Advanced Options Trading in plain English

Learn advanced Options Trading concepts and techniques in clear and simple terms

Created by: Options in plain English
Options Expert

What Will I Learn?

• Understand the importance of an options trading plan and how options expiration impacts it
• Review the impact of the exercise and assignment processes in options trading
• Determine how pin risk and dividend risk can have an impact on your options strategies
• Use the Delta-Gamma approximation formula
• Apply the quick formulas for at-the-money straddles and 20-delta strangles
• Analyze the differences in distribution between an option's intrinsic and extrinsic values
• Understand the principles behind the Black-Scholes option pricing model
• Assess the impact of volatility skew and term structure in options strategies
• Understand put-call parity and its applications such as synthetic positions, box spreads and the impact of hard-to-borrow status on option pricing
• Apply put-call parity to positions such as covered calls, condors, butterflies and vertical spreads
• Analyze second and third order greeks and how they react to changes in underlying price, volatility and time to expiration
• Review premium-selling strategies by implied volatility level and directional outlook
• Learn how to trade the VIX using VIX Futures, VIX ETFs and ETNs and VIX Options
• Learn to adjust and roll options positions
• Understand how to manage an Options Portfolio and all its components to maximize profits and minimize risks

Requirements

• There is no financial, mathematical or trading-related requirement to take this course and become the best Option Trader you can be
• Some of the concepts might be better understood after finishing the "Options Trading in plain English for beginners" course here on Udemy

Target audience

• Anyone wanting to take control of their personal finances using advanced options strategies to achieve it
• Beginners in the Options Markets wanting to improve their options trading skills
• Anyone familiar with Financial Markets wanting to add advanced techniques in Options Trading to their portfolio
• Active market participants wanting to complement their financial activities with advanced Option Trading
• Option traders wanting to expand their knowledge about advanced Options Strategies and add new ones to their Portfolio
• Students of Finance, Business or similar programs wishing to complement their academic and theoretical knowledge with practical Option strategies traded in the market