If you are looking for an options trading tutor, you’ve come to the right place. At Options Trading IQ, we’ve been in education retailing since 2010 and have Tutorials on almost every possible option topic.
If you are new to options, there are four basic strategies you need to learn first:
From there, I suggest you check out Options trading 101 Here’s how to read option prices, margin requirements, option assignments, payout charts, and volatility.
If at this point you are still struggling with some of these concepts, it may be worthwhile to hire an options trading tutor.
We are happy to help you, regardless of whether it is individual coaching or individual coaching Group coursethere are many options.
Option Trading Tutor – Reduce your learning curve
Having a tutor or mentor shortens your learning curve in any area, and options trading is no different.
Even professional athletes have coaches, and it could be argued that having a great coach can make the difference between winning and losing.
When choosing a mentor, be sure to choose wisely.
You can certainly learn options trading yourself. There are many free resources available today, but it will take longer.
Find a trading style
A main problem for beginners is the so-called “Shiny Object Syndrome”, in which they are constantly chasing after the new strategy or idea.
A better process is to focus on 2-3 core strategies and learn them inside and out. Then move on to the more advanced strategies.
Vertical spreads are a good place to start and help you understand key concepts such as: volatility and the Greeks.
This also gives you the opportunity to develop and follow good processes and rules. It’s important to have rules and guidelines for any strategy rather than just making decisions on the fly.
Many beginners are drawn to short-term options because of the high return potential, but keep in mind that high returns come with high risk.
Longer term options tend to move a little slower and are a little more forgiving, which means you don’t have to react as quickly.
Weekly options in particular, move very quickly and need to be watched closely.
Choosing an options trading tutor who suits your trading style gives you the best chance of success.
Disclaimer: The information above applies to For educational purposes only and should not be treated as investment advice. The strategy presented would not be suitable for investors who are unfamiliar with exchange-traded options. All readers interested in this strategy should do their own research and seek advice from a licensed financial advisor.