What is a Hari Swaminathan Options Trading BasicsΒ for Cheap?
THREE COURSE BUNDLE β 10+ HOURS
The first 3 Options Trading Strategies courses are combined to create this bundle. To master the basics of Options, you really need all three courses.
A brief synopsis of the options trading strategies courses are provided below.
LEARN CALL OPTIONS AND PUT OPTIONS, OPTIONS FOUNDATION β TIME DECAY, IMPLIED VOLATILITY, OPTION GREEKSΒ BUYING CALL OPTIONS AND PUT OPTIONS β LIVE TRADESΒ
SECTION I βΒ Call OptionsΒ
Most people learning Options for the first time face too much jargon and complex language. This options trading strategies course use real-world examples (buying a house) to explain how a Call Option (Section 1) works in real life. This example should make it absolutely clear what a Call Option is in step-by-step details.
SECTION II β Put Options.Β Β
The Put Option is the ultimate βprotectorβ of your portfolio, and in this course you can learn how Put Options work. It is the exact opposite of a Call Option. Put Options increase in value when the value of a stock or index drops in price. We define what a Put Option, and just like we did in the Call Option, we consider a real-world example of a Put Option.
SECTION III β Stock and Options combo strategiesΒ
In this section, three creative strategies are outlined for Stock investors to combine Options into their portfolio strategies.
- Β Use Options to buy Stock at prices that are far lower than what the stock is currently trading for
- Β Use Options to sell Stock at prices that are far higher than what it is currently trading for
- Β Use Options to hedge a Stock position that you already own
SECTION IV β TIME DECAYΒ
Time decay is a pivotal component of Options strategies. In fact, time decay alone is responsible for the majority of advanced option strategies. In this part of the options trading strategies course, we are going to study the concept in detail. Options are βwastingβ assets, and they lose value every day. The buyer gets hurt from time decay and the seller benefits from it. And time decay becomes more exponential as we approach expiry of an Option. It is also the great equalizer between the profiles of a buyer and seller of Options.
Time decay is the great equalizer in the risk / reward profiles of buyers and sellers of Options. Several intermediate and advanced strategies are based on selling premium (option sellers) and these positions make a profit due to time decay in the value of these options over a period of time.
SECTION V β IMPLIED VOLATILITYΒ Β
Implied Volatility is the βwildcardβ in Option prices. Ignore it, and you will pay a price. In fact, itβs so important we have at least four different varieties β Volatility, Implied Volatility, Historical Volatility, and Future or Expected Volatility. We use the real-world examples to explain the concept of Volatility in simple terms. Then we study how Volatility is quantified in Stocks and Options. And how Volatility finds a back-door to embed itself into Option prices. Implied Volatility considerations are critical when choosing between a buyer and seller profile. We break this complex topic down into simple terms and show you an example of NFLX and CAT options that should make it absolutely clear what this is all about.
SECTION VI β OPTION GREEKS, DELTA, GAMMA, VEGA, THETAΒ
If youβre the pilot of an aircraft, the Greeks are your instrument panel. If you donβt manage your instrument panel properly, wellβ¦you get the picture. Understanding the Greeks are absolutely critical to every Option position. We break this course into easy to understand chapters for all the four Greeks β Delta, the king of all Greeks. Gamma β the silent operator. Theta β every Option sellerβs dream. And Vega β Watch out for this one.. Most beginners to Options tend to ignore the Greeks. Master the Greeks and youβll shave off months of learning curve. Not to mention, you can then fly your aircraft on βauto-pilotβ (with help from the Greeks).
SECTION VII β OPTIONS MARKET STRUCTUREΒ
The Options market has a number of terms that we need to be aware of. Starting with terminology differences like βLongβ and βShortβ, we look at all the details that go into the Options market. We explain the important processes like Exercise and Assignment, as well as things like Expiry series, Bid-Ask spreads, Brokerage and transaction costs and various other details. What is Open Interest and why is it important, and what is the role of a Market Maker. We study the different Order types and which ones are important for the average investor, and which ones make sense in different situations. We also discuss Regulation T Margin as it applies to Options as well as Portfolio margin.
SECTION VIII β BUY A CALL OPTION (CHIPOTLE MEXICAN GRILL)Β
Buying a Call Option is the most basic of all the Option strategies and is the most efficient strategy to optimize a bullish outlook on a stock. In this options trading strategies course, we take the example of Chipotle Mexican Grill (CMG) and show how the trade played out. We analyze the rationale behind entering the trade, the risk/reward profile, chart analysis and point of entry, choice of expiry and βmoneynessβ of the Option, time decay considerations, margin requirements, profit expectations, exit criteria, Greek analysis, its Profit and Loss profile and various other considerations. We provide a 360-degree analysis before trade entry. This is a real trade and over 15 days, and we navigate the trade to its exit point.
SECTION IX β BUYING A PUT OPTION (FXE EURO ETF)Β
Buying a Put Option serves two purposes β exploit a bearish move in the stock or be the ultimate protector of your stock. In this part of the course, we take the example of the Euro ETF (FXE) and show how the trade played out in about 25 days time. We analyze the rationale behind entering the trade, the risk/reward profile, chart analysis and point of entry, choice of expiry and βmoneynessβ of the Option, time decay considerations, margin requirements, profit expectations, exit criteria, Greek analysis, its Profit and Loss profile and various other considerations. We provide a 360-degree analysis before trade entry. We show you how to βlet your winners runβ in a controlled manner.
SECTION X β STRATEGY AND OPTIMIZATIONΒ Β
The Option strategy optimization course brings all the 4 Options strategies together. The 4 strategies are comprised of 2 bullish and 2 bearish strategies, but how and when should we choose a particular strategy over the other. We create a helpful β4 strategies boxβ to distinguish and connect one strategy to the other. Most importantly, what are all the considerations before we choose a strategy. Our choice of strategy depends not only on what the stock is currently doing, but also on various market externalities as well as a few key Option metrics like Implied Volatility. This course also provides a sneak peek into advanced Option topics like the VIX (Fear indexβ), trade simulation as well as trade adjustment parameters.
SECTION XII β SINGLE OPTION ADJUSTMENTSΒ Β
This options trading strategies course studies the need for Option adjustments, and why adjustments are as critical to the success of your position as good entry or analysis. We consider all the four basic strategies β the Long Call, Short Call, Long Put, and the Short Put and look at various adjustments to these positions if they get into trouble.
Every investor has a βpain pointβ β this is the point at which they adjust their position. Applying a rigorous approach to this pain point enables investors to control risk while maximizing the opportunity to profit. The course also discusses various details like early adjustments, over-adjusting and adjusting profitable trades as well as the importance of the investorβs outlook for the stock when considering adjustments.
This bundle consists ofΒ CoursesΒ Β
- Course I β Introduction to Options β Learn about Call Options and Put Options is a detailed step-by-step explanation of Options, Call Options and Put Options with theory and practical application with Apple (AAPL) Options
- Course II β Options Foundation β Time Decay, Implied Volatility and Options Greeks will complete your theoretical understanding of Options.
- Course III is Options strategies for Beginners β Buying Call Options and Put Options where we actually put live trades and manage them to their exit points.
What Youβll Learn In Options Trading Basics?
- Master the basic nuts and bolts of Options trading
- Understand the theory and mathematics behind Options
- What are the factors that affect Options pricing
- How are Options different than Stocks
- How you can use Options even if you invest in Stocks and create superior Combo strategies
- Anyone interested in learning about Options trading
- LIve trades using Thinkorswim platform
- Art of adjusting Single Options strategies
Who is Options Trading Basics for?
- Anyone interested in learning about Options trading
- A bundle deal that covers all the basics of Options for beginners
Hari Swaminathan Options Trading Basics Index:
Β Β Β Β π Lecture 1 History of Options and the Mathematics of Options.mp4 (50.96 MB)
π Lecture 10 Option Sellers risk profile.mp4 (27.12 MB)
π Lecture 11 Put Options Primer.mp4 (23.67 MB)
π Lecture 12 Definition and Characteristics of Put Options.mp4 (29.05 MB)
π Lecture 13 A real-world example of Put Options – Buying Insurance.mp4 (46.83 MB)
π Lecture 14 Risks and Rewards in Put Options.mp4 (13.13 MB)
π Lecture 15 Put Options quotes and screens on a Trading platform.mp4 (45.30 MB)
π Lecture 16 Risk Graphs for Put Options buyers.mp4 (51.27 MB)
π Lecture 17 Risk graphs for Put Option sellers.mp4 (30.36 MB)
π Lecture 18 Using Put Options spreads to limit risk.mp4 (37.97 MB)
π Lecture 19 The four strategies BOX – Call and Put Options.mp4 (17.45 MB)
π Lecture 2 Stocks, Options, Definitions of Options and a Call Option.mp4 (47.47 MB)
π Lecture 20 Using Options to buy Stock at much lower prices than what its currently trading for.mp4 (42.28 MB)
π Lecture 21 Using Options to sell Stock at much higher prices than what its currently trading for.mp4 (30.08 MB)
π Lecture 22 Using Options to hedge Stock that you already own.mp4 (47.09 MB)
π Lecture 23 CONCLUSION OF INTRODUCTION TO OPTIONS SECTION.mp4 (5.72 MB)
π Lecture 24 Explaining Time Decay in real-world examples of Real estate and Insurance.mp4 (54.95 MB)
π Lecture 25 Time Decay analysis (I) using Apple (AAPL) Options on the Thinkorswim platform.mp4 (88.02 MB)
π Lecture 26 Time Decay analysis (II) using Apple (AAPL) Options on the Thinkorswim platform.mp4 (61.25 MB)
π Lecture 27 Explaining Implied Volatility in real-world examples of Real estate.mp4 (36.56 MB)
π Lecture 28 Implied Volatility computation – How is Implied Volatility reflected in Option Prices.mp4 (23.27 MB)
π Lecture 29 Implied Volatility in action – CAT and NFLX Options. BuyerΒ Seller implications.mp4 (20.74 MB)
π Lecture 3 Understanding Call Options through a Real estate example.mp4 (39.64 MB)
π Lecture 30 Option Greeks primer.mp4 (25.24 MB)
π Lecture 31 Option delta (The king of Greeks).mp4 (66.44 MB)
π Lecture 32 Option Gamma.mp4 (67.18 MB)
π Lecture 33 Option Vega.mp4 (46.08 MB)
π Lecture 34 Option Theta.mp4 (53.57 MB)
π Lecture 35 Order types, Transaction costs, market Makers role etc.mp4 (22.84 MB)
π Lecture 36 Bid-Ask spread, Expiry series, Exercise and assignment, Volume and Open Interest.mp4 (66.94 MB)
π Lecture 37 CONCLUSION OF OPTIONS FOUNDATION PART OF BUNDLE.mp4 (9.05 MB)
π Lecture 38 Correct criteria for a Long Option trade (Calls or Puts).mp4 (60.78 MB)
π Lecture 39 Live Long Call trade on Chipotle Mexican Grill (CMG).mp4 (32.37 MB)
π Lecture 4 What are In-The-Money (ITM), At-The-Money (ATM) and Out-of-The-Money (OTM) Options.mp4 (44.22 MB)
π Lecture 40 Long Put trade idea and entry on FXE.mp4 (60.04 MB)
π Lecture 41 Trade Management using sophisticated Conditional Orders.mp4 (56.69 MB)
π Lecture 42 Trade Management on Long Put FXE (Milk your winners).mp4 (34.73 MB)
π Lecture 43 Pitfalls of Short Calls and Short Puts.mp4 (54.98 MB)
π Lecture 44 Four Strategy choices – 2 Bullish and 2 Bearish.mp4 (94.73 MB)
π Lecture 45 Strategy Case study – S&P 500 Index and GOOG, AAPL and PCLN.mp4 (39.44 MB)
π Lecture 46 Strategy case study – Linkedin Trade idea.mp4 (35.27 MB)
π Lecture 47 Strategy Case study – CAT Trade idea.mp4 (47.04 MB)
π Lecture 48 Philosophy of Adjustments.mp4 (45.09 MB)
π Lecture 49 Adjustments for Long Call positions.mp4 (54.08 MB)
π Lecture 5 Buyer and Seller risk profiles, Risk Graphs, Seller advantages.mp4 (29.92 MB)
π Lecture 50 Adjustments for Short Calls, Long Puts and Short Put positions.mp4 (55.87 MB)
π Lecture 51 CONCLUSION OF BUYING CALL AND PUT OPTIONS.mp4 (6.83 MB)
π Lecture 6 Option screens, option chains, Expiry series and Call Option layout.mp4 (63.27 MB)
π Lecture 7 Choice of expiry series and ITM, ATM and OTM Options when looking at AAPL Options.mp4 (41.51 MB)
π Lecture 8 Call Option performance in real-time and on the day of expiry.mp4 (35.39 MB)
π Lecture 9 Risk Graphs of ITM, ATM and OTM Options.mp4 (57.43 MB)
π¬ Feel free to REACH OUT to our CHATΒ support for personalized assistance and detailed information tailored to your needs.Β Weβre here to help!
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