This course is designed to teach the basics of options trading from the perspective of an options market-maker.
Course Curriculum
Options Trading 101
Available in
days
days
after you enroll
- 1.0 Welcome Video (5:00) (2:36)
- 1.1 Reading: Terminology and Trading Floors (60:00)
- 1.2 Reading: How Akuna Profits (60:00)
- 1.2.1 Exercise: Forward prices (10:00)
- 1.3 Reading: Options on Listed Futures (40:00) (5:55)
- 1.4 Lecture 1: Terminology and Basics (11:20) (11:17)
- 1.5 Exercise: Basic Questions (10:00)
- 1.5.1 Exercise: Futures Ladders and Options Basics (10:00)
- 1.6 Quiz 1 (15:00)
- 2.1 Payoff Diagrams (45:00)
- 2.1.1 Exercise: Payoff Diagrams (5:00)
- 2.1.2 Basic Options Strategies Explained Video (16:00)
- 2.2 Time Premium and Put-Call-Parity (35:00)
- 2.2.1 Exercise: Time Premium & PCP (10:00)
- 2.3 Video - Lecture 2: Theos & Combination Spreads (16:00) (14:54)
- 2.4 Options Limits & Boundaries (15:00)
- 2.4.1 Exercise: Spread and fly basics (12:00)
- 2.4.2 Exercise: Theo and P&L calculations (15:00)
- 2.5 Quiz 2 (15:00)
- 3.0: Greeks Intro (1:00)
- 3.1: Delta (30:00)
- 3.1.1 Exercise: Theo and Delta Hedging Basics (15:00)
- 3.2: Gamma (30:00)
- 3.2.1 Exercise: Gamma (10:00)
- 3.3: Theta (20:00)
- 3.3.1 Exercise: Greeks and General Quiz (6:00)
- 3.4 Volatility (35:00)
- 3.5 Vega (20:00)
- 3.5.1 Exercise: Vega (15:00)
- 3.6 Rho & Boxes (20:00)
- Closing Thoughts (10:00)
- 3.7 Quiz 3 (15:00)
Payoff Diagram Basics
Learn how payoff diagrams capture profit and loss characteristics of options at expiration.
Volatility Basics
Understand the different types of volatility and how implied volatility impacts option prices.
Trading Screens Walk-thru
We'll walk through option screen layouts and how options are related across strikes