A Complete Course in Option Trading Fundamentals
by Joseph Frey

With stocks, traders have just two main alternatives - buy or sell. But trading options offers investors so many strategic choices that it's the fastest growing area on the investment horizon.

Now, this fast moving presentation from respected Options Industry Council instructor Joseph Frey provides a comprehensive overview of options trading -- from basic concepts to sophisticated strategies. Ideal for beginners, or any trader looking to refine skills, Frey focuses on the nuts and bolts of option trading including:
· Why options don't behave like stocks - and differences in price action.
· The impact of implied volatility on every option trade
· Basic put and call purchases
· 4 fundamental actions underlying all option trading techniques
· 6 primary option strategies for bullish investors
· The 3 key reasons options traders fail - and how to avoid them
· The 50% rule for "at-the-money" price moves
· How time decay can quickly eat up option trading profits

Plus, he explains advanced bull/bear spreads, straddle techniques, and the various "directional option strategies" he's instructed over the years. With detailed discussion on how option prices are determined, what causes them to change, case studies of specific strategies in action - and when to apply them - this comprehensive session will help you meet your ultimate trading goals and prepare you for real-world, profitable, option trading in no time.
 

Option Spreads: Generating Exceptional Returns
by Tony Ciccone

Widely associated with a high risk level, options are often a case of concern when it comes to trading. By taking a closer look at them, however, their flexibility may actually work in your favor.
 
Options can be used to structure an arsenal of diverse strategic positions – many of them with a very high probability of success and a limited chance of risk. Tony Ciccone, noted investment advisor and Managing Director of OptionVue Capital Management, shows you how to put together a number of these high-probability trades. Get the hang of legging in and out of combination trades! Accompanied by real-world examples, this presentation can help put you on your way to successfully carrying out limited-risk spreads and combination positions.
 
Key points of this powerful session include:
 
--News, earnings, emotions, and other factors that drive shifts in volatility
--Using percentile rankings to evaluate current volatility levels
--Structuring strategies to put time decay on your side
--A quick overview of Black-Scholes and other option-valuation models
--Using calendar spreads to profit from horizontal volatility skews, and more.
 
Options are extremely versatile vehicles – you only have to know how to benefit from them. By putting into use Ciccone's invaluable knowledge and experience, you will be able to see options in a different light - one where managed risk and higher probability trades are the keys to success.