Learning Objectives:
- Master single-leg options strategies
- Understand basic spreads and combinations
- Learn strategy selection criteria
- Develop risk management techniques
- Understand position management basics
- Single-Leg Strategies
- Long Options
- Buying calls
- Buying puts
- Directional trading
- Leverage concepts
- Risk/reward profiles
- Short Options
- Selling calls
- Selling puts
- Premium collection
- Assignment risk
- Margin requirements
- Basic Spreads
- Vertical Spreads
- Bull call spreads
- Bear put spreads
- Credit spreads
- Debit spreads
- Strike selection
- Calendar Spreads
- Long calendar spreads
- Short calendar spreads
- Diagonal spreads
- Time decay effect
- Volatility impact
- Strategy Selection
- Market Outlook
- Directional bias
- Volatility expectations
- Time horizon
- Price targets
- Risk tolerance
- Strategy Matching
- Goal alignment
- Risk profile matching
- Capital requirements
- Margin considerations
- Trading restrictions
- Position Management
- Entry Techniques
- Order types
- Entry timing
- Price execution
- Position sizing
- Initial risk assessment
- Management Rules
- Profit targets
- Stop losses
- Adjustment criteria
- Rolling strategies
- Exit planning
Glossary of Key Terms:
- Long Call
- Long Put
- Short Call
- Short Put
- Vertical Spread
- Calendar Spread
- Debit Spread
- Credit Spread
- Bull Spread
- Bear Spread
- Strike Selection
- Covered Call
- Protective Put
- Iron Condor
- Collar
- Time Spread
- Position Size
- Margin Requirement
- Assignment Risk
- Rolling
- Strategy Adjustment
- Entry Price
- Exit Price
- Risk Profile
Assessment Methods:
- Strategy construction exercises
- Risk/reward analysis
- Position sizing calculations
- Trade management scenarios
- Final module assessment
Resources Provided:
- Strategy selection guide
- Position sizing calculator
- Risk management templates
- Trade management flowcharts
- Real trade examples