Find Out the Why Behind Trading Options
- Learn How to Trade Options
- Discover the Essential Building Blocks
- Learn the Process of How They Come Together
- The Importance of Open Interest & Volume
- How the Greeks Play a Fundamental Role
Advanced training in our options Trading Courses
- What are options?
- Why trade options?
- Calls v puts
- Long calls and long puts differences
- Intrinsic value v extrinsic value
- Options strike price
- At the money, in the money, out of the money
- Open interest & implied volatility (IV)
- How to read an options chain
- Options greeks – Delta, theta, gamma, vega, rho
Remember how we mentioned earlier that options have different moving parts? That can affect your emotions when trading options. In fact, they can be very lucrative or take away your entire trade. As a result, seeing both that profit or loss can affect your emotions. Therefore, we don’t sugar coat things here at UrbanHood. That’s why we’re honest about the fact that trading is hard.
Placing a losing trade can have an effect on your confidence level just like placing a winning trade can. When trading options, you have more to think about. That’s why we recommend taking your time with our options trading course. Spend the time it takes to study and then practice your options training.
When you decide to delve into the world of options trading classes, one of the best things you can do for yourself is practice. Take our ThinkorSwim course to learn how to open a paper trading account.
There you can practice trading options without using your own money. In fact, you can see how things like the Greeks, implied volatility and strike price affect your profit and loss potential. That may all sound overwhelming and that’s ok. We will teach you about how the Greeks work live each day in our trade room and also in courses.
That’s why we’re huge proponents of placing hundreds of practice trades before using real money. As a result, the pressure to be right is off. You can learn the feel of what works best for you while also learning the strategy that suits you best. Our options trading course will help you with choosing a strategy.
Practice trading allows you to work on overcoming your emotions. Have we mentioned trading is emotional yet? Even the best traders fail 30-40% of the time. Don’t let that scare you away from options trading however. You can take your time taking our options course and practicing without pressure. Before you know it, you’ll be an expert. Then you can tell everyone that we have the best options trading course in the industry haha.
We specifically go over the basics such as why people trade options, how to trade options, options contracts components such as…calls and puts, intrinsic value, extrinsic value, strike prices, at the money, in the money, out of the money, open interest, implied volatility (IV), historical volatility, and options greeks such as…delta, theta, gamma, vega, and rho.
We recommend joining our trade room because that’s where you get to see us teach and trade options live throughout the week. This is where the real world action takes place. You can take our courses and practice paper trading options along with us in our trade room each day.