Options Spreads Bundle- the heart of Options Trading

Master the art of constructing and managing Option spreads, and you have a skill for consistent monthly performance.

4.90 (162 reviews)
Udemy
platform
English
language
Investing & Trading
category
Options Spreads Bundle-  the heart of Options Trading
1,447
students
3 hours
content
Dec 2019
last update
$59.99
regular price

What you will learn

Learn and understand the four vertical Option spreads

Spreads are the starting point to create consistent monthly income.

Understand how "live" trades are constructed with strategy, chart analysis and execution

Description

  SECTION I - PHILOSOPHY AND DEFINITION OF SPREADS 

  We introduce all four Options Spreads in this Bundle (Bull Call, Bear Call, Bull Put and Bear Put). This bundle is a very comprehensive coverage of all four Option spreads. Options spreads sit right in between the 4 basic Option positions and the more Advanced level Option strategies. The Spread is the bridge between the basic Option strategies and the advanced strategies. In fact, most advanced strategies are composed of the spreads we cover in this course, so this stuff is key. For the busy professional, Spreads offer the right mix of reward and risk. All 4 vertical spreads introduced in this course are extensions of the 4 basic Options. Spreads add an element of cost control and / or risk control to individual Options positions. Master the four Options Spreads, and you would have acquired a skill that can create consistent monthly income. Additionally, you'll be well on your way to mastering the advanced Options strategies. 

   

What you will master   

  • Advantages and disadvantages of single Option strategies - Long and Short

  • How Spreads tackle the negatives of individual Options

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

  • The meaning of "defined risk" Options investing

  • Spreads help you control your costs and risk exposure

  • What are the differences between credit and debit spreads

  • Control risk and costs without compromising on Probability

 

SECTION - II REAL LIVE TRADES ON THE 4 OPTION SPREADS 

  THE BULL CALL SPREAD 

  The Bull Call Spread is an extension of the Long Call Option. When you buy a Call Option, you are bullish. The Bull Call spread maintains the bullish element of the Long Call while controlling your costs and has a limited losses profile. Of course, everything is a compromise. But you would probably be willing to make this compromise. We explain why this spread is called a Bull Call spread, and how to address any confusion from these strange names. The risk-reward profile of a Bull Call spread is very favorable. We define why the Bull Call spread is a Debit spread, and study its Profit and Loss diagrams in detail. We put a real trade on IBM and we navigate the trade for a couple of weeks. 

 

What you will master   

  • Differences between Debit spreads and Credit spreads

  • How does the Bull Call reduce your costs

  • What do we give up when we put on a Bull Call spread

  • What are the criteria for a good Bull Call spread

  • Put a real Bull Call spread on IBM and understand the position

  • Analyze, simulate the trade through various stages of the trade

  • Put the trade in context with the overall market condition

  • Analyze exit points carefully and execute the exit

 

THE BEAR CALL SPREAD 

  The Bear Call Spread is a credit spread, and we explain why credit spreads are a viable way to assuming an Option seller's profile. The Bear Call spread limits your risk. We study the role of Probability in selecting credit spreads as well as Implied volatility considerations and time decay. Time decay is a key component of credit spreads and the Bear Call spread can be an excellent way to generate monthly income. All spreads can be part of the busy professional's playbook, but credit spreads can be especially attractive. We analyze the right criteria for credit spreads, including the selection of the expiry series as well as the individual Options itself. We put a real trade on Amazon (AMZN) and track, monitor and adjust this trade until its exit. 

What you will master   

  • Differences between Debit spreads and Credit spreads

  • How does the Bear Call spread control your risks

  • What do we give up when we put on a Bear Call spread

  • What are the criteria for a good Bear Call spread

  • Analyze chart and resistance levels for a good Bear Call

  • How do we put Probability on our side

  • The balance between premium collected and time to expiry

  • Put a real Bear Call spread on AMZN and understand the position

  • Analyze, simulate the trade through various stages of the trade

  • Put the trade in context with the overall market condition

  • Analyze exit points carefully and execute the exit

 

THE BEAR PUT SPREAD 

  The Bear Put spread can be a powerful strategy for bear markets. The Bear Put is an extension of the Long Put Option. The Bear Put has some specific features, which make it a very attractive spread, and we dig deep into these characteristics. We put a real trade on Netflix (NFLX). The risk reward characteristics of Bear Put spreads are very attractive as its losses are limited. The Bear Put, just like the Long Put is a Vega positive trade, so this trade can optimize a bearish move as well as any upside from Implied volatility changes. The choice of expiry series, time decay effects and the choices of individual Options are also important. 

 

What you will master   

  • Why the Bear Put spread is a debit spread

  • How the Bear Put spread optimizes a bearish move in a stock

  • Get benefits from Delta and Vega - double deal

  • Why this is a Limited Losses spread

  • How time decay affects the Bear Put spread

  • Study of Profit and Loss diagrams

  • Plan the trade entry for a Bear Put spread

  • Chart and Stock analysis

  • Plan and execute the exit on the NFLX trade

 

THE BULL PUT SPREAD 

  The Bull Put spread is a flat to bullish that profits primarily from time decay, but can also profit quicker from a move to the upside. Its important to pick the right strike prices for the Bull Put spread, as is a thorough analysis of the stock's chart and support levels. In this course, this is what we do - we pick Google (GOOG) as our candidate for the Bull Put, and analyze past price action, support levels and put on a successful Bull Put spread. 

   

What you will master   

  • The anatomy of a good Bull Put spread

  • Analysis of stock chart and support levels

  • What is special about the Bull Put spread

  • How does the Bull Put spread control your risks

  • How do we put Probability on our side

  • The balance between premium collected and time to expiry

  • Put a real Bull Put spread on GOOG and understand the position

  • Analyze, simulate the trade through various stages of the trade

  • Put the trade in context with the overall market condition

  • Analyze exit points carefully and execute the exit

 

MONTHLY INCOME STRATEGIES PRIMER
     If you have a regular job, then you need strategies that allow you to focus on your job, but yet create a somewhat stable and reliable income stream from your investments. In this PRIMER, 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. 

 
 
 


   

Content

Introduction to Options Spreads

Introduction to Option Spreads Primer - Part I
Introduction to Option Spreads - Part II
Introduction to Option Spreads - Part III

All four Option Spread Trades (with detailed explanation and trade entry parameters)

IBM Bull Call Trade Live Trade, Rationale, Adjustments, Exit
AMZN Bear Call Trade - Live Trade, Rationale, Adjustments, Exit
NFLX Bear Put Trade - Live Trade, Rationale, Adjustments, Exit
GOOG Bull Put Trade Live Trade, Rationale, Adjustments, Exit
CONCLUSION
Options Spreads Quiz
BONUS LECTURE - DONT MISS !!

Reviews

Roger
August 3, 2022
Good course. Suggestions 1. Try to use a cursor that does not have the large yellow circle. The circle blocks the view of the value you are pointing at. 2. move the cursor a little more slowly and smoothly. For me, as a newbie to spreads and trying to understand your points, this is very distracting. I am constantly pausing and going over many of the points, which i guess is good.
Ramesh
April 14, 2022
Chart is not at all visible and it seems, it is very old recorded video and sorry to say, no resource of learning materials every where advt is given as resource and felt like cheated. I am a trader with 3 years of experience and in Udemy this my 15th course and please the instructor should do something to give in PDF format to understand the students and the video is very very bad. Please do not allow this kind of videos in UDEMY
Michael
March 10, 2018
This class has all the theory and live trade examples you need to fully grasp spreads. Just another great course by Hari. What an excellent introduction to the options world, from beginner to advanced, he is. Looking forward to going through all his courses in the future!
Srinivasan
October 4, 2017
Great foundation course on spreads. Good Live examples. Adjusting Spreads when they go against will be a welcome addition to this course or subsequent course. Thank you.
Mitch
June 7, 2017
Great information again from Hari. I only gave it 4.5 stars because the screen is frequently very dark on the P/L graphs making it somewhat difficult to see what is happening clearly.
Jennifer
May 4, 2017
I learned so much in this course. Taking us through step by step in each spread trade was very helpful and he explained the reason and best use for each. The instruction is thorough and I'm already paper trading and using what I've learned in this class.
James
April 29, 2017
Information is clearly presented. This series of courses has given me the confidence and understanding to begin paper trading with the expectation that in nine to twelve months I can profitably trade a funded account.
Eric
March 3, 2017
I feel Hari's courses are excellent. They are very clear concise informative with realistic examples . He's an excellent teacher who breaks down technical information into an easy to understood format. Due to the extensive knowledge he has imparted to me I feel extremely confident I will be able to supplement my retirement income using options.
Steven
February 16, 2017
Good Course! i would always get confused when trying to understand the spreads. If you struggle with basic vertical spreads. This course is perfect for you. Take your team and review the concepts in your head before going onto the next type of vertical spread.
Doyle
November 15, 2016
He has started this course off with insightful definitions and relationships which will obviously be useful as we go further.
Vic
March 1, 2016
This course covers some vital and IMPORTANT concepts regarding options, and one cannot progress beyond a rudimentary understanding of options without fully understanding them. Options spreads seem very complex, confusing, and intimidating at first, but this course was able to break them down into easy-to-digest bits and in due course they became quite learn-able, which is an empowering feeling if I can say so myself. 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. The information presented in the course CAN be found elsewhere for free, but it is UNLIKELY that you will find a better instructor than Hari and have the material be presented to you in such a clear and easy to learn format.
John
February 17, 2016
I've just finished another of Hari's courses "The Options Bundle" and I am sticking with him from now on to learn this subject. I knew for some time that I should study Options but I felt it was all too complex. I am not saying this is all easy but I now feel I can learn from him. His site, Options Tiger, will have a new subscriber - Me.
Robert
February 11, 2016
I like several aspects of this course: detailing the bid/ask within an options spread. The course is relevant given bear and bull m,markets where volatility exists. excellent use of greeks through the on-line trade examples. This really puts things in perspectives. Hari really demonstrates solid adjustments through the option trade process. Excellent!!
S.
January 24, 2016
In this course Hari breaks down options spreads into an easy to understand concept. I thought spreads were so exotic and difficult to learn before. Once you learn the foundation that all spreads can be broken down into the basic four spreads, they become easy to understand! At the end I thought it could have had some overview of some of the intermediate and advanced spreads and also some adjustments in the example trades, but overall, this course will help greatly moving towards trading success!
Tyrone
September 15, 2015
This course was a great introduction to options. Once you become comfortable with options I think it will be hard to trade stocks unless there is a dividend component to the trade. I'm no where near proficient at trading options but I clearly see the potential upside. Yes I also understand the downside risk.

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Options Spreads Bundle-  the heart of Options Trading - Price chart

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Options Spreads Bundle-  the heart of Options Trading - Ratings chart

Enrollment distribution

Options Spreads Bundle-  the heart of Options Trading - Distribution chart
42197
udemy ID
2/18/2013
course created date
11/21/2019
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