Limitless Stock Options Accelerator
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Module 1: Introduction to Stock Options
Lesson 1.1: What is the Stock Market? -
Lesson 1.2: Understanding Options: Basics and Terminologies
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Lesson 1.3: The Difference Between Stocks and Stock Options
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Lesson 1.4: Types of Options: Call and Put
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Lesson 1.5: Benefits and Risks of Trading Options
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Module 2: Option ContractsLesson 2.1: Elements of an Option Contract
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Lesson 2.2: How to Read an Option Chain
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Lesson 2.3: Intrinsic Value and Time Value
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Lesson 2.4: Moneyness: In-the-Money (ITM), At-the-Money (ATM), Out-of-the-Money (OTM)
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Lesson 2.5: Option Expiration and Exercise
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Module 3: Pricing Options and GreeksLesson 3.1: Understanding Option Pricing
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Lesson 3.2: Introduction to Greeks: Delta, Gamma, Theta, Vega, Rho
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Lesson 3.3: Impact of Volatility on Option Pricing
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Lesson 3.4: The Black-Scholes Model for Option Pricing
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Lesson 3.5: Application of Greeks in Option Trading
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Module 4: Trading Strategies for Stock OptionsLesson 4.1: Basic Option Trading Strategies: Long Call, Long Put
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Lesson 4.2: Protective Put and Covered Call
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Lesson 4.3: Spreads: Bull Call, Bear Put, Butterfly
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Lesson 4.4: Straddles and Strangles
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Lesson 4.5: Risk and Reward Analysis for Different Strategies
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Module 5: Practical Skills: Trading Platform and Order PlacementLesson 5.1: Introduction to Trading Platforms
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Lesson 5.2: Setting Up a Brokerage Account
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Lesson 5.3: Placing Option Orders: Market, Limit, Stop, Stop Limit
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Lesson 5.4: Managing and Monitoring Your Portfolio
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Lesson 5.5: Practical Exercise: Virtual Trading
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Module 6: Risk Management and Regulatory ConsiderationsLesson 6.1: Importance of Risk Management in Options Trading
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Lesson 6.2: Using Stop Loss and Take Profit in Options
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Lesson 6.3: Understanding Margin Requirements for Options
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Lesson 6.4: Regulatory Framework for Options Trading
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Lesson 6.5: Ethical Considerations in Options Trading
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Module 7: Beyond BasicsLesson 7.1: Advanced Trading Strategies: Iron Condor, Calendar Spread, Diagonal Spread
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Lesson 7.2: LEAPS and Binary Options
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Lesson 7.3: Using Options for Hedging and Speculation
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Lesson 7.4: Impact of Corporate Actions on Options
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Lesson 7.5: Continuous Learning and Improvement in Options Trading
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Lesson
Participants 3356
Lesson 5.5: Practical Exercise: Virtual Trading
Michael Gustin July 5, 2023
Before you start trading with real money, it’s a good idea to practice with virtual trading. Also known as paper trading, this involves making trades in a simulated environment with virtual money. It’s a good way to learn how to use a trading platform, develop trading strategies, and get a feel for the market without risking real money.
Many brokerages offer virtual trading accounts as part of their services. This is a great way to get comfortable with options trading and understand the dynamics of the market.
– Reference: [Investopedia: Paper Trading] (https://www.investopedia.com/terms/p/papertrade.asp)
Remember, the goal of this module is to get you comfortable with the practical aspects of options trading. While understanding theories and strategies is important, being able to effectively execute trades, manage your portfolio, and handle the technical aspects of a trading platform are also essential skills for success in options trading.
Keep in mind that every trader’s journey is unique, and what works for one person may not work for another. It’s important to continue learning, practicing, and refining your trading strategy as you gain more experience.
Finally, always remember the risks associated with options trading. While it can offer significant profit potential, it can also result in substantial losses. Never risk more than you are comfortable losing, and consider seeking advice from financial professionals if you’re unsure about a particular investment decision.