Options Trading for Rookies: Make & Manage Profitable Trades

Description

In this course, you will :

• Confidently make trades.
• Manage trades for Maximum POP and Profit.
• Understand the basic concepts of how options work.
• Get a refresher of basic option trading strategies using volatility, probability of profit, and other essential option trading elements.
• Create and analyze a checklist of key option elements to help you maximize your profitability while keeping your risks small.
• Learn to create watch lists following specific criteria.
• Understand the correct option position size when buying and/or selling verticals.
• Learn how to widen the strike depending on the option strategy you decide to use.
• Learn when to choose market direction over option expiration.
• Learn and understand how to manage your winning trades and maximize your profits.
• Learn and understand how to control your losing trades and minimize your risks.
• Understand and apply the importance of diversification.