Advanced Options Trading
Move beyond puts and calls and start leveraging spreads and combination trades to start trading options to their full potential
Take the next step in your options trading abilities by building on your knowledge of basic options trades. Learn how to manage payoffs, probabilities, and risk just like the best options traders. This course includes extensive, real-life examples of how to plan and implement advanced options trades.
What will I learn?
- Discover trading opportunities through evaluating liquidity, market climate and directional trends
- Plan and implement spreads, strangles, straddles, risk-reversal combinations, vertical calls, call backspreads, and protective collar combinations
- Leverage probabilities through the lens of time decay and Delta
- Construct trading hypothesis based on trends to determine which strategy is best to maximize opportunity and increase returns
- Apply technical, fundamental, and sentiment analysis to your options trading
- You will also receive a free month of Lucas Downey's Mapsignals service.
This course is for: intermediate to advanced options traders who already have a sound understanding of puts, calls, and basic options strategies.
Certificate of Enrollment
Receive an Investopedia Academy Certificate of Enrollment with this course
Course Curriculum
Introduction to Options Strategies
- Introduction to Options Strategies
- Review of Spreads and Combinations
- About Spreads
- Review of Debit and Credit Spreads
- Probability: Time Decay & Delta
- Review of Probability
- How Options are Used in the Industry
- Institutional Options Knowledge Check
- Self-Reflection
How to Improve Your Edge in Options Trading
- How to Improve Your Edge in Options Trading
- Types of Analysis to Use Towards Options Trading
- Continuation on Types of Analysis to Use Towards Options Trading
- IAI and VIX
Finding Opportunities in Options Trading
- Finding Opportunities in Options Trading
- Liquidity
- Climate of Options
- Climate: What to Identify
- Directional Market Trends
Vertical Call Debit Spread (Bullish)
- Theoretics of Vertical Call Bullish Debit Spread
- Application of Vertical Call Bullish Debit Spread (Examples)
- Vertical Bullish Call Spread Follow Along Workbook Exercise
- Chart Tips
- Vertical Call Bullish Debit Spread Flashcards
- Vertical Bullish Call Spread Your Turn Workbook Exercise
- Self-Reflection Guide
Vertical Call Credit Spread (Bearish)
- Theoretics of Vertical Call Bearish Credit Spread
- Application of Vertical Call Bearish Credit Spread (Examples)
- Vertical Bearish Call Spread Follow Along Workbook Exercise
- Chart Tips
- Vertical Call Bearish Credit Spread Flashcards
- Vertical Bearish Call Spread Your Turn Workbook Exercise
- Self-Reflection Guide
Risk Reversal Combination
- Theoretics of Risk Reversal
- Application of Risk Reversal (Examples)
- Risk Reversal Follow Along Workbook Exercise
- Chart Tips
- Risk Reversal Combination Flashcards
- Risk Reversal Your Turn Workbook Exercise
- Self-Reflection Guide
Long Straddle Combination
- Theoretics of Long Straddle
- Application of Long Straddle (Examples)
- Chart Tips
- Long Straddle Combination Flashcards
- Long Straddle Follow Along Workbook Exercise
- Long Straddle Your Turn Workbook Exercise
- Self-Reflection Guide
Long Strangle Combination
- Theoretics of Long Strangle
- Application of Long Strangle (Examples)
- Chart Tips
- Long Strangle Combination Flashcards
- Long Strangle Follow Along Workbook Exercise
- Long Strangle Your Turn Workbook Exercise
- Self-Reflection Guide
Call Backspread
- Theoretics of Call Backspread
- Application of Call Backspread (Examples)
- Chart Tips
- Call Backspread Flashcards
- Call Backspread Follow Along Workbook Exercise
- Call Backspread Your Turn Workbook Exercise
- Self-Reflection Guide
Protective Collar Combination
- Theoretics of Protective Collar
- Application of Protective Collar (Examples)
- Chart Tips
- Call Backspread Flashcards
- Protective Collar Follow Along Workbook Exercise
- Protective Collar Your Turn Workbook Exercise
- Self-Reflection Guide
About the Instructor
Lucas Downey
Lucas Downey
Co-Founder of Mapsignals.com
Luke served as Head of ETF Sales at Cantor Fitzgerald. While in this seat, he began to notice the importance that institutional trading activity had on the movements and direction of stocks. He spent years observing these activities and in his free time, with a partner, began designing quantitative models to look for unusual trading activity. He later moved to Jefferies, LLC as an SVP of Derivatives. There he published stock research based around the unusual activity signals he was developing. He later left Wall Street to work on this research full time at MAPsignals.com.