Beginners Boot CampAre you ready to begin trading options? Are you not sure where to start and how to learn about Options…this course is for you. The Option Pit Beginner Bootcamp will help traders learn the ins and outs of option trading. Traders will learn fundamentals, ways to use options in their trading immediately, as well as some basics of spreading including credit and debit spread trading.
- Understand the Basics of option pricing
- Master buying and selling decision making
- Sell option premium effecitvely
- Use options to generate income effecitvely
- Trade credit and debit spreads for profits
- Use options to trade for direction
- Manage risk effectively
Introduction to VIX Futures and Options
- How VIX is calculated
- The structure of VIX futures
- Why the VIX options trade the way they do
- How VIX futures trade intra and inter month
- Smart ways to money trading VXX, UVXY, SVXY and XIV
- Tips our traders use all the time to trade VIX
The Option Pit Vol PrimerVolatility is the number 1 contributor to the success of an option trade. It is also the most likely downfall of the average trader. If your goal is to become a professional this course is the first strong step a trader can take toward becoming successful at trading options. Traders will learn how to apply volatility to all aspects of trading from directional trading to non directional trading. This is a powerful volatility course that all traders should view. Understand Volatility and the Greeks Learn advanced techniques to trade vol around earnings Use volatility to trade for direction Take advantage of volatility to produce more income Ride volatility cycles like a pro surfer Trade the volatility ETN’s using volatility Manage risk with volatility like a professional trader Become an expert vol trader through this course Level: Beginner, plus[/text_block]
Creating Income Using Option SpreadsDo you want to be an ‘income’ option trader? Many traders do not realize how difficult it can be to produce income using options. In this 3+ hour primer Mark Sebastian Founder of Option Pit and Andrew Giovinazzi C.O.O. of Option Pit cover all of the pieces of producing income traders need to use. Learn why professionals can make A LOT of money selling premium and you can’t. Understand the steps you need to take to produce consistent income with options. Understanding the major volatility cycles of a stock Powererfully intigrate volatility and stock charts Proven Methods to find income option trades Trading of options at market bottoms and tops Mastery of option spreads that produce income Important risk management techniques only professionals know This course is a can’t miss for those that want to sell option premium Level: Beginner-Intermediate[/text_block]
Mastering Iron Condors & ButterfliesAn incredibly powerful course covering condors and butterflies. Learn to master trading non directional condors and butterflies. In addition Mark and his team cover using butterflies for directional trading. When the trader is done viewing the course he or she will have actionable ideas to use right away. In addition the trader will capture risk management and adjustment skills that only professionals use. The major topics of this 4 hour course are: Execute Iron Butterflies with precision Trade Condors with Confidence Create trades using weekly and monthly options Manage and Adjust Iron Condors when they get into trouble Adjust and Manage Iron Butterflies Manage risk associated with these spreads like a professional trader When traders are done viewing this course they will be ready to trade condors and butterflies Level: Intermediate[/text_block]
The Option Pit VIX PrimerIf you want to learn to trade VIX and VIX etp’s its best to learn from the best in the world. Look know further than this course. The Option Pit team is the best group of VIX traders that are willing to talk about the subject. If you want to learn about UVXY, VXX, VIX options and Futures, and of course the VIX cash itself, this course is a can’t miss. No other place can provide the pieces of the VIX puzzle…and put it together like the traders at Option Pit. Traders will learn: The major VIX cycles and zones How to trade VIX options for income How to take advantage of weakness and strengths of VIX ETNS The not so secret secrets to buying and selling XIV and VXX Safe trading of UVXY and VXX that know other company in the world understands The approaches only a professional VIX trader can apply to trading VIX. When traders finish this course they will understand how Option Pit traders make money trading these products habitually Level: Intermediate[/text_block]
Butterfly IntensiveNot only does this course cover how to sell iron flies, but how to buy them as well. It covers when to buy and when to sell butterflies. In addition it covers advanced butterflies like broken wing flies and split strike flies. This course is an expansion on trading butterflies and condors. It builds on the lessons taught about butterflies in the previous course. Trade butterlies and iron flies for income Learn to trade broken wing butterflies Trade flies for direcitonal purposes Use butterflies that allow you to take advantage of wild movement Get tricks only the pro’s know Adjust trades like a professional This course will leave traders with the confidence to execute flies like a full time trader Level: Intermediate-Advanced[/text_block]
Professional Approaches to Directional Option TradingThis course is the next step up on the directional trading primer. It covers everything advance traders need to know in order to trade options for direction. Trade direction-ally more effectively and like a professional option trader. Understand the cycles of volatility Powerfully intigrate charts and directional trading Trade covered calls and cash secured puts Pick tops and bottoms more effectively Execute swing and day trades Professional risk managment approaches for a portfolio This course will leave traders with the confidence to execute directional trades like a full time trader
Option Pit Master Class: Income TradingThe Option Pit Master Class on Income Trading, will teach beginners how to think like a pro and those that are actively trading options for income how to trade like a professional. This course will start with credit and debit spreads and move all the way through front spread and back spreads. This is a must for those that want to or see themselves as professionals. Sell calls and puts Set debits and credit spreads up like a pro learn to trade calendar and double calendar spreads Trade butterflies and condors in a professional manner Advanced income spreads pro traders know and many retail trader do not know When NOT to adjust Professional risk managment approaches for a portfolio This course will leave traders with the confidence to execute income trades like a full time trader Level: Beginner to Advanced[/text_block]
Options for Gold, Oil, and Other CommoditiesThis Course will give traders actionable tools to trade Gold, Oil, and other commodities. Many traders are astounded to learn that there are ways to trade options on these contracts to produce consistent income WITHOUT risking catastrophic loss on market moves. In this 3+ hour primer Mark Sebastian Founder of Option Pit and Keith Harwood CTA teach traders to:
- Master the ins and outs of each asset
- Execute the right trade in these names given the situation
- Create trades using weekly and monthly options
- Manage and Adjust trades in these names
- Adjust and Manage Iron Butterflies
- Manage risk associated with these contracts like a professional trader
Mastering Long Gamma TradingThis course uses the concept of realized volatility to help successfully set up long option positions. Basic skills like quantifying risk, buy ranges for IV and position management are all covered. Long option directional trading has the theoretical underpinnings to create great risk reward scenarios.
Options for Stock TradersThis course uses realized volatility to help define option strategies and control risk. It will teach traders to use the natural leverage of options with Vega, Delta and time to generate better returns for the same risk dollar.
Trading Debit and Credit SpreadsThis course uses the Option Pit Method of Risk Management, Efficient Use of Capital and Trade Structure to properly set up simple spreads and single options.
VIX Made EasyOption Pit is introducing a new series of webinars to make option trading easier for beginning traders. We will tackle the VIX first. -VIX intro is our webinar to uncover the secrets of the VIX and discover the basics behind its movement. -VIX futures will teach basic VIX pricing around the VIX futures and interpreting market conditions using the VIX future curve. -VIX options describes the basic functions of the unique VIX calendar and skew to help with proper trade set up based on the edge in options at any point in time -VIX positions helps with basic option trading strategy for puts and calls, call spreads and call butterflies singular to VIX -VIX trading will put all the theory into action to trade VIX options in various conditions using the optimal trade strategies we outline in the course This is a five hour course and a great place to begin your option trading journey. Level: Beginner[/text_block]
Options Made Easy
Course 1 Making Decisions: Why Do You Buy?
- why buying options is the least risky with the most potential profits
- when to buy and when not to buy
- learn to trade options and not the stock
Course 2 Making Decisions: Why Do You Sell?
- what are the reasons for selling options in the first place?
- how to price your “opinion” on a stock
- what makes a great option sale?
- a word about risk
Course 3 Spreads
- why use a spread?
- understanding spreads and volatility
- long and short spreads and making money
- why use a complex spread?
Course 4 Position Development
- when the market tells you what to do
- riding the realized volatility into a position
- learn to identify what is needed for a position to make money
Course 5 Position Development and Management
- now that you have that position on, what to do with it
- how to manage your position with stock movement and lack of movement
- adjusting your position for changes in the Greeks
Advanced Boot CampThis is the course for investors who have some knowledge of options but still have trouble understanding more advanced concepts. Understanding the Black Scholes model, the inputs and Greeks are keys to successful option trading. A deep understanding of volatility helps all traders pick entry points and understand what the real potential of any trade is. To become a better trader one has to acquire the skills to predict outcomes based on specific conditions. The Option Pit Advanced Boot Camp course does just that. -Understand the model inputs that drive Black-Scholes -Master the Greeks of Delta, Gamma, Theta and Vega -Integrate realized volatility into a trading routine -Use the Greeks for basic position set up -Learn real risk control techniques to create high payout/low risk trades Level: Intermediate to Advanced[/text_block]
Adjusting Positions and Managing RiskOption trades do not always go as planned, this is why adjusting positions is so important. Proper adjusting of an option trade can reduce P&L volatility, and potentially save trades gone wrong. Poor adjustments can make positions FAR worse. In this course traders will learn how to properly adjust a host of trades and how to manage global risk across a portfolio. This is an incredibly powerful course for all traders from intermediate to advanced. Understand the pitfalls of adjusting positions Smart ways to adjust positions Proven methods for matching the right adjustment to the current scenario Mastery of option spread adjustments When NOT to adjust Professional risk managment approaches for a portfolio This course will leave traders with the confidence to execute adjustments like a full time trader Level: Intermediate[/text_block]
Mastering Daily OptionsThere are options expiring EVERY DAY in many indexes and ETF’s. Get ahead of the curve in this powerful course covering the ins and outs of daily option trading. If you want to create more income against stock positions this course is a must. Additionally, this course will teach traders advantage of mispriced volatility across many terms. Finally, using these options as a tool for directional trading is covered in detail. When finished with this course traders will have: Understanding of Daily Options Decay and Movement Mastery to integrate volatility and stock charts Proven Methods to create income using Daily Options Directional trading methods to create profit faster Use of Daily Option spreads and calendar spreads Important risk management techniques When done, the trader will have a strong understanding of how daily options will change the way traders manage and trade options forever. Level: Intermediate[/text_block]
Maximizing Profits With Weekly OptionsWeekly options are one of the most profitable and dangerous tools to trade. Learn the proper way to trade these incredible financial instruments. Traders will have mind blowing experience learning how weekly options really trade, how pros turn weekly’s into consistent profits…whether they are buying or selling premium in these products. Trader’s will walk away ready to execute trades in weekly’s on a ‘weekly’ basis. In this 3+ hour primer Mark Sebastian Founder of Option Pit and Andrew Giovinazzi C.O.O. of Option Pit teach traders: Understanding of Weekly Options Decay and Movement To powerfully integrate volatility and stock charts Proven Methods to create income using Weekly Options Trading Weekly Options for direction Mastery of Weekly Option spreads and calendar spreads Important risk management techniques For traders looking to ramp up their trading, this is a must view Level: Intermediate[/text_block]
Trading Calendar SpreadsCalendar spreads are one of the most complex trades in the option trading universe. When done right, they can be extremely profitable and relatively low risk. When done wrong, they can cost traders and arm and a leg. This course will teach traders to master term structure and multi-month trading. If your goal is to trade calendar spreads like the professionals this 4 hour course will be more than worth your time. Traders will master: Master Long Calendar Spreads Take advantage of mispriced term structure to maximize profits Create trades using weekly and monthly options Use diagonals to improve directional trading Understand short time spreads Manage risk associated with Calendar Spreads like a professional trader This course will leave traders with the confidence to execute time spreads like a full time trader Level: Intermediate[/text_block]
Condor IntensiveNot only does this course cover how to sell iron condors, but how to buy them as well. It covers when to buy and when to sell Iron Condors. In addition it covers advanced approaches to condors and adjustment techniques. This course is an expansion on trading butterflies and condors. It builds on the lessons taught about butterflies in the previous course. Trade condors and iron condors for income Trade condors for direcitonal purposes Use condors that allow you to take advantage of wild movement Get tricks only the pro’s know Adjust trades like a professional This course will leave traders with the confidence to execute flies like a full time trader Level: Intermediate-Advanced[/text_block]
Trading Straddles, Strangles, Long Gamma, VXX and UVXYShort volatility is the rage, learn to trade it effectively. In this course the Option Pit team will teach you how to sell and buy straddles and strangles. Traders will learn how to be short VXX and UVXY and how to own premium and short the VIX ETP’s for a profit. This is going to be a great course for those that want to be “short volatility safely”. Understand when to buy options Learn advanced techniques to trade long straddles and strangles Use volatility to pick the right option to buy Take advantage of volatility to produce more income Ride volatility cycles like a pro surfer Trade VXX and UVXY vs long gamma positions Manage risk and reduce potfolio risk with offsetting longs Plus, special techniques Professional traders use each day to hunt for the best trades every day Learn to surf the volatility[/text_block]
Option Pit Master Class: VolatilityThe Option Pit Master Class on Volatility Trading, will teach beginners how to think like a pro when it comes to volatility. It will teach those that are actively trading VIX how to trade like a professional VIX trader. This course will start with the basics of VIX and move all the way through advanced VIX and VIX ETP trades. This is a must for those that want to or see themselves as professionals in the VIX space. This course is 10 sessions and over 12 hours long. The major cycles of VIX Trade VIX options for income Create opportunity with VXX and VIX ETP’s Smart approaches to trading XIV, VXX and UVXY Ways to hedge with VIX and VXX options Professional risk managment approaches for a portfolio This course will leave traders with the confidence to execute income trades like a full time trader Level: Beginner to Advanced[/text_block]
Options for Long Term Trading and Hedging
This Special Course will give traders actionable tools to invest and hedge with optionsMany traders are astounded to learn that there are ways to use optoin to increase portfolio yeild and reduce P&L volatility while eliminating the risk of catastrohpic loss on a large market move. In this 3+ hour primer Mark Sebastian Founder of Option Pit and Andrew Giovinazzi C.O.O. of Option Pit teach traders:
- Make more profits risking fewer dollars
- Master the replacement of stock with options
- Learn how to use options to execute swing and day trades
- Ramp up put and call overlay strategies
- Buy market bottoms and sell market tops
- Execute high probability trades with options
- Master portfolio hedging and risk management
- Management the risk associated with the buying and selling of options
Level: All Levels[/text_block]
Mastering Calendars and DiagonalsThis course begins with what is the proper market condition for a diagonal calendar spread to succeed. We then break down the how, why and when of successful diagonal spread trading with a handy Trade Check List to increase the chances of a successful position.
Mastering Trading Breakouts with OptionsThis course covers low implied vol and high impact gamma to generate extremely favorable trade setups. Trade flags and breakout signals are covered in this long gamma approach to trading options for direction.
Using Options to Trade for DirectionThis course focuses on the different trade types for direction. We cover risk reversals, butterflies and broken wing butterflies all with an emphasis on the underlying directions to set up the trades.
VXX Made EasyTrading VXX get you down? Was the Volpocalypse an account breaker? Learn what makes VXX tick and make the nature of the product work for you. -Learn what determines VXX movement and when is the best time to trade it -What is the Contango Trade and what does it do to VXX -What is the backwardation trade? -Do you know if VXX will do an X IV and is it possible? Get to know the VXX cousins SVXY and UVXY. -What is more important for VXX, the VIX index or VIX futures, and do you know why? -What really is “time decay” in VXX and learning to make money trading the erosion in the product.
Directional Option Trading Made EasyIn this series of videos, Keith Harwood explains his approach to directional trading using options. Topics covered include: -Technical and volatility setups for outright long options that can generate incredible leverage right when it is most beneficial. -How to spot and trade short-squeezes and market long liquidations. -Which market parameters fit well with long verticals and directional butterflies. -How to gain leverage from calendars and diagonals -How and when to hedge these directional trades This is a four+ hour course and a great spot to understand better how to use options for directional trading.
Mastering VIXThis is our basic VIX education webinar. How VIX works and how to trade the options are covered in great detail. We also cover VIX future decay, Option Pit VIX Zones for the volatility ETPs like VXX and UVXY. The unique character of option trading with these products is brought to like with multiple examples.