Options Boot Camp

By The Options Insider Radio NetworkBusiness Investing

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Followers
Typical duration
54 min
per episode

Based on Podcast App listening data

Options Boot Camp episodes

November 08, 2012Options Bootcamp 10: Common Trading Mistakes
Options Bootcamp 10: Common Trading MistakesBasic Training: Your COs cover the most common options trading mistakes:

Writing long-term options for income.

Using market orders in illiquid options.

Not closing options offered at a nickel.

Buying worthless OTM "lottery ticket" options.

Selling when implied volatility is high buying when it's low.

Over-adjusting income trades.

Believing that sell stops are better than wasting premium on buying downside puts for protection.

Mail Call: Answering your options questions

Via email from John S. - Which is the better method of portfolio protection, a put option or a stop order?Via email from Phil K. - I’m very interested in weekly options. They appear to be a very popular product right now. Can you do a show about weekly options for those of us who are thinking about diving into these products? Perhaps common mistakes, misconceptions, myths, errors, etc. Thanks a million. I just discovered the show and I've already learned a ton. Tell John I'm on the SogoTrade site right now and about to pull the trigger.Via Twitter from @Exxav: What do you mean by implied volatility? What is the difference between implied vol and historical vol?
1 hr
November 08, 2012Options Bootcamp 10: Common Trading Mistakes
Options Bootcamp 10: Common Trading Mistakes

Basic Training: Your COs cover the most common options trading mistakes:
Writing long-term options for income.
Using market orders in illiquid options.
Not closing options offered at a nickel.
Buying worthless OTM "lottery ticket" options.
Selling when implied volatility is high buying when it's low.
Over-adjusting income trades.
Believing that sell stops are better than wasting premium on buying downside puts for protection.
Mail Call: Answering your options questions
Via email from John S. - Which is the better method of portfolio protection, a put option or a stop order?

Via email from Phil K. - I’m very interested in weekly options. They appear to be a very popular product right now. Can you do a show about weekly options for those of us who are thinking about diving into these products? Perhaps common mistakes, misconceptions, myths, errors, etc. Thanks a million. I just discovered the show and I've already learned a ton. Tell John I'm on the SogoTrade site right now and about to pull the trigger.

Via Twitter from @Exxav: What do you mean by implied volatility? What is the difference between implied vol and historical vol?
1 hr
October 16, 2012Options Boot Camp 9: Busting Options Myths
Basic Training: We're going to bust many of the myth and misconceptions the permeate through the options market, particularly to those new to retail options.

Somewhere between 75-80% (or even more) of options expire worthless every month, therefore you should be an options buyer.

Selling options is a risk-less, or near risk-less, endeavor.

All out of the money options have higher volatility than at the money or in the money options.

Calls go lower, stock goes higher - How could this possible be?

Mail Call: Listener questions and comments

Tweet from @UncleJessie - I love Bootcamp, it's transformed me into an options trader. I'm also new to Sogo trade, can John explain why his platform is the best for options traders - commissions aside.

Facebook question from Tim Stevens - As a new options trader, should I focus my efforts on maximizing delta or theta? I primarily buy calls/verticals.

Tweet from @Eddie66 - Hey drill instructors, I love the Bootcamp! I'm looking to hedge my portfolio - Spy puts or VIX calls?

Tweet from @Thessa - Sogo thanks fro bringing back Bootcamp, it's my favorite show. Do you offer portfolio margining over there at Sogo?

Tweet from @AstroX - What is your favorite options book for beginning/intermediate options traders?
1 hr 4 min
October 16, 2012Options Boot Camp 9: Busting Options Myths
Basic Training: We're going to bust many of the myth and misconceptions the permeate through the options market, particularly to those new to retail options.
Somewhere between 75-80% (or even more) of options expire worthless every month, therefore you should be an options buyer.
Selling options is a risk-less, or near risk-less, endeavor.
All out of the money options have higher volatility than at the money or in the money options.
Calls go lower, stock goes higher - How could this possible be?
Mail Call: Listener questions and comments
Tweet from @UncleJessie - I love Bootcamp, it's transformed me into an options trader. I'm also new to Sogo trade, can John explain why his platform is the best for options traders - commissions aside.
Facebook question from Tim Stevens - As a new options trader, should I focus my efforts on maximizing delta or theta? I primarily buy calls/verticals.
Tweet from @Eddie66 - Hey drill instructors, I love the Bootcamp! I'm looking to hedge my portfolio - Spy puts or VIX calls?
Tweet from @Thessa - Sogo thanks fro bringing back Bootcamp, it's my favorite show. Do you offer portfolio margining over there at Sogo?
Tweet from @AstroX - What is your favorite options book for beginning/intermediate options traders?
1 hr 4 min
October 02, 2012Options Bootcamp 8: It's All Greek to Me
Options Bootcamp 8: It's All Greek to Me

Basic Training: Time to revisit the Greeks:

Delta - The chief Greek

Gamma - The rate of change of Delta, as the underlying stock changes, but sometimes overwhelming to beginners.

Theta - Time decay. The rate of change of an option given a change in the time to expiration.

Vega - The king of the Greeks. The rate of change of an option price, as a result of change in implied volatility.

What is the difference between a retail and professional options trader?

Mail Call: Reaching out for a bootcamp lifeline.

Tweet from Tex05: Mark, why do you always say that retail options traders trade Delta and professionals trade Vega?

Email question from Evan - Atlanta, GA: Can you guys explain the importance of dividends to an options trader? That seems particularly important given the recent snafu over SPY dividends. Why are dividends important to options traders and how should it affect my options trading?

Facebook question from Mike Debrasse: I'm hearing a lot about this being a "low volatility environment." Apparently, that makes it difficult for options traders. Why is that? Why does options volume drop so dramatically when volatility goes down? Should I wait to trade options before volatility/vega goes up? Thanks for your help.
56 min
October 02, 2012Options Bootcamp 8: It’s All Greek to Me
Options Bootcamp 8: It's All Greek to Me
Basic Training: Time to revisit the Greeks:
Delta - The chief Greek
Gamma - The rate of change of Delta, as the underlying stock changes, but sometimes overwhelming to beginners.
Theta - Time decay. The rate of change of an option given a change in the time to expiration.
Vega - The king of the Greeks. The rate of change of an option price, as a result of change in implied volatility.
What is the difference between a retail and professional options trader?
Mail Call: Reaching out for a bootcamp lifeline.
Tweet from Tex05: Mark, why do you always say that retail options traders trade Delta and professionals trade Vega?
Email question from Evan - Atlanta, GA: Can you guys explain the importance of dividends to an options trader? That seems particularly important given the recent snafu over SPY dividends. Why are dividends important to options traders and how should it affect my options trading?
Facebook question from Mike Debrasse: I'm hearing a lot about this being a "low volatility environment." Apparently, that makes it difficult for options traders. Why is that? Why does options volume drop so dramatically when volatility goes down? Should I wait to trade options before volatility/vega goes up? Thanks for your help.
56 min
September 12, 2012Options Bootcamp Episode 7: Back to Basics
Roll Call: Mark and Dan introduce the newest Drill Instructor, John Critchley from SogoTrade. Find out more about SogoTrade, from its philosophy to its commission structure.

Basic Training: What you need to know

Why should someone trade options?

What's in it for different levels of traders?

Will you be able to drive a Maserati tomorrow?

How options work: the honest breakdown.

Believe it or not, options can actually reduce risk.

The negative connotation of derivatives.

The concept of the multiplier.

Why trade options?

Mail Call: Giving listeners a chance to steer the discussion.

Can you exercise options early?

What happens when options are exercised?

How options settlement works.

When is premium credited to an account?
48 min
September 12, 2012Options Bootcamp Episode 7: Back to Basics
Roll Call: Mark and Dan introduce the newest Drill Instructor, John Critchley from SogoTrade. Find out more about SogoTrade, from its philosophy to its commission structure.

Basic Training: What you need to know

Why should someone trade options?

What's in it for different levels of traders?

Will you be able to drive a Maserati tomorrow?

How options work: the honest breakdown.

Believe it or not, options can actually reduce risk.

The negative connotation of derivatives.

The concept of the multiplier.

Why trade options?

Mail Call: Giving listeners a chance to steer the discussion.

Can you exercise options early?

What happens when options are exercised?

How options settlement works.

When is premium credited to an account?
48 min
June 19, 2012 Options Bootcamp 6: Complex Spreads
Options Bootcamp 6: Complex Spreads Basic Training: Today we're going to dive into complex spreads. What are complex spreads? We're usually talking multi-leg spreads. Calendars are when you buy and sell a call/put at the same strike price, but in a different month. Diagonals, a combination of a vertical and horizontal spread, can be a proxy to a covered call. The concept of the ratio, 1-to-1 on a simple spread, but you can play with the ratio. A stock repair strategy using diagonals, ratio risk reversals and collars. Roll Call: Mark and Dan sit down with Craig Pinkston, Senior Director of Operations at Zecco. Mail Call: Does the Theta decay occur just at open/close or is it a gradual decay throughout the day? (Via Facebook from Jason Cruz)
46 min
June 19, 2012 Options Bootcamp 6: Complex Spreads

Options Bootcamp 6: Complex Spreads

Basic Training: Today we're going to dive into complex spreads. What are complex spreads? We're usually talking multi-leg spreads. Calendars are when you buy and sell a call/put at the same strike price, but in a different month. Diagonals, a combination of a vertical and horizontal spread, can be a proxy to a covered call. The concept of the ratio, 1-to-1 on a simple spread, but you can play with the ratio. A stock repair strategy using diagonals, ratio risk reversals and collars.

Roll Call: Mark and Dan sit down with Craig Pinkston, Senior Director of Operations at Zecco.

Mail Call: Does the Theta decay occur just at open/close or is it a gradual decay throughout the day? (Via Facebook from Jason Cruz)
46 min

About Options Boot Camp

From the publisher's feed

Options Boot Camp is designed to help get you into peak options trading shape by teaching you options trading inside and out, basic to complex. Listeners can even submit their own options questions to…