Introduction to Options

Price: $995   Register now

Recommended that you register at least two weeks in advance.

Course Features

  • Course date:06/13/2019
  • Course Duration: 1 Day
  • Level: Beginner
  • Prerequisites: None
  • Method: Live & Virtual
  • Venue: MicroTek
  • Time: 9:00 am – 5:00 pm
  • Dress Code: Business Casual

MECHANICS OF OPTIONS

This one-day intensive course covers all aspects of options contracts and the option markets.  Among the topics covered are a review of options terminology and pricing characteristics, how various factors impact the price behavior of options, and how options are used to change the risk / return characteristics of investments or a whole portfolio.

  • Characteristics of Option Contracts
    • Terms of option contracts – strike, time, price
    • Rights and obligations associated with Calls and Puts
    • European versus America style
      • Option Premiums
    • Intrinsic value
    • Time value

BASIC STRATEGIES

  • Long Option Positions
    • Long Call Trading
      • Short Term Outlook
      • Long Term Outlook
    • Long Put Trading
      • Short Term Outlook
      • Long Term Outlook
  • Short Option Positions
    • Short Call Trading
      • Short Term Outlook
      • Long Term Outlook
    • Short Put Trading
      • Short Term Outlook
      • Long Term Outlook

OPTION PRICING CHARACTERISTICS

  • Introduction to Option Pricing and Valuation
    • Price Related Greeks – Delta and Gamma
    • Time Decay – Theta
    • Impact of Interest Rates – Rho
    • Implied Volatility – Vega
    • Impact of Dividends

 

INTERMEDIATE OPTION TRADING STRATEGIES

  • Before a Trade
    • Price Target
    • Timing
    • Exit Plan
  • Basic Spread Trades
    • Covered Call
    • Protective Put
    • The Collar
    • Straddles and Strangles
    • Vertical Spreads
    • More complex spreads: ratio, reverse ratio (back spreads) and butterflies
    • Straddles and Strangles
    • Collars
  •  Intermediate Spread Trades
    • Ratio Spreads
    • Calendar Spreads

Instructor

  • Russell joined TABB Group in July 2018 after almost a decade at Cboe Global Markets where he finished his time there as the Director of Education at The Cboe Options Institute. His career before joining Cboe included positions at a variety of firms including Highland Capital Management, Caldwell & Orkin Investment Counsel, Balyasny Asset Management, …
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