I can tell you Options trading is not something you should take lightly. You will hear people talking of fantastic triple and quadruple digit returns. I'm here to be brutally honest with you - 

- Be very very careful in the first 12 months of Options trading. 

- This is when everyone is the most vulnerable to losing money. 

- Your main objective during this time is to focus on learning this craft and not lose money during this time. 

Having said that, if you can get past the first 12 months and acquire the expertise in a systematic manner, true financial independence awaits. Options are a mathematical and strategic game much like Chess, and no amount of technological advances can make this skill obsolete, because the fundamentals of Options are never going to change. 

You can trade Options from anywhere in the world, regardless of how old you are. You never have to worry about job security any more because you have a skill that can produce consistent wealth month after month. 

But you have some serious but exciting work to do before you can get there, and I'm here to help you in this journey. 

Watch my Free Course for Options Trading Beginners where I draw out a detailed roadmap of what this 12-month journey looks like, and the specific strategies you should master during each step of this learning process. 

Watch my Free Mini-courses or my YouTube channel , all of which have the highest quality of education material. 

And join me in my UDemy courses, where I share cutting-edge theoretical knowledge mixed with practical insights, strategy and impeccable execution through live trading examples. 

If you have any questions at any time, please feel free to message me on Udemy.

The order to follow on my Udemy courses

Comprehensive guide to Financial Markets, Investing and Trading

Options Trading Beginners Bundle (3-course Bundle)

Advanced Options Concepts

Options spreads and credit spreads Bundle

Technical analysis and Chart reading Bundle

After this, the order does not matter. You can take any of the courses as per your interest.

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