IN THIS COURSE, YOU WILL LEARN ABOUT...

  • Stocks vs. Options

    Understand how buying and selling options is different than buying and selling stock. Plus, discover how probabilities and cost can give you an edge with options.

  • Market Metrics

    Do you know what Liquidity, Implied Volatility, Probability of Profit, and Extrinsic Value mean? You will! These parameters help us pick the ideal trading strategy.

  • Strategy & Management

    Get an intro to common options trading strategies, ideal market conditions for each, and how to set them up. We'll also show you what to look for when managing multiple trades.

COURSE CURRICULUM

    1. 1.1 Options Vs. Stock

    2. 1.2 Options 101: Understanding Call Options

    3. 1.3 Options 101: Understanding Put Options

    4. 1.4 Intrinsic & Extrinsic Value

    5. 1.5 Buying vs. Selling Options

    6. QUIZ: Buying vs Selling

    7. QUIZ: Calls vs Puts

    8. QUIZ: Stocks

    1. 2.1 Expiration & Strike Price

    2. 2.2 Bid-Ask Spread

    3. 2.3 Volume & Open Interest

    4. 2.4 Intro to Probability of Profit (POP)

    5. 2.5 Intro to Implied Volatility

    6. 2.6 Intro to Implied Volatility Rank & Percentile

    7. 2.7 Intro to Notional Value & Buying Power Reduction

    8. QUIZ: Option Basics

    9. QUIZ: ITM/OTM, Probability of Profit, and Volatility

    1. 3.1 Naked Put Options

    2. 3.2 Naked Call Options

    3. 3.3 Covered Call

    4. 3.4 Vertical Debit Spread

    5. 3.5 Vertical Credit Spread

    6. QUIZ: Naked Options

    7. QUIZ: Vertical Spreads

    1. 4.1 Strangle

    2. 4.2 Iron Condor

    3. 4.3 Straddle

    4. 4.4 Iron Fly

    5. QUIZ: Beginner Option Strategies

    1. 5.1 Delta

    2. 5.2 Theta

    3. 5.3 Vega

    4. QUIZ: Intro to the Greeks - Delta

    5. QUIZ: Intro to the Greeks - Theta

    6. QUIZ: Intro to the Greeks - Vega

    1. 6.1 Opening a Trade

    2. 6.2 Closing a Trade

    3. 6.3 Assignment and Rolling a Trade

    4. QUIZ: Trade Management
  • Free
  • 40 lessons

INSTRUCTOR

Mike Butler

Mike Butler is part of the exceptional customer support team at tastylive, and contributes to paid advertising, data intelligence and content creation on the marketing team. You can find him on the show co-hosting Options Trading Concepts LIVE, where he is joined by Nick Battista and Katie McGarrigle to tackle live YouTube chat questions in real time. He gained popularity on the network from his beginner series, Mike and his Whiteboard.