Option Planet: Options for Traders

An options course aimed to equip you with all the tools necessary to dive in to complex option strategies. While this is the most basic class we offer, it is not beginner-level class. This 6-hour free class will cover:

Practical order routing techniques
The relationship between stock and options
Call and put writing
The intrinsic and extrinsic value of options

Calendar and vertical spread criteria and execution
Option and equity order entry
Greeks
Step-by-step demonstrations of how to enter and execute everything taught
... and a lot more

If you are not already trading on the thinkorswim platform, an affiliated company of Option Planet, we recommend you download the free software trial from www.thinkorswim.com before attending.

Prerequisites

The Options for Traders course jumps into the deep end of the pool, so we recommend that you get your feet wet before you attend. Check out the list of topics below, but if you still have questions, let us know.

Terminology

We recommend that you have an understanding of the following terms:

Calls
Puts
Volatility
In the Money
Intrinsic Value

Equity
Index
Naked (yes, this is for real)
At the Money
Out of the Money
Extrinsic Value

Reading

We recommend having read the following:

Options as a Strategic Investment by Larry McMillan
Option Volatility & Pricing: Advanced Trading Strategies and Techniques by Sheldon Natenberg

Cost

This class is free of charge.

Bringing a Guest

We encourage you to bring your friends, family members and colleagues, although we do ask that they register prior to the class, so that we can provide enough seating.

Laptops

You do not need to bring your laptop, as all in the class will be viewing several large screens in the front of the classroom. You are free to bring your laptop, although we cannot guarantee that the class venue will have wireless capabilities.

Food and Beverage

We will be providing coffee and tea service at this class.

Parking

As each venue is different, please inquire with the specific location of your class about the cost of parking.

Lodging

We do not have any prearranged room rates with any area hotels.

Options involve risk and are not suitable for all investors. See the characteristics and risks of standardized options.

Option Planet is an education company operated as a division of thinkorswim Advisors, a registered investment advisor and a member of the thinkorswim Group. We go beyond the basics of investment education to provide free options education classes across the country and around the world. Specializing in teaching non-directional option trading from the perspective of veteran floor traders, Option Planet hosts intermediate and advanced option strategies, covering everything from volatility and option pricing to complex option strategies and complete position management.