Udemy

Platform

English

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Investing & Trading

Category

CREDIT SPREAD SURGERY - Bear Call and Bull Put Mastery

Master the Bear Call and Bull Put Options Trading strategies and create the foundation for consistent performance.

4.70 (156 reviews)

CREDIT SPREAD SURGERY - Bear Call and Bull Put Mastery

Students

2 hours

Content

Dec 2019

Last Update
Regular Price

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What you will learn

Mastery of Credit Spreads - the Bear Call and Bull Put spreads

Learn to create monthly income strategies that consistently produce income

Advanced adjustment strategies to manage credit spreads

Master the art of adjusting credit spreads when they get into trouble

Construct monthly income strategies for consistent returns

Fine tune the art of picking the right strikes, expiry series and Volatility environment before placing a trade


Description

CREDIT SPREAD SURGERY - ADVANCED CREDIT SPREADS

  Consider this Option Trading Strategies course as "Advanced Credit Spreads". Both these spreads are dissected to convey an advanced level of knowledge and skill in using these credit spreads. Everything on How to Trade Options from the ideal credit spread trade setup, trade management, adjustments and exit. You're expected to know what a Bull Put and Bear call spread is. 

  If you have a regular job, then you need Option Trading Strategies that allow you to focus on your job, but yet create a somewhat stable and reliable income stream from your investments. In this course, we dig deep into credit spreads and understand why being an Option seller (risk defined of course - no naked selling) may not be that bad after all. We analyze Probability, Time decay and Volatility considerations and come up with some pretty good stuff on How to Trade Options. 

  These spreads form the foundation blocks of "Monthly Income" strategies. And not surprisingly, all advanced strategies like Iron Condors or Backspreads use some variation of the Bear Call or the Bull Put spreads. Anyone wanting to create a consistent monthly income of 2% to 5% will use these strategies as part of their "Income" portion of their portfolio. 


What you will master 

 

  • With Spreads, you can now be a seller of Options

  • The meaning of "defined risk" Options investing

  • Cutting-edge trade entry analysis

  • Selection of the right expiry series

  • Selection of the appropriate strike prices

  • Volatility considerations

  • Setting the optimal "width" of the Spread

  • Set your monthly target that can still let you sleep at night

  • Optimize Time decay, Probability and Premium collection variables

  • Set "pain points", and plan the exact nature of adjustments

  • Setup trades that require little monitoring

  • Why you can be wrong on direction and still make a profit

  • Ideal strategies for losing positions

  • How do you handle your position when your short strike prices are in danger


 
   



Content

SELECTION CRITERIA FOR SPREADS

INTRODUCTION - Advanced Credit Spread Surgery

Bear Call versus Bull Put

Optimal Expiry Series

Optimal Strike Price selection

Spread width, Premiums and Margin

Technical Analysis for optimal trade entry

Volatility considerations

LIVE BEAR CALL TRADE MANAGEMENT (Netflix and Linkedin)

Bear Call Trade setup (NFLX and LNKD)

Adjustment 1 for Linkedin (LNKD)

Adjustment 1 for Netflix (NFLX)

Adjustment 2 for Linkedin (LNKD)

Adjustment 2 for Netflix (NFLX)

Adjustment 3 for Linkedin (LNKD)

Trade Exit for Netflix (NFLX)

Trade Exit for Linkedin (LNKD)

CONCLUSION

Credit Spreads quiz

BONUS LECTURE - DONT MISS !!


Reviews

J
John21 May 2020

So far, so good. I have taken other courses from this instructor, and he has always educated me in a positive manner.

R
Ram19 October 2019

Outstanding Presentation by Hari Swaminathan using actual instruments live. Here we are not only learning the subject materials also tutorial on Think or Swim, once again with real live examples. Presentation is visually sharp, clear and bold.

M
Michael26 May 2019

Some of the sections are taken from previous courses. It's good information, but i've already heard it and already paid for it

P
Paul16 March 2018

This is a very good course. Loads of tips and tools. This is one of Hari's better courses in terms of him summarizing the content and the major learnings. This is a great addition to the basics of credit spreads.

B
Benny14 January 2018

Learned some unusable adjustments not often taught. Would like to have seen a more in depth as to exactly when one would adjust.

G
Gilad22 December 2017

The risk/reward of this strategy is horrible, you will probably lose money if you follow this strategy. Yeah you can adjust, but one big move can wipe your yearly gains.

D
Darrin15 November 2017

Great course... It would be nice to get a few more rules on what to look for on the art of when to make the adjustment. I learned a ton.

D
David28 October 2017

The course was excellent - it is advised to have some familiarity with options before the course. It offers several means for adjusting a credit spread which can save a losing trade or get additional income from a winning trade. It also offers ways to protect profits when they are achieved. Probably the best course even taken regarding credit spreads and would encourage taking the course for additional knowledge and as a means for trading better.

A
Amritendu12 September 2017

Explained the mechanics of the trades very well. However, would have liked a little more objective explanation of the levels at which the adjustments need to be made... for example, if the price moved 1/2 sigma against the position or vice versa, or if the delta has become positive (above a certain level), when you want it to remain neutral. I understand that making adjustments is an art, but a little more explanation of the logic behind the art would be appreciated.

J
Jennifer24 May 2017

This is my second time taking this course because I also bought it as part of a bundle. Good course and lots of good instruction. The adjustments were very helpful to see along the way.

M
Mitch21 November 2016

Not only does Hari show you specifics of trade management, he shows the tools available and how to use the TOS platform to manage the credit spread. I think TOS is a major obstacle for new traders - even though it is a very robust platform.

S
Sumit10 July 2016

Credit spread being a difficult topic has always been difficult for me. This course made it easier with its illustrations to master the topic. I feel more comfortable trading them now. Thank you for the course.

V
Vic1 March 2016

Just when you thought there was a topic regarding options that seems to be going to get more complex, more intimidating, and more challenging to comprehend, Hari offers a course to break it all down and allow you to consume the knowledge in a piece-meal, reasonable manner so that you would 'get it'. Combining knowledge learned from previous courses, one can learn how to use these particular options to generate income. Hari did an excellent job as the lectures were presented in an easily comprehensible format and tries to kept the concepts accessible to a beginner's level of understanding. Using the trading platform to show how it is done in a trading situation also adds to the learning experience instead of just talking about theory.

D
Davebrazell23 November 2015

Hari, Explains everything in detail this was probably the best course on adjustments that I've ever seen. Dave

R
Ronnie2 February 2015

Hari has a knack of explaining complex principles and breaking it down into simple concepts. The presentation is logical. The concepts are described well in actual simulated trade in the Think or Swim platform. He covers all steps in making the trade and put it in simulation using an actual trading platform. The quiz at the end is an added bonus. The only reason why I did not give this a 5-star is the video quality in Udemy platform.


42491

Udemy ID

2/20/2013

Course created date

11/21/2019

Course Indexed date
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