Forget about all the complex options strategies, really. I mean what is an iron condor anyway? Take a look at this description. The iron condor is a limited risk, non-directional option trading strategy that is designed to have a large probability of earning a small limited profit when the underlying security is perceived to have low volatility. Huh?
The secret to successful options trading isn’t in the rocket science of complex options strategies
The real key to success in options trading is to first determine where the underlying is going. Once you know which direction a stock, index, or ETF is likely to move, you can determine your profit target and stop loss. Then and only then would you consider using an option to maximize your return using limited capital. Then you would buy puts or calls, but that’s it, no spreads, straddles, iron this or iron that.
Just buying puts and calls at the right time on the right underlying
You need to know something about which options to buy and why. Plus when to buy and when to cover your position, and the effects of volatility and time decay. However the secret to the Trading Prism Option Coaching program is in the strategies you’ll learn. Strategies used by professionals, designed to uncover the best candidates for buying puts and calls. The key to success is to use the leverage of options ONLY when you’ve uncovered the right underlying candidate at the right time.
Aren’t options a risky investments?
Options have been around for more than 30 years, but options are just now starting to get the attention they deserve. Many investors have avoided options, believing them to be sophisticated and, therefore, too difficult to understand. Many more have had bad initial experiences with options because neither they nor their brokers were properly trained in how to use them. There are many advantages to using options:
- Options have great leveraging power. A trader or investor can obtain an option position that will mimic a stock position almost identically, but at a huge cost saving
- Options can be less risky for investors because they require less financial commitment than equities, and they can also be less risky to the potentially catastrophic effects of gap openings
- Higher potential returns. With a £100 you can control £10,000 of the underlying stock or index.
We received a confirmed up signal on the US markets on October 4th, 2011
Here’s an example of a great option trade following a market buy signal on the US markets, that was confirmed on October 5th, 2011.
To trade the S&P500 index we used the Spyders [SPY] as a surrogate. The SPY is an ETF that trades like a stock at 1/10th the value of the S&P 500 index. As this was a long position, we bought call options on the SPY at the open on October 5th, 2011. We bought in the money calls, two contracts of the November 108 calls for a total investment of £1400. With a straight options cash trading account, there’s no margin required, the total amount at risk on this trade is £1400.
The signal on the US markets worked in our favour. The market climbed steadily in October, and the trade was closed out on October 28th for £4100, that’s a gain of £2700 in 23 days!
There was no ‘rocket science’ in this SPY trade. All the analysis was based on the underlying. Combine this analysis with basic option knowledge, and you have everything you need.
Richard Muller, Reuters TV Equity Analyst, senior Options Coaching instructor
Learn how to make
winning trades with
The Trading Prism
Options Coaching program
The Trading Prism three month coaching programs are designed to help you to develop your own trading plan and execute every trade according to your plan. These comprehensive programs will provide you with a road map to trading success. You’ll know what to do and when to do it for any market condition. Our senior instructors provide face-to-face seminars and webinars to guide you through the entire process. Find out more about out instructors at TheTradingPrism.com
What you will learn
- How to trade with peace of mind, securely with options
- Remove your fear of investing and drastically reduces your personal risk
- Gain the edge with leveraged protection using options
- Simple, effective, strategies
- Plain language will remove all the secret mysteries of options trading
Steve Hill, President AIQ Systems, senior Options Coaching instructor
Your Options Coaching Program is actually four distinct courses all in one program!
1. The must know options theory
- An Introduction to options
- Options basic terminology
- Options Greeks, and their importance
- Understanding volatility and its implications on options prices
2. The Strategies
- The five most powerful options strategies
- High focused training on how and when to use them to trade both
stocks and index options - Understanding the risk and return factors of options trading
3. Practical application of options trading strategies
- Understanding and implementing the trading process
- The big picture analysis: know when to trade and when not to
trade, and what to wait for - Sector rotation analysis: Know which sectors to trade and which
not, and when - Individual stock selection strategies: 7 of the best stock
screening strategies to identify potential options trading candidates - Risk and trade management of the options positions
4. Live market analysis options webinars
- Practical application of the options trading strategies in a live market environment
- Monthly market review
- Step by step trade guide to identify a potential trade
- How to execute the trade
Your 3 month Options Coaching Program begins with a live seminar in London
on February 11, 2012
This is where you’ll learn the foundation of our trading strategies, and meet your instructors face-to-face. In the following three months, you’ll attend two live webinars each month with a senior instructor where you learn all the requirements of trading success. At the end of the program you’ll attend a second face-to-face seminar on a Monday that will include live trading on the US markets.
What happens at the end of the Options Coaching Program?
Once you have completed the course, we don’t just cut you loose on the trading world. For a very reasonable monthly fee, we provide ongoing webinars and access to our instructors via e-mail to provide you with assistance when you need it the most.
Do I need a laptop or trading software to attend the Options Coaching program?
You don’t need a laptop to attend the live seminar, however it is recommended. Our recommended trading software, software that our instructors use is AIQ TradingExpert Pro which runs on any Windows PC. We can also provide this software for a special monthly rate, exclusive to attendees. The package includes US and UK data, real-time and end of day. Monthly fees for the software and data also includes access to our ongoing support program, with webinars and access to our instructors via e-mail. You will need a PC, MAC, pad or tablet to attend the webinars.
ONLY 10 seats available
Trading Prism Options Coaching program.
Starting on February 11, 2012
Don’t miss out!
only £1995
