Options Mastery #2: Business of Options & Verticals

More sample videos coming soon...

More sample videos coming soon…

Business of Options & Verticals Options Mastery Course Logo

Course Difficulty:

Course Difficulty Level 3

This course is recommended for people who have been studying the stock market for at least 1 year and have knowledge about how the stock market works.

Recommended Prerequisites: Options Mastery #1: Foundation

Get Options Mastery: Business of Options & Vertical Spreads Course

35 Videos, 22+ Hrs of Training, & 140+ Page Study Guide

COURSE ONLY

Get lifetime access to the course and watch at your own pace. Includes a digital study guide and a 30-day money-back guarantee

$599

COURSE + COACHING SESSION

Get lifetime access to the course and get a coaching session at a discount. Includes a video recording of your coaching session.

$749
If you have an account then you can login first before purchasing! All buyers will get instant online access after purchase. If you don’t receive your registration details within 30 mins please check your spam box or contact us and we will manually setup your account. This course or item is for online access only. Physical copies, disks, dvds, or printed material are NOT shipped with this course.

Overview of the Options Mastery: Business of Options & Vertical Spreads Course

See a detailed breakdown of each video and what you will learn

Business of Options and Verticals Options Mastery Course Thumbnail for Module 1 Intro to the Course

Video 1: Introduction to the Course

Run time: 11 mins 21 secs

Module #1 is an introduction to the course.

  • We cover the big picture mindset that you should have when trading options
  • How education plays a large role in your success with options
  • The process that many people go through to learn the business of option trading and how you should do it differently
Business of Options and Verticals Options Mastery Course Thumbnail for Module 2 Tools & Platform You Need

Video 2: Tools & Platform You Need

Run time: 13 mins 04 secs

In this module we focus on the three things that you need to get started with trading options. Topics we will cover include:

  • Recommended internet speeds and connection for trading options
  • How much trading capital is recommended to start trading options
  • The necessary requirements of your trading platform to trade options effectively
Business of Options and Verticals Options Mastery Course Thumbnail for Module 3 Words of Wisdom & Why People Fail with Options

Video 3: Words of Wisdom & Why People Fail with Options

Run time: 18 mins 07 secs

In this module I share with you some words of wisdom and things to watch out for as you get into trading options. We cover topics such as:

  • The leverage mindset that people have when they first start trading options
  • Educational problems that many people have with option trading
  • How to properly think about setting up a trade with a plan and treat option trading like a business
Business of Options and Verticals Options Mastery Course Thumbnail for Module 4 What Type of Trades You Can Do with Options

Video 4: What Type of Trades You Can Do with Options

Run time: 7 mins 40 secs

When it comes to options there are various types of trades that you can create and setup. In fact, the type of trades that you can create are unlimited. Here are some of the topics we cover in this video:

  • Why options were created and the variations of trades you can create with options
  • How options can give you virtually an unlimited number of trade setups
  • How options can make you money even if the stock does not move from theta decay
Business of Options and Verticals Options Mastery Course Thumbnail for Module 5 Three Parts to an Option Portfolio

Video 5: Three Parts to an Option Portfolio

Run time: 10 mins 33 secs

In this video we focus on the three parts to creating an options portfolio and the different ways you can structure your personal portfolio. In this video you will learn:

  • The three components to your portfolio when trading options
  • The type of portfolio that is best to have when you are getting started with options
  • How to think about your portfolio allocation as you put on trades
  • Why you need to look at your own risk tolerance before creating a portfolio
Business of Options and Verticals Options Mastery Course Thumbnail for Module 6 Intro to Trading Options Like a Business

Video 6: Intro to Trading Options Like a Business

Run time: 55 mins 08 secs

When you start looking at trading options like a business, this is where you shift your view from trading as a hobby to making trading work for you! In this video you will learn:

  • The two main components that grow any business including the option business
  • To start seeing where you can make more money from a business perspective
  • Why consistency is a critical key to long-term profitability
  • Why your goal is not to find the golden goose, but to learn how to improve what it is you are doing
  • How being self-aware helps you improve faster
  • Key questions to ask yourself if you are not trading consistently or profitability.
Business of Options and Verticals Options Mastery Course Thumbnail for Module 7 Trading Options Like a Business

Video 7: Trading Options Like a Business

Run time: 32 mins 11 secs

In this video we get away from looking from a general business perspective and start looking at the core of how an options business works. The topics that we cover in this module includes:

  • Business concepts to selling option premium
  • How segments within the insurance business like auto, health, and home insurance operate and why option trading is similar
  • The process of selling option premium at the upper and lower ranges of your stock price
Business of Options and Verticals Options Mastery Course Thumbnail for Module 8 Why Adjustments are Key to Success

Video 8: Why Adjustments are Key to Success

Run time: 54 mins 01 secs

Not every trade will work perfectly, so it is important to know how to adjust a position when it goes against you. In this video lesson we will cover:

  • Why adjustments are important when it comes to option trading
  • Why doing too many adjustments could create a problem for your portfolio
  • The right amount of adjustments to your portfolio at any given time
Business of Options and Verticals Options Mastery Course Thumbnail for Module 9 The Big Picture of Trading Options

Video 9: The Big Picture of Trading Options

Run time: 35 mins 11 secs

Module #9 is about sharing the big picture behind trading options and trading vertical spreads. In this module we cover topics such as:

  • Risk to reward ratios for selling insurance premiums and how this relates to trading options
  • Various position setups when it comes to risky, normal, and safe trades
  • How the management and taking profits of your options allows you to reduce your risk and brings you higher profitability
Business of Options and Verticals Options Mastery Course Thumbnail for Module 10 Growing as a Trader

Video 10: Growing as a Trader

Run time: 28 mins 02 secs

Module #10 is about growth and development as an options trader. It is about looking at yourself and how to properly grow personally within this business. In this module we cover topics such as:

  • The growth process of improving within options through time
  • How many contracts you might want to start with and the time frame to increasing the contract size
  • The different stages you might go through personally as you learn options
  • How many adjustments and the type of trading you should do when you are just getting started
Business of Options and Verticals Options Mastery Course Thumbnail for Module 11 Profit Potential & Growing your Account

Video 11: Profit Potential & Growing Your Account

Run time: 32 mins 54 secs

In this module we take a look at the profit potential that you can make when it comes to various option trades and get into growing your account. In this module you will learn:

  • The growth process behind fine tuning a strategy and improving it
  • Why having a higher frequency of trades can improve your financial growth
  • The impacts that the percentage of your wins will have on your account
  • Why reducing your drawdowns is important to growing your account
Business of Options and Verticals Options Mastery Course Thumbnail for Module 12 Long Term Profit Potential

Video 12: Long Term Profit Potential

Run time: 42 mins 11 secs

In this video we take a look at the long term growth potential for your account across multiple years within Microsoft Excel. In this module we cover the following topics:

  • A realistic view to calculating your financial growth across multiple years based on your percentage of return
  • How compounding each month helps accelerate your financial growth
  • How to estimate the time it takes for you to achieve your trading goals
  • How the growth curve is different when you have a large or a small account compared to your daily life
Business of Options and Verticals Options Mastery Course Thumbnail for Module 13 Option Prices & the VIX Effect

Video 13: Option Prices & the Vix Effect

Run time: 69 mins 09 secs

Module #13 focuses about how options are priced and how the VIX and volatility effects those prices. In this video you will learn:

  • The 3 primary things that determine an options price
  • How the VIX plays a key role to pricing options
  • When should you be a seller of options vs a buyer of options based on the VIX
  • How to evaluate volatilities on a variety of stocks and understand their pricing
Business of Options and Verticals Options Mastery Course Thumbnail for Module 14 Basic Options: Calls & Puts

Video 14: Basic Options: Calls & Puts

Run time: 47 mins 11 secs

In module #14 we take a look at the profit pictures behind calls and put options and how they work so that we can build on these concepts in the future. Topics we will cover include:

  • Reviewing the profit picture for a stock
  • The profit picture for a call option and how a call option works
  • The profit picture for a put option and how it works
  • Why people buy single call or put options and why you should avoid single options
Business of Options and Verticals Options Mastery Course Thumbnail for Module 15 Dangers of Buying Single Contracts

Video 15: Dangers of Buying Single Contracts

Run time: 36 mins 56 secs

In module #15 we go on screen to look at the dangers behind single option contracts. The topics we will cover in this module include:

  • The risk profile picture for a single call and put option.
  • We look at multiple examples and evaluate the delta, gamma, theta, and vega within buying single option contracts.
Business of Options and Verticals Options Mastery Course Thumbnail for Module 16 Selling Puts & Calls for Premium

Video 16: Selling Puts & Calls for Premium

Run time: 29 mins 56 secs

Module #16 is focused on selling puts and calls for premium. This is where we get into trading options with the right approach and putting things together from the earlier lessons. In this video we cover the following topics:

  • What the profit picture looks like to selling a call and selling a put
  • The basic option greeks behind selling option premium
  • How to have time decay work in your favor when you are trading options
Business of Options and Verticals Options Mastery Course Thumbnail for Module 17 Win Lose Scenarios for Single Options

Video 17: Win/Lose Scenarios for Single Options

Run time: 32 mins 43 secs

In this module we look at the win and lose scenarios for single options when it comes to buying an option vs selling an option. The lessons we cover include:

  • Tip to remember the profit picture for buying a call or put vs selling a call or put
  • The win and loss outcomes for buying and sellings puts and calls.
  • Looking on screen and comparing buying a put or call and selling a put or call
Business of Options and Verticals Options Mastery Course Thumbnail for Module 18 Intro to Vertical Spreads

Video 18: Intro to Vertical Spreads

Run time: 28 mins 05 secs

In this module we get into the basics behind vertical spreads and what the profit picture looks like. In this video we discuss:

  • The profit picture of a vertical spread vs a simple call option
  • Win / Lose outcomes for vertical spreads
  • The craving for unlimited profit potential when it comes to single call contracts
  • Healthy and realistic movements within a stock
  • How the core of our option business stems from the strangle
Business of Options and Verticals Options Mastery Course Thumbnail for Module 19 How Verticals are Constructed

Video 19: How Verticals are Constructed

Run time: 53 mins 53 secs

In video #19 you will learn how verticals are constructed. In this module we get into combining a multi-leg strategy so that you see how a dynamic trade is created from buying and selling options. We cover the following topics:

  • How a vertical spread is constructed
  • How to widen the vertical spread by manipulating the strike prices
  • Where to position or start your vertical position
  • How many days out should you get into vertical spreads
  • How to setup a balanced vertical spread where your risk to reward is 50% / 50%
Business of Options and Verticals Options Mastery Course Thumbnail for Module 20 Selling Verticals

Video 20: Selling Vertical Spreads

Run time: 51 mins 48 secs

In module 20 we focus on selling vertical options and get into looking on screen at why you typically want to be a net seller of option premium. In this video we cover:

  • The review of the strangle and how it is the core to selling option premium including verticals
  • How to create a selling vertical strategy within a trading platform
  • How you can combine selling multiple vertical strategies from the call and put side to make more money and create even more advanced strategies such as the iron condor
Business of Options and Verticals Options Mastery Course Thumbnail for Module 21 Big Picture of Trading Verticals

Video 21: Big Picture of Trading Verticals

Run time: 36 mins 49 secs

In module #21, we get into the big picture overview of trading verticals and the flexibility behind them. In this video we cover the following topics:

  • Variations of different trade setups and compare them to the vertical spread
  • The capital requirements and differences for the different types of trade setups
  • Comparing the risk to reward scenarios based on the capital you use on a per trade basis
  • How to vertical can be adjusted to compensate for the risk you want to take on
Business of Options and Verticals Options Mastery Course Thumbnail for Module 22 Finding Vertical Trades & Setup

Video 22: Finding Vertical Trades & Spreads

Run time: 73 mins 11 secs

In this module we focus on finding vertical trades and setup opportunities. In this video you will learn:

  • The critical things to check prior to placing an order for your vertical spread
  • How to spot liquidity issues and problems within certain options
  • How implied volatility plays a role within selecting your option contracts
  • My favorite stocks and indexes to trade options on
Business of Options and Verticals Options Mastery Course Thumbnail for Module 23 How to Study as We Do Reviews

Video 23: How to Study & Take Notes as We Do Trade Reviews

Run time: 8 mins 47 secs

Module 23 is about sharing with you another variation to taking notes on our positions as we get into entering simulated trades, managing our positions, and taking profits. Within our trade examples we recorded our positions in a chronological order, but you could take your notes based on an individual trade basis.

Business of Options and Verticals Options Mastery Course Thumbnail for Module 24 Intro to Entering Verticals

Video 24: Intro to Entering Vertical Spreads

Run time: 48 mins 47 secs

In module 24 we start entering into our simulated example trades so that you can see how to properly go through the process of managing a vertical spread. In this module we cover:

  • How to properly select a trading vehicle and choose the appropriate strike prices
  • The best time to enter an options trade including the best weekday and time during the trading day
  • How to negotiate and get a better fill rate on your option spreads
  • The maximum amount of positions that you want to trade when you are first getting started
Business of Options and Verticals Options Mastery Course Thumbnail for Module 25 Entering More Vertical Spreads

Video 25: Entering More Vertical Spreads

Run time: 60 mins 31 secs

In this video we continue to enter and put on more vertical trade opportunities for our trade examples. Our key focus with this video is to:

  • Add more positions to our trade examples and simulated trades
  • Choose our stop loss as we create vertical spreads so that we know when to get out
  • Evaluate where our ideal zone is to take profits
Business of Options and Verticals Options Mastery Course Thumbnail for Module 26 Statistical Probabilities

Video 26: Statistical Probabilities

Run time: 32 mins 57 secs

In module #26 we get into statistical probabilities and looking at the chances behind our trades working out and failing. In this video we will cover:

  • Standard deviation basics when it comes to statistics and how it plays a role in stock trading
  • How to evaluate your chance of success before you put on an option spread
  • How to evaluate the potential move of a stock or equity based on the standard deviation
  • How to properly select the strike prices for your options based on the statistical probability of your trade working out in your favor
Business of Options and Verticals Options Mastery Course Thumbnail for Module 27 Big Picture to Adjustments

Video 27: Big Picture to Adjustments

Run time: 34 mins 04 secs

Although we focused on some basic concepts to adjustments earlier, in this module we focus on a bigger picture view to adjustments along with some adjustment problems that you might run into like inversion. In this module we cover:

  • The most dangerous thing that can happen to you when adjusting options!
  • Looking at adjustments for risk reduction – not just a change in position
  • The number of adjustments that is recommended as you are getting started or if you are more experienced with options
  • The external costs to adjustments beyond the financial costs
Business of Options and Verticals Options Mastery Course Thumbnail for Module 28 The Greeks: Verticals

Video 28: The Greeks: Verticals

Run time: 46 mins 23 secs

Video #28 we focus in on evaluating the greek risks such as delta, gamma, theta, and vega on our vertical spreads and positions. In this video we cover the following topics:

  • The core reason you want to watch your greeks when you have active positions in the stock market.
  • How the delta and gamma work together to show you the price risk that you have on your positions.
  • How theta shows you the time risk you have our position and how it works within verticals.
  • Understanding your vega (or volatility) risk and how to get neutrality on your position.
Business of Options and Verticals Options Mastery Course Thumbnail for Module 29 Managing Verticals as a Portfolio

Video 29: Managing Verticals as a Portfolio

Run time: 46 mins 20 secs

In module #29 we focus on evaluating and managing our vertical positions on a portfolio basis. This will give you the big picture view to all your positions at once. In this module you will learn:

  • How to evaluate your trades as a portfolio beta weighted position
  • The adjustments you can make to your portfolio if the market has a sudden change against you
  • Variations on how to hedge and create a neutral position with your portfolio
Business of Options and Verticals Options Mastery Course Thumbnail for Module 30 Daily Review on Verticals

Video 30: Daily Review on Our Verticals

Run time: 46 mins 11 secs

In this video we review the positions that we entered earlier in the course. In this video we cover:

  • Which positions you might want to take profits on to reduce your risk
  • How many contracts or how much of your profit to take off when you are reducing your positions
  • Why you might want to adjust certain positions and not others
  • Which positions you want to be extra careful about and what to watch out for with risk-averse positions
Business of Options and Verticals Options Mastery Course Thumbnail for Module 31 Review & Taking Profits

Video 31: Review of Our Trades & Taking Profits

Run time: 60 mins 55 secs

In video 31, we continue to review our positions across multiple days. The things that we discuss in this module includes:

  • The strategical mindset to managing your portfolio
  • More profit taking concepts within your positions
  • Additional insight to hedging our portfolio against a negative market move
Business of Options and Verticals Options Mastery Course Thumbnail for Module 32 Verticals on Cheap Stocks

Video 32: Trading Verticals on Cheap Stocks

Run time: 12 mins 23 secs

In module #32 we focus on how to setup vertical spread strategies on cheaper or less expensive vehicles. In this video we cover:

  • How theta decay is different on cheaper stocks than expensive stocks
  • How to properly setup your strike prices when there is little selection from the option chain
  • The advantages and disadvantages to trading options on cheaper stocks
Business of Options and Verticals Options Mastery Course Thumbnail for Module 33 Verticals on Expensive Stocks

Video 33: Trading Verticals on Expensive Stocks

Run time: 58 mins 17 secs

In module #33, I will share with you insight to trading option spreads on expensive stocks and the things you should watch out for. We cover topics such as:

  • How to trade expensive stocks even when you don’t have a lot of capital
  • What the advantages and disadvantages are to trading expensive equities
  • How open interest, fills, and bid-ask spreads effect your entries with expensive stocks
  • The problems you may have with volatility and price movements on expensive stocks and how to counteract the problem
  •  
Business of Options and Verticals Options Mastery Course Thumbnail for Module 34 Final Review and Summary

Video 34: Final Review and Summary

Run time: 60 mins 05 secs

In this module we do a final review to the concepts, theories, and trade setups we covered in this course. I strive to hit a few key points from various modules so that you can put the big picture concepts together.

This is a great module to review a few times after you finished the course because it will help you remember the things that we covered throughout the other modules.

Business of Options and Verticals Options Mastery Course Thumbnail for Module 35 Final Words & Thank You

Video 35: Final Words & Thank You

Run time: 15 mins 02 secs

Module 35 is the final module to this course. We wrap up this course with some final words of wisdom along with a few resources that you can use to move forward with your trading education and journey.

Options Trading Panel Overview for ThinkorSwim Thumbnail for Bonus Video

Bonus #1: (Video) Options Trading Panel Overview for ThinkorSwim

Run time: 75 mins 00 secs

This bonus video is a recording of a live class webinar that we had for option traders. The topics that we cover in this section include:

  • Module #1: Introduction to options and my story with learning options
  • Module #2: Why a great panel and software is important – but you don’t need the best
  • Module #3: Big picture overview of the ThinkorSwim platform
  • Module #4: Option Trade Selection
  • Module #5: Advanced option trade grid (spreads, changing columns, option statistics, time & sales)
  • Module #6: Questions and Answers
Risk Profile Pictures for Options & Hedging Thumbnail for Bonus Video

Bonus #2: (Video) Risk Profile Pictures for Options & Hedging

Run time: 90 mins 21 secs

This bonus video is a recording of a live class webinar that we had for option traders. The topics that we cover in this section include:

  • Module #1: How risk profiles and profit pictures work on Paper
  • Module #2 How risk profiles work within the panel & manipulating them
  • Module #3: Playing with different strategies and evaluating risk profiles
  • Module #4: Micro-details (greeks, price slices, shifting date, price, volatility, overlapping trades)
  • Module #5: How to hedge your positions on a portfolio basis using an index like the SPY
  • Module #6: Questions and Answers
Option Greeks & Risks Webinar with Examples Bonus Video Thumbnail

Bonus #3: (Video) Option Greeks & Risks Webinar with Examples

Run time: 86 mins 44 secs

This bonus video is a recording of a live class webinar that we had for option traders. The topics that we cover in this section include:

  • Module #1: Introduction
  • Module #2: What the Greeks tell you and how they work
  • Module #3: Delta: How delta works within stocks and options
  • Module #4: Gamma: What is gamma and how it plays within options
  • Module #5: Theta: How theta plays a huge role in your option decay
  • Module #6: Vega: How volatility effects your option contracts
  • Module #7: Hedging your Greeks and looking at your biggest Greek
  • Module #8: Final Questions and Answers
Business of Options & Verticals Options Mastery Course Study Guide Thumbnail

Bonus: 140+ Digital PDF Page Study Guide Included!

Pages: 140+

Now included – a study guide that outlines and summaries all the videos! In addition, it includes some diagrams from the video examples as well so you can easily reference back.

Get Options Mastery: Business of Options & Vertical Spreads Course

35 Videos, 22+ Hrs of Training, & 140+ Page Study Guide

COURSE ONLY

Get lifetime access to the course and watch at your own pace. Includes a digital study guide and a 30-day money-back guarantee

$599

COURSE + COACHING SESSION

Get lifetime access to the course and get a coaching session at a discount. Includes a video recording of your coaching session.

$749
If you have an account then you can login first before purchasing! All buyers will get instant online access after purchase. If you don’t receive your registration details within 30 mins please check your spam box or contact us and we will manually setup your account. This course or item is for online access only. Physical copies, disks, dvds, or printed material are NOT shipped with this course.

Frequently Asked Questions & Answers

Have any questions about this course? Browse through our FAQ's below...

Options Mastery #2 is focused on teaching you not only to trade vertical spreads and strategies, but give you a core foundation to the options business.

Options themselves can be confusing and putting together the business aspect to trading options with the technical knowledge is extremely difficult and complex.

This course continues to build upon our first introductory course in the series to get detailed into trading option spreads, looking at verticals, selling option premium, and thinking about trading the right way.

Many of the concepts taught in this course can even be applied to future intermediate and advanced option strategies like iron condors, butterflies, and more!

This course is recommended for people who have been study the markets for about a year or longer. Having some basic knowledge or understanding of options is helpful such as our introductory course “Options Mastery #1: Foundation.”

The second course in the Options Mastery series (Business of Options & Verticals) is 22 hours and 10 minutes long. The length of each video module is as follows:

  • Module #1 is 11 mins 21 secs
  • Module #2 is 13 mins 06 secs
  • Module #3 is 18 mins 09 secs
  • Module #4 is 7 mins 40 secs
  • Module #5 is 10 mins 33 secs
  • Module #6 is 55 mins 08 secs
  • Module #7 is 32 mins 11 secs
  • Module #8 is 54 mins 01 secs
  • Module #9 is 35 mins 11 secs
  • Module #10 is 28 mins 02 secs
  • Module #11 is 32 mins 54 secs
  • Module #12 is 42 mins 11 secs
  • Module #13 is 69 mins 09 secs
  • Module #14 is 47 mins 11 secs
  • Module #15 is 36 mins 56 secs
  • Module #16 is 29 mins 56 secs
  • Module #17 is 32 mins 43 secs
  • Module #18 is 28 mins 05 secs
  • Module #19 is 53 mins 53 secs
  • Module #20 is 51 mins 48 secs
  • Module #21 is 36 mins 49 secs
  • Module #22 is 73 mins 11 secs
  • Module #23 is 8 mins 47 secs
  • Module #24 is 48 mins 47 secs
  • Module #25 is 60 mins 31 secs
  • Module #26 is 32 mins 57 secs
  • Module #27 is 34 mins 04 secs
  • Module #28 is 46 mins 23 secs
  • Module #29 is 46 mins 20 secs
  • Module #30 is 46 mins 11 secs
  • Module #31 is 60 mins 55 secs
  • Module #32 is 12 mins 23 secs
  • Module #33 is 58 mins 17 secs
  • Module #34 is 60 mins 05 secs
  • Module #35 is 15 mins 02 secs

Yes – the Options Mastery #2 study guide is 142 pages. It is a digital PDF study guide.

All you have to do is click one of the buttons to start the order process.

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Once the order form is complete, you will be taken to your account page and automatically logged in. Your password and registration details will be emailed to you.

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To access the video course, simply go the courses tab and find the course that you purchased. Once you are there, click the “Watch Now” button to access the table of contents and then click the corresponding video to start playing a video.

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