Course 301

Learn all aspects of trading options for a living.

Overview

The objective of the Practical Options Trading course is to prepare both beginner and experienced options traders to trade as professional derivative traders and make a living from using various option strategies.

Whether for premium generation, speculation or hedging, Practical Options Trading & Strategies course consists of an introduction to option theory and a implementation of practical trading strategies for all types of trading styles.

Each strategy will be defined and explained in detail. The maximum profits, maximum loss, risks and rewards of each strategy will be explored with live showcases showing how the strategy used will perform under a variety of changing variables and real market conditions.

Some of the practical tools our students will enjoy:

• Analysis and case studies of current events in the market in accordance to the learned material
• Working with trading platforms & options analysis tools used by Wall Street professionals
• The instructor will help you to identify & develop the right trading style for you

Brief Curriculum:

Part 1: Introduction to Options
Learn the ins and outs of the trading environment of the day trader. What are the markets that you will participate in, and know what's really moves the market and how the key players work.

Part 2: Valuing Options and Option Pricing
Establish the foundations to your technical analysis knowledge. Learn about the key chart patterns that are the ABC of technical analysis, and the different technical and systemic approaches used by traders.

Part 3: Advanced Strategies
Get ready for your trading day, make your research and come prepared. Know how to act during the different events that happens each day. Learn the secrets of shorting stocks.

Part 4: Practical Trading in Options
Learn about key indices every trader should follow, their derivatives and how institutions use them to move the markets. Learn how special events can move stocks, and how to make money from it.

Part 5: Using Options to Generate Income
Hunting for trend reversal and using profitable & low risk techniques from short term moves.

Part 6: Buying and Selling Volatility
Use moving average, stochastic and momentum analysis that will help to confirm the reliability of technical patterns. Learn how to trade as systemic trader with those powerful indicators.

Part 7: Index Options & Strategies
Identify the risks, how and when to use stops, setting trading rules and developing a disciplined approach for surviving the business for the long run.

Part 8: Special Situations
Identify the risks , how and when to use stops , setting trading rules and developing a disciplined approach for surviving the business for the long run.

Part 9: Position Risk Management & Psychology
Identify the risks , how and when to use stops , setting trading rules and developing a disciplined approach for surviving the business for the long run.

Small Groups

We believe that personal attention and tutoring is the most effective way to help you understand the material and succeed. Therefore, each class has a high teacher to student ratio (max. of 10 students per class, guaranteed) to give our students personal attention, training and the depth of knowledge they need to be successful traders.

Top

Learning Outcomes

At the end of the course participants will be able to:

• Know how to prepare yourself for and act during the trading day
• Make large 1-3 -day gains by using unique Swing Trading techniques
• Control your order flow and think & act like a Market Maker
• Identify the right trading style for you and develop it, while knowing how to adapt yourself to changing market conditions
• Master and operate a sophisticated trading platform and technical analysis software used by professional traders

Top

Agenda

Part 1 - Introduction to Options 1.1 Terms and Definitions 1.2 Calls and Puts Calls and Puts In the Money Out of the Money At the Money Expiration Option Premiums 1.3 European Option Vs. American Option 1.4 Trading Options vs. Trading Equities 1.5 Benefits of Trading Options 1.6 Risks of Trading Options 1.7 Creating Synthetic Positions Reverse Conversion (Synthetic Stock) Synthetic Calls Synthetic Puts 1.8 Put / Call Parity 1.9 Basic Strategies Naked Calls (Long/Short) Naked Put (Long/Short) Long Straddle Short Straddle Bullish Spread Bearish Spread Option Premiums Part 2 - Valuing Options and Option Pricing 2.1 Pricing Model Mathematics 2.2 The Option Pricing Models 2.3 How Options Respond to Changing Conditions? 2.4 Inputs to the Option Pricing Model 2.5 Calculation and Origin of Theoretical Value 2.6 Black & Scholtes (B&S) 2.7 The Greeks Delta Gamma Theta Vega When Should You Use the Greeks and Which is Relevant to You? 2.8 Position's Risk Evaluation - Plotting Scenario's Risk 2.9 Using Advanced Tools to Analyze Risk/Reward 2.10 Other Influences on Options Parameters and Price: Economic Indication Market Indication Technical Analysis - Critical Levels 2.11 Volume and Open Interest 2.12 Generating Viewpoint/Prediction 2.13 Underlying Market and Stock Trends 2.14 Volatility Trends Part 3 - Advanced Strategies 3.1 Bull Spread Debit Bull Spread Credit Bull Spread How to Trade the Spread 3.2 Bear Spread Debit Bear Spread Credit Bear Spread How to Trade the Spread 3.3 Straddle Long Straddle Short Straddle How to Trade Straddle 3.4 Strangle Long Strangle Short Strangle How to Trade Strangle 3.5 Butterfly Long Butterfly Short Butterfly How to Trade Butterfly 3.6 Calendar Spreads 3.7 Diagonal Spreads (Different Date & Strike) 3.8 Ratio Spreads 3.9 Condor 3.10 Box (Arbitrage) Part 4 - Practical Trading in Options 4.1 Margin Requirements 4.2 Trading Restrictions 4.3 Exercise Rules 4.4 Quadruple Witching Day 4.5 Options Exchanges 4.6 Leaps Options 4.7 Trading Costs in the Option Analysis 4.8 Tax Rules for Options 4.9 Option Symbols & Codes 4.10 Introduction to Professional Options Execution Platform 4.11 How to Read Option Quote Screens 4.12 Connecting Quotes to Excel (DDE) 4.13 The Options Trading Process: Finding Stocks With Technical Analysis     - Finding Channels     - Finding Support/Resistance     - Finding Breakouts/Breakdown Finding Stocks With Other Methods Preparing Trade Plan Choosing the Right Strike & Expiration Date Monitoring & Evaluating Position on a Daily Basis Adjusting the Position When to Close the Position? Part 5 - Using Options to Generate Income 5.1 The Covered Call Concept 5.2 Examples of 8 Stocks and Cover Calls 5.3 Working with Pre-Established Standards 5.4 Calculating the Gain Comparatively 5.5 Evaluating the Underlying Stock's Short Term Forecast 5.6 Calculating Option Strikes & Quotes 5.7 After The Sale: Checking Position Value Rolling Forward and Up Avoiding and Handling Exercise Part 6 - Buying And Selling Volatility 6.1 What is Volatility Trading? 6.2 Tools to the Volatility Trader 6.3 Selling High Volatility 6.4 Buying Low Volatility 6.5 Delta Neutral Trading 6.6 Seasonal Patterns in the Markets 6.7 The Relationship between Volatility and Price 6.8 Using the VIX.X and VXN.X 6.9 Directional Trading Using Pattern Recognition Part 7 - Index Options & Strategies 7.1 Index Options 7.2 ETF Options 7.3 Meet the QQQQ and the OEX - World's Most Heavily Traded Contracts 7.4 Cash Settlement 7.5 Expiration 7.6 Benefits and Risks of Trading Index Options 7.7 Index Option Strategies Long Index Calls Long Index Puts Using a Strangle to Capitalize on Uncertainty Part 8 - Special Situations 8.1 Playing Takeovers 8.2 Timing the Market Using the VIX 8.3 Why VIX Surge Stops a Market Plunge? 8.4 Letting the Options Market Tip You Off on Significant Event 8.5 Out of the Money Expiration Speculation Part 9 - Position Risk Management & Psychology 9.1 Risk Management - Trading Rules, Capital Preservation 9.2 Use of Contingent Stop Loss Orders on the Underlying Stock 9.3 Putting it Together - Working Through Specific Examples 9.4 Trade/Business Plan 9.5 Q&A

Top

Special Bonuses for Our Students

Class Material Binder & CD Each student will receive a binder with all class slides and material printed. The printed slides have room to write notes. Also included are class exercises, handouts and a CD with graphics and charts. All material is organized in accordance with the curriculum.

Membership Graduation from our courses does not mean your relationship with us ends. Our graduates will receive access to our special investor forum, where you can ask questions and exchange ideas with instructors as well as other investors like yourself. We will also invite you to participate in our annual conference, free of charge.

Top

Details & Registration

 Upcoming Sessions

16-Dec-08 -- 19-Dec-08 Lead Instructor: Tony Calderone New York 9:00am - 3:00pm Tuesday - Friday (4 full days in a row) Wall Street Campus $2,500 20-Jan-09 -- 3-Feb-09 Lead Instructor: Tony Calderone New York 5:30pm - 9:30pm Tuesdays & Thursdays (Twice a week) Wall Street Campus $2,500 23-Feb-09 -- 26-Feb-09 Lead Instructor: Tony Calderone New York 9:00am - 3:00pm Monday - Thursday (4 full days in a row) Wall Street Campus $2,500 11-Mar-09 -- 30-Mar-09 Lead Instructor: Tony Calderone New York 5:30pm - 9:30pm Mondays & Wednesdays (Twice a week) Wall Street Campus $2,500

 Payment Methods

Credit Card We accept all major credit cards and PayPal. The payment can be completed through our secure e-commerce system. Speaking to a Sales Rep You can call or email one of our representatives and pay over the phone. +212.784.6476 9:00am - 7:30pm   Monday - Thursday 9:00am - 5:00pm   Friday Check/ Money Orders Should be made payable to: Invest Academy And mailed to this address: 44 Wall Street 10th Fl New York, NY 10005