Program

The options market is far too often overlooked by individual investors, many of whom do not even realize the opportunities they are missing! This workshop will introduce you to the stimulating world of options through an easy step-by-step process presenting all the vital prerequisites for trading options, including terminology, essential concepts and pricing variables. Finally, you will be exposed to basic options strategies and guided through practical examples illustrating the risk and reward profile.

The first step in becoming a successful investor is to recognize your objectives; the second is to equip yourself with the right tools. This workshop will demonstrate how the options market can be an extremely powerful instrument in helping you achieve your goals. Whether you are looking to generate cash flow, protect investment capital or speculate on market directions, options may very well be the most effective tool in your investment arsenal. Whatever your goals, this workshop will teach you to recognize which options strategies will enhance your chances for success!

Learning how to make use of both Fundamental and Technical Analysis is a key component of a successful advanced options trading strategy. This workshop will demonstrate how combining these two different schools of thought can help investors benefit from the strengths of both. By incorporating this hybrid model, you will be introduced to advanced options strategies, such as directional butterflies, ratio spreads and credit spreads, and acquire the knowledge needed to apply options strategies based on this joint analysis.

A key component in the pricing of your options is volatility. This workshop covers the impact of implied volatility and how it relates to historical and expected volatility. Discover how it can affect both the profit and loss of your options positions and gain a better understanding of how changing implied volatility can affect the options price. This will be demonstrated through the concept of Vega, one of the Greeks. You will also be introduced to the generally expected behaviour of implied volatility in today's market and learn how to prepare yourself to take advantage of its changing levels.

As the clock counts down on the expiration of your options, time can be of the utmost importance in terms of their price. Traders sometimes make the wrong decision at exactly the wrong time. This session cuts through the mathematical jargon and gets to the heart of what is important to traders, specifically, finding an optimum point along the time line where the purchase or sale of an option maximizes the impact of time decay. Join Richard as he presents a macro outlook and demonstrates how to optimize the time value of your options.