The Option Pit Gold Level Course
Here is what’s included :
The Gold Course was designed by two previous floor traders, and created with each of their personal training and experience in mind. It has been set up in a format much like a college course. It is by far the most in depth course out there at a fraction of the cost of other programs.
The Gold Course is also taught by two educators who, most importantly, consider themselves traders first.
Topics Covered are:
1.The Pricing Model-The beginning level for the Gold Course reveals the Option Pricing model and the 5 factors and assumptions that make options move. This is the essential “Pre Greeks” level Pit Gold Level Course
2.Volatility-Understanding market volatility is a core principal at Option Pit. The major volatility factors and indicators that drive trading decisions are laid out in detail.
3.Greeks-The Greeks are a tool to help understand the movement of option prices and are essential to the basics of position management. We start by covering Delta, Gamma and Rho. The 2nd part of the Greeks course focuses on the Gamma/Theta relationship and Vega. These Greeks are applied to market conditions to help predict option movement and advanced trade structure.
4.Volatility Revisited-This is the first applied volatility workshop where students see how the market uses volatility, term structure and skew. Students will learn how to read different market conditions. Pit Gold Level Course
5.Directional Trading-Directional Trading is the fully applied knowledge of the Greeks and Volatility for best case trade selection to keep decisions on the right side of the market.
6.Condors-Learn volatility trading through the Condor strategy. The good, bad and ugly setups so students will understand the difference between a green light and a red light opportunity. Pit Gold Level Course
7.Butterflies-Learn volatility and direction trading through the Butterfly strategy. This is where you learn what makes a good option butterfly and a bad one.
8.Calendars-The next phase of trading volatility is combining the Greeks with the time component of the term structure in Calendar (Time Spread) trading. This brings all the expiration cycles into the band of opportunity.
9.Trading Volatility-Option Trading moves away from the distinction between calls and puts and looks at Option Volatility as a strategic asset. Students look at trading volatility and harness mean reversion for long and short gamma trades.
10.VIX-Understanding how the VIX works is a core competency at Option Pit. The VIX product, VIX futures and VIX ETN’s, structure and strategies are covered in the depth. Pit Gold Level Course
11.Expiration trading and Owning Premium-This is the advanced volatility teaching session that takes option trading to the next level of understanding. Learn to manage a position by focusing just on the Greeks.
12.Portfolio Management-Learn to manage an option portfolio (your “Book”) by combining the Greek risk and capital allocation in the most efficient manner to maintain and keep a “balanced” book.
Sale page: The Option Pit Gold Level Course