Option Planet


Options in your IRA

View Complete Class Schedule

Learn defined-risk option strategies that can be used alone or in conjunction with a stock and mutual fund portfolio in your IRA. And stick around for the “how to’s” of order entry and execution. This is an intermediate-level class and we recommend having a working knowledge of option trading. It would also be helpful to have attended the Options for Traders class as well. This 6-hour free class will cover:

  • Selling puts to buy stock - the how's and why's
  • Learning how to collar positions (selling a call, buying a put)
  • …and much more
  • Enhancing your return by selling calls and credit spreads against your long stocks
  • Using synthetic relationships to manage risk and reduce costs
  • How to practically apply these principles using advanced technical tools

If you do not yet use the thinkorswim software, we recommend you download the free software from www.thinkorswim.com before attending the class.

Prerequisites

In keeping with all our classes, there are a few things you should know before attending Options in your IRA. It is an intermediate level course, and it moves quickly. Check out the list below before you attend.

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
  • The Greeks
  • Delta
  • Gamma
  • Theta
  • Vega
  • Time and Vertical Spreads

Reading

We recommend having read the following:

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.