4.70 (156 reviews)
☑ 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
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
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
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
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)
Credit Spreads quiz
BONUS LECTURE - DONT MISS !!
So far, so good. I have taken other courses from this instructor, and he has always educated me in a positive manner.
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.
Some of the sections are taken from previous courses. It's good information, but i've already heard it and already paid for it
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.
Learned some unusable adjustments not often taught. Would like to have seen a more in depth as to exactly when one would adjust.
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.
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.
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.
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.
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.
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.
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.
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.
Hari, Explains everything in detail this was probably the best course on adjustments that I've ever seen. Dave
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.