Description
MasterTrader – Master Trader Option Strategies
Below are the 10 Modules for this Option Strategies Series, which have been artfully created to take you on an educational Journey to Option Trading Mastery!
I. Foundation of Options Trading and Markets
Introduction to Options
Call and Put Options and When Used
Understanding Option Terminology and Quote Screen
Using Technical Analysis With Option Trading
III. Mastering Covered Calls for Monthly Income and Boosting Returns
Covered Calls Defined and Risk Graph
Buying Covered Calls as Mildly Bullish Directional Trade
Selling Calls Against Holdings for Income
Selling Calls Against Holdings to Reduce Cost Basis
Selecting Optimal Strike and Expiration
Buying Covered Puts as Mildly Bearish Directional Trade
V. Option Strategies for Bearish Directional Trades
Buying Puts as Bearish Directional Trade
Selecting Optimal Strike and Expiration
Bear Put Spreads as Mildly Bearish Directional Trade
Bear Diagonals as Bearish Longer Term Directional Trade
Management Strategies
VII. Option Strategies in Sideways Markets and Explosive Moves
Short Straddles and Strangles
Long Straddles and Strangles
Short Iron Condors for Range Bound Markets
Iron Butterflies
Numerous Examples, Plus Management Strategies
IX. Trade/Money Management and Adjustment Strategies
Money Management
Adding or Adjusting Positions as Bias Changes
Legging Into Iron Condors
Defensive and Offensive Rolling Techniques
Rolling Option Strikes Up/Down as Bias Changes
Rolling Option Expiration Up/Down as Bias Changes
Repair Strategies
II. Basics of Time Decay, Volatility, and Timing for Option Traders
Options Pricing and the “Greeks”
How Theta (Time Decay) Provides Edge to Option Sellers
VIX (“Fear Index”), High IVR, and Timing for Option Sellers
Normal Distribution and Probability of Profit
IV. Option Strategies for Bullish Directional Trades
Buying Calls as Bullish Directional Trade
Selecting Optimal Strike and Expiration
Buying Bull Call Spreads as Mildly Bullish Directional Trade
Buying Bull Diagonals as Bullish Longer Term Directional Trade
VI. Selling Options for Income Generation and Paycheck
Selling Naked Puts
Selecting Strike Price/Expiry
Selling Bull Put Spreads
Selling Naked Calls
Selling Bear Call Spreads
Numerous Examples, Plus Management Strategies
VIII. Trading Options on Gaps and News Stocks
Trading News
Trading Gaps
Pro Gaps
Novice Gaps
High IVR Patterns
X. Psychology, Trading Plan, Miscellaneous, and Bringing it All Together!
Discipline/Psychology
Trading Plan
Miscellaneous Topics
Review of Strategies in 4 Stages
Test Your Knowledge
Concluding Thoughts and Next Steps!
