Whether you are a completely new trader or an experienced trader, you'll still need to master the basics. The goal of this section is to help lay the groundwork for your education with some simple, yet important lessons surrounding options.
The business of trading full-time or professionally only requires 2 things; being consistent and persistent. In this bonus section we'll show you what it takes to make options trading an income machine. This is how you learn make money trading in any market. When companies announce earnings each quarter we get a one-time volatility crush.
And while most traders try to profit from a big move in either direction, you'll learn why selling options short-term is the best way to go. Detailed look at some of our best trades broken down by date, time, price so you can follow along step by step and learn in the process. Everything from multiple iron condor adjustments to calendar rolls and earnings hedges. When I say "portfolio risk management" some people automatically assume you need a Masters from MIT to understand the concept and strategies - that is NOT the case.
But you do need to use simple checks and balances. Declining markets and higher IV gives traders like us an amazing opportunity to sell expensive options that decay in value. We'll cover our favorite strategies to profit even when stocks are falling like iron condors, strangles, etc.
A complete and full understanding of how options are priced and where we get our "edge" as options traders using IV percentile. This section includes mastering implied volatility and premium pricing for specific strategies.
What happens when a trade goes bad? We'll give you concrete examples of how you can hedge different options strategies. Well, you've found it here with Kirk and team. Actually, I need to amend that. Option Alpha promises big things and then delivers. Great site and video content. I just wish I could get back all those wasted hours trying to do this myself before I found you guys. I stumbled onto the Option Alpha website earlier at work and came home dove right in.
The training is incredible and easy to follow for someone like me. Thank god I found you!More...