Option Trading For Rookies The Complete Guide To Options

Tags: Options Trading

Learn basic and advanced option trading strategies in one course, including covered calls, naked puts & iron condors

Last updated 2022-01-10 | 4.7

- Comprehensive course on Stock Options
- Soup to nuts of Trading Options
- Finally understand Options

What you'll learn

Comprehensive course on Stock Options

Soup to nuts of Trading Options

Finally understand Options

* Requirements

* The only prerequisite for this course is the desire to learn to trade options

Description

*****Join our family of almost 14,000 happy Udemy students who have enrolled in this course*****

Investing Strategies and Option Trading:

Do you want to Learn how to Trade Options effectively?
How to Trade in the stock market without losing your shirt... or blouse?
How to Increase your Profits while Limiting your Risk?

Verticals, Iron Condors, Naked Options etc. can all be very profitable option trading strategies when done correctly.

In this course I show you every thing you need to know to trade them correctly, things to avoid and the risks associated with trading various option strategies.

This Udemy option course will give you the roadmap to trade options efficiently, effectively and profitably.

In this Udemy option course, you will learn:

Calls & Puts
5 Characteristics of Options
Buying Options vs Selling Options
The Covered Call Option Strategy
Breakeven Price, Cost Basis, Probability of Profit
Defined Risk Strategies like Verticals and Iron Condors
Naked Option Strategies
Risks and rewards of selling naked options
How to reduce the risks of selling options while increasing your profits
How to pick your win percentage on every trade you make
Risk of assignment (and stocks to avoid when selling naked options)
How to use duration (or expiration) and direction (uptrend, downtrend, sideways)
and so much more!

Options trading is made easy.

This course is packed with practical, insightful and educational option material. These lessons are truly priceless.

It's easy to play with paper money or track certain trades and see how they perform, but nothing prepares you for trading real money except real trading. Watching your profits and losses move up and down on a daily basis is enough to put anyone on an emotional rollercoaster.

The only way to prepare yourself to handle the ups and down of trading is to have a solid plan going into it. This course will give you that! Learning how to trade options has never been easier.

This course will give you the step-by-step instruction:

Using Live Trading Platform examples
The Rules behind all types of strategies that increase your success rate

You will see exactly how to set up trades in reality, not just a slide of it.

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.

Our goal here is to give you the confidence you need to trade successfully, and the way to do that is thru knowledge and knowing how to do the right thing.

As long as you learn to trade options following the rules we lay out for you in our option courses, over time YOU WILL BE a successful trader.

We are going to teach you the "right way" to trade, so you can be a successful trader for the rest of your life.

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 the market 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 who wants to learn to manage their own money
Anyone who wants to increase their success rate in the stock market

Course content

8 sections • 76 lectures

Introduction 5 lectures

Introduction Preview 00:45

Risk Disclaimer Preview 00:17

Software Update Preview 01:19

Any slides that use "Dough" as the trading platform now uses "Tastyworks" as the trading platform. Same brokerage, same platform, only the name has changed.

You are Important Preview 01:29

Exercise: Introduce Yourself to the Class Preview 00:27

The Covered Call 12 lectures

Why You Must Learn Covered Calls Preview 03:22

Quick Intro on what we're going to learn and why we absolutely should take the time to learn it

Mutual Fund Managers are Destroying Your Retirement Account Preview 03:05

The scary reality of how Mutual Fund Managers are actually taking all your retirement money and leaving you with the scraps. This should scare you into taking control of your own retirement account.

"Lowering Cost Basis" Explained Preview 01:42

What does "Lowering Cost Basis" actually mean? It is explained here.

Option Basics Recap Preview 03:28

What does "Lowering Cost Basis" actually mean? It is explained here.

Using Our Rules to Setup a Covered Call Preview 02:57

Setting up a Covered Call on a Trading Platform and what exactly is going on when we do it.

Lowering Cost Basis with Stock Preview 02:07

What does Lower Cost Basis mean when we Buy Stock? Here is what a Covered Call looks like in reality and why we do it.

The Golden 3 Criteria Used to Create the Covered Call Preview 04:19

With all the different choices available to us, how do we know which Call to Sell? We use the Golden 3 Criteria.

The Golden 3 Criteria Explained Preview 02:35

Now that we know the Golden 3 Criteria, how do figure them out and use them? We break it all down for you here.

Visual Illustration of Covered Call - Part 1 Preview 01:58

We've seen the numbers, now let's take a look visually at what a Covered Call really is.

Visual Illustration of Covered Call - Part 2 Preview 04:21

We've seen the numbers, now let's take a look visually at what a Covered Call really is.

Covered Call Quiz

Options: Let's get on the same page Preview 00:10

Understand Options Completely 9 lectures

What is an Option? Preview 01:53

Options finally defined in a way where everyone can understand them.

You will learn how stock options work, how to use leverage, probability of profit, time to expiration, strike stock adjustment to your advantage and how to trade options effectively and profitably.

I will teach you the foundation for creating option strategies for consistent income, and option trading for a living.

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.

Option Basics No. 1 Preview 02:37

These are the five characteristics of options.

You will learn how stock options work, how to use leverage, probability of profit, time to expiration, strike stock adjustment to your advantage and how to trade options effectively and profitably.

I will teach you the foundation for creating option strategies for consistent income, and option trading for a living.

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.

Option Basics No. 2 Preview 00:57

These are the five characteristics of options.

You will learn how stock options work, how to use leverage, probability of profit, time to expiration, strike stock adjustment to your advantage and how to trade options effectively and profitably.

I will teach you the foundation for creating option strategies for consistent income, and option trading for a living.

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.

Option Basics No. 2 - Non-Standard Expirations Preview 01:55

While we prefer to use the "Standard" Monthly Option Expiration Cycle, it is important to be aware that there are other option expiration cycles as well. There are "Non-Standard" Option Expiration cycles that are called "Weekly" and "Quarterlys."

Option Basics No. 3 Preview 01:33

These are the five characteristics of options.

You will learn how stock options work, how to use leverage, probability of profit, time to expiration, strike stock adjustment to your advantage and how to trade options effectively and profitably.

I will teach you the foundation for creating option strategies for consistent income, and option trading for a living.

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.

Option Basics No. 4 Preview 01:54

These are the five characteristics of options.

You will learn how stock options work, how to use leverage, probability of profit, time to expiration, strike stock adjustment to your advantage and how to trade options effectively and profitably.

I will teach you the foundation for creating option strategies for consistent income, and option trading for a living.

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.

Option Basics No. 5 Preview 04:01

These are the five characteristics of options.

You will learn how stock options work, how to use leverage, probability of profit, time to expiration, strike stock adjustment to your advantage and how to trade options effectively and profitably.

I will teach you the foundation for creating option strategies for consistent income, and option trading for a living.

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.

Kinds of Options: Calls Preview 02:15

We explain what calls are and how they work.

You will learn how stock options work, how to use leverage, probability of profit, time to expiration, strike stock adjustment to your advantage and how to trade options effectively and profitably.

I will teach you the foundation for creating option strategies for consistent income, and option trading for a living.

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.

Kinds of Options: Puts Preview 01:29

We explain what puts are and how they work.

You will learn how stock options work, how to use leverage, probability of profit, time to expiration, strike stock adjustment to your advantage and how to trade options effectively and profitably.

I will teach you the foundation for creating option strategies for consistent income, and option trading for a living.

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.

Buying Options vs Selling Options 4 lectures

Call Options: Buying vs. Selling Preview 04:49

Time to learn how to Trade Options correctly and that means we are going to start Selling them instead of Buying them. What?!

Put Options: Buying vs. Selling Preview 03:06

In this lecture we discuss buying put options vs selling put options.

You will learn how stock options work, how to use leverage, probability of profit, time to expiration, strike stock adjustment to your advantage and how to trade options effectively and profitably.

I will teach you the foundation for creating option strategies for consistent income, and option trading for a living.

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.

Let's Start Trading Preview 02:13

Understanding Options Quiz

Selling Options for Monthly Income 11 lectures

What is a Short Put? Preview 01:42

Short Puts Visual Illustration Preview 05:36

Visual illustration of how a "Short" Put actually works

When do I use Short Puts? Preview 02:21

The thinking behind the "Short" or "Naked" Put Strategy

Caution: The Risk of Assignment Preview 03:06

What is the risk associated with Selling Options? It is explained right here.

Danger: Selling Puts on High Priced Stocks Preview 02:48

You need to be aware of what you are responsible for when Selling Puts. Huge Rewards make look enticing, but what are my risks if things don't go my way?

Trading Checklist: Selling Puts Preview 01:15

Here is a complete list of our Trading Rules to abide by when Selling Puts

Trading Rule#1 - Duration over Direction Preview 01:32

This is Trading Rule #3 from the Option Trading for Rookies course, "Make & Manage Profitable Trades." If you plan on trading consistently, this course is a must moving forward as it is the key to success in trading.

Trading Rule#2: Volatility (Explained & illustrated) Preview 04:11

If you are not familiar with the "5 Golden Rules" of Trading Verticals/Iron Condors already, I highly recommend taking the "Option Trading for Rookies: Basic Option Strategies" course as it will break them all down for you since they also apply to Selling Options as well.

Trading Checklist: Trading Platform Illustration Preview 08:18

Let's take our Trading Checklist and see it used on a real trading platform to further illustrate how the rules work and how to apply them in reality.