$299.00 USD

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Basic Options Understanding Coaching

We are going to dive into the world of options trading with you and I am very happy for you to be a part of this journey.

Even if you don't know anything about options trading, I will be explaining the most important options trading concepts to you using lots of examples and visualizations so that you can understand and actually see how options work in the real world.

By the end of these sessions, my expectation is that you will completely understand options and how to trade them in multiple ways within your portfolio. So let's get buckled in and get started.

What you'll get:

  1.   Basic Option Characteristics

    • Expiration
    • Strike Price
    • Contract Multiplier

    2.  Call Option

    • Basic Call Option Example (With a House)
    • AAPL Call Option Example
    • Do You Have to Exercise an Option to Make a Profit?
    • What We've Learned About Call Options
    • Losing Money Buying Calls
    • SPY Call Option Example

    3.  Put Option Introduction

    • IWM Put Option Example
    • Losing Money Buying Puts
    • NVDA Put Option Example
    • Buying Puts vs. Shorting Stock

    4.  Option Price Components

    • Intrinsic & Extrinsic Value
    • Extrinsic/Time Value Explained
    • Extrinsic Value Comparison Using AAPL Options
    • In-the-Money (ITM), Out-of-the-Money (OTM), At-the-Money (ATM)

    5.  Introduction to Shorting Options

    • IWM Short Call Option Example
    • NFLX Short Call Example (Big Loss)
    • Short Call Breakeven Price Explanation + Illustration

    6.  Shorting Put Options Introduction

    • ATVI Short Put Example
    • Thoughts on Holding Short Options Through Expiration

    7.  Implied Volatility Introduction

    • Visualizing a Change in Implied Volatility

    8.  More on Exercise & Assignment

    • Expiration and Automatic Exercise/Assignment
    • Why Options Are Rarely Exercised Before Expiration (Quick Example)

    9.  Which Options to Trade?

    • Consider Liquidity (Volume/Open Interest)
    • Example Stocks/Products With Great Option Markets

    10.  TD Ameritrade Trading Platform Demonstration

    • Buying & Shorting Calls/Puts
    • Analyzing Volume/Open Interest
    • Trade Execution Best Practices
    • Bid/Ask Spread
    • Using Limit Orders

You will receive one on one instructions from me, Al Losada and will help guide you on becoming a proficient and profitable options trader.