Basic Option Strategies Trading Vertical Options

Part 2: Learn to Trade Verticals, Iron Condors and the Five Golden Rules of Option Trading

Last updated 2022-01-10 | 4.8

- Understand the basic fundamental elements of options trading
- Learn what vertical call and put options are and how to trade them correctly
- Learn how to effectively trade short call and put verticals

What you'll learn

Understand the basic fundamental elements of options trading
Learn what vertical call and put options are and how to trade them correctly
Learn how to effectively trade short call and put verticals
Understand how profits and losses work when selling call and put verticals
Learn how to effectively trade long call and put verticals
Understand how profits and losses work when buying call and put verticals
Learn how to use the five golden rules for trading verticals successfully
Learn basic iron condor strategies
Manage your own Financial Future
Trade basic option strategies profitably and with confidence

* Requirements

* Everyone is welcome
* Desire to learn
* A computer or tablet to watch the videos
* Pen and paper for taking notes
* Nothing else is needed
* everything you need to learn to how to trade options is included in the course

Description

*****Join our family of almost 8,000 happy Udemy students who have enrolled in this course*****

Investing Strategies and Options Trading:

  • Do you want to learn how to trade options effectively?

  • How to trade in the stock market without losing your shirt?

  • How to increase your profits while limiting your trading risk?


In this Udemy option course, you will learn:

All you need to know about the Call & Put Vertical option strategy (both short and long)

  • What they are and how to trade them correctly

  • How to effectively trade short call and short put verticals

  • How to effectively trade long call and short put verticals

  • How profits and losses work when selling call and put verticals

  • How to reduce your risks while maximizing your probability of profit

  • The Five Golden Rules for trading vertical options successfully

  • Iron condor option strategy

  • and so much more!


Options trading is made easy.  

This course is packed with practical, insightful and educational option material.  You will learn all about stock options, option investing strategies, call options, put options, buying options versus selling options and other option strategies for income.

Learning how to trade options has never been easier.  We cover successful option trading strategies, options basics, how to do options trading and how to trade options for income.

We use option trading examples and visual illustrations of practical options strategies, to help you better understand options trading and how to trade them correctly.

This is a foundation course designed for those interested in learning the basics of trading options effectively and for anyone hungry to learn how to trade options.

This course is also for TastyTrade folks.  If you are a Tastytrader struggling to get up to speed, all my courses are designed to get you up and running in the minimal amount of time.

This course will teach you how to Trade Options and Earn Consistent Returns in the Stock Market for the Rest of Your Life.  It will start where "Option Trading for Rookies: Understand Options Completely" left off and take you all the way to trading effective option strategies, such as Verticals and Iron Condors.  


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This is part of two of a 3-course option bundle: 

  1. Understand Options Completely

  2. Basic Option Strategies  

  3. Make & Manage Profitable Trades 

In these three courses I will teach you how to trade options and earn consistent returns in the stock market for the rest of your life.  

I will take you from absolute ground zero of stock option trading knowledge (i.e. "what is an option?") all the way to trading different option strategies in only a few courses.  

There is no frivolous information here.  Our goal is to get you up and trading right away, so everything you need to know is here and presented in a straightforward and easy to understand format.  All the information is laid out and explained thoroughly on slides, and then illustrated on live trading platforms to show you how to use it in reality.

Myths will be busted:

1) Trading is not as complicated as professionals would lead you to believe, in fact it’s pretty easy

2) Trading does not take a lot of time.  You can do it from work or home in less than 15 minutes a day 

3) Trading does not take years to learn, I am going to teach you in only a few courses

No Fundamental or Technical Analysis is used or needed.  This program is based on strategy.  And strategy can be applied to any stock at any time.

Please also visit us at SharperTrades .com and take one of our FREE Webinars/Courses on Options.


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I'm a firm believer that "Nobody Cares About Your Money More Than You Do."  I want to teach you how to manage your own money, so you don't have to pay exorbitant fees to Money Managers who get paid whether they make money for you or not.  

Young or old, everyone can learn to trade.  All you need is the calculator on your phone and you have all the tools necessary to take this course and learn a skill that can make you money for the rest of your life!

This course is for all levels: beginners, intermediate and advanced traders! All you need is an open mind and a passion to be successful!

Enroll in this course now and start trading options successfully!


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All our Sharper Trades courses come with:

  • 30 day money-back-in-full guarantee

  • Unlimited lifetime access at no extra costs

  • All future additional lectures, bonuses, etc in this course are always free

  • Our Sharper Trades team is always available to answer any question you might have regarding this course. Answers are given in less than 24 hours!

  • Your trading success is our goal!

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Over 100,000 students have already joined Sharper Trades courses. Join a large community of successful traders.

Click "Take This Course" and Start Trading Successfully TODAY!

Who this course is for:

  • Anyone interested in trading options
  • Anyone interested in investing using stock options
  • Anyone interested in learning how to effectively and successfully trade the market using option strategies
  • Anyone who wants to generate income trading vertical options
  • Anyone who want to refresh their option trading knowledge
  • Anyone who want to learn how to options really work
  • Tastytraders who are having a hard time get up to speed on understanding what is going on. This will get you up to speed quickly.

Course content

11 sections • 66 lectures

Course Introduction Preview 01:19

Risk Disclaimer Preview 00:17

Software Update Preview 01:19

You are Important Preview 01:29

Exercise: Introduce Yourself to the Class Preview 00:27

Basics of Option Trading Recap Preview 01:58

Nothing like a quick refresher before we get into the heavier stuff

Option Trading for Rookies: Understand Options Completely Preview 00:35

What is a Vertical? Preview 01:00

Defined here, explained soon

"Shorting" or Selling Call Verticals Preview 02:42

Call Verticals explained

Visual Illustration of Short Call Verticals Preview 01:24

Short Call Verticals explained on a Trade Page

Deeper Look into How Short Call Verticals Work Preview 03:29

Short Call Verticals Explained in depth

How Profits and Losses Work when Selling Verticals Preview 01:52

So did I make any money or not?

Selling Naked Call Options Compared to Selling Call Verticals Preview 02:41

Why Verticals are so much safer than Naked Options

"Shorting" or Selling Put Verticals Preview 02:16

We learned about Short Call Verticals, so here's the Put side of things

Visual Illustration of Short Put Verticals Preview 02:32

Short Put Verticals explained on a Trade Page

Selling Naked Puts Compared to Selling Put Verticals Preview 02:00

Why Verticals are so much safer than Naked Options

Let's Start Trading Preview 02:13

​Selling Verticals

"Long" or Buying Call Verticals Preview 02:46

We know how to Sell Verticals now, so let's look at Buying them too

Visual Illustration of Long Call Verticals Preview 01:08

Long Call Verticals explained on a Trade Page

Deeper Look into How Long Call Verticals Work Preview 04:20

Long Call Verticals Explained in depth

Buying Call Options Compared to Buying Call Verticals Preview 02:53

Spend less and have a better chance of Making Money?  Tell me more

"Long" or Buying Put Verticals Preview 01:41

And back to the Put side again

Visual Illustration of Buying Put Verticals Preview 02:02

Long Put Verticals explained on a Trade Page

Buying Puts Compared to Buying Put Verticals Preview 02:02

Spend less and have a better chance of Making Money?  Tell me more

Recap: Call Verticals and Put Verticals Preview 01:45

Let's look at all of our choices again and why we choose one over the other

​Buying Verticals

Table of Contents: Learning to Trade Verticals Preview 00:56

Table of Contents for what we're going to learn moving forward

Trading Rule #1: Time Preview 03:02

Trading Rule #1 of Vertical Trading

What is Volatility? Preview 03:15

How are Options actually priced?  We need to understand this in order to Trade

Trading Rule #2: Volatility Rank Preview 01:49

We are Volatility Based Traders, so we need to understand Volatility Rank in order to know how to trade

Trading Rule #3: Tastyworks, the Magical Trading Platform Preview 02:21

Tastyworks (formerly "Dough"), the magical trading platform

Trading Rule #4: How to Sell Call Verticals Preview 05:15

The parameters around Selling Verticals

Trading Rule #4: How NOT to Sell Call Verticals Preview 02:49

Discipline is the key.  We must follow our Trading Rules to make money.

Call Verticals: High vs Low Volatility and Our Trading Rules Preview 03:11

Rules are not meant to be broken in this case

Trading Rule #4: How to Sell Put Verticals Preview 02:30

The parameters around Selling Verticals

Trading Rule #4: How NOT to Sell Put Verticals Preview 01:44

Discipline is the key.  We must follow our Trading Rules to make money.

Put Verticals: High vs Low Volatility and Our Trading Rules Preview 02:32

Rules are not meant to be broken in this case

Trading Rules are Rules for a Reason Preview 02:13

Get too cute, and you lose your money

Golden Rules of Selling Verticals

What is an Iron Condor? Preview 03:21

You don't need to pick a direction just a range

Trading Rule#4: How to Sell Iron Condors Preview 05:19

Don't break the rules

Trading Rule#4: How NOT to Sell Iron Condors Preview 02:04

You broke the rules, see what happens

Trading Rule #5: Liquidity (The Most Important Rule of All) Preview 04:11

What is Liquidity?  Find out here

The Rules of Liquidity Preview 02:21

These are rules you need to live by

Complete Trading Rules List for Selling Verticals Preview 03:48

Cut this out and put it on your wall

Wrapping up Verticals

Let's Make a Real Trade: Selling Verticals Preview 06:36

Trading made simple

Let's Make a Real Trade: Iron Condors Preview 03:19

Trading made simple again

5 Trading Rules for Buying Verticals Preview 03:11

The 5 Golden Rules of Buying Verticals that will lead you to success in trading

Visual Illustration of Buying Call Verticals Preview 03:38

Long Call Verticals explained on a Trade Page

How Profits and Losses Work when Buying Verticals Preview 01:33

So did I make any money or not?

Buying Verticals is a Stock Replacement Strategy Preview 04:52

How to essentially "Buy Stock" for a small percentage of the purchase price

Adjusting Call Vertical Strike Prices to Fit our Rules Preview 03:01

Just because the Price is correct doesn't meet it fits our rules.  Here's how to make sure ti fits our rules.

Buying Calls Compared to Buying Call Verticals Preview 02:34

Spend less and have a better chance of Making Money?  Tell me more

Trading Rule #4: How to Buy Put Verticals Preview 02:31

The parameters around Buying Put Verticals

Adjusting Put Vertical Strike Prices to Fit our Rules Preview 03:05

Just because the Price is correct doesn't meet it fits our rules.  Here's how to make sure ti fits our rules.

Trading Rules Checklist for All Verticals Preview 03:41

Print it, Cut it out and Paste it on your wall next to your computer. 
These 5 Golden Trading Rules will lead you into becoming a successful and profitable trader

Reminder!! Preview 02:13

Golden Rules of Buying Verticals

Let's Make a Real Trade: Buying Call Verticals Preview 04:57

It really is this easy, and can be done this quickly.

Buying Verticals: Price isn't everything Preview 03:02

Know your Trading Rules and how to use them correctly

Let's Make a Real Trade: Buying Put Verticals Preview 03:15

It really is this easy, and can be done this quickly.

Trading Rules Checklist for All Verticals Preview 03:37

Print it, Cut it out and Paste it on your wall next to your computer.  These 5 Golden Trading Rules will lead you into becoming a successful and profitable trader

BONUS - Follow Up Courses Preview 02:37

A list of all my courses now available on Udemy

Conclusion Preview 01:02

You are officially ready to start trading!  However, I highly recommend our next course of Making and Managing your trades.  Even though you now have the correct mechanics of setting up the trade, there is also a correct way to Make Trades and Manage Trades for maximum profitability.  That is what you'll learn next!