Enroll Course: https://www.udemy.com/course/learn-options-trading/
If you’re looking to truly understand the intricate world of options trading, then the “Options Foundation – Time Decay, Implied Volatility, Greeks” course on Udemy is an absolute must-have. This comprehensive program breaks down complex concepts into digestible lessons, making it accessible for both beginners and those looking to solidify their knowledge.
The course is expertly structured into four key sections. Section I, “Time Decay,” brilliantly explains why options are often called “wasting assets.” It highlights how time decay, or Theta, is a critical factor that benefits option sellers and works against buyers. The instructor uses real-world examples, like AAPL options, to demonstrate how this decay accelerates as expiration approaches, acting as the “great equalizer” in risk/reward profiles.
Section II delves into “Implied Volatility and Option Prices.” This is where the course truly shines in demystifying the “wildcard” of option pricing. You’ll learn how Implied Volatility (IV) is quantified, how it embeds itself into option prices, and why it’s crucial for both buyers and sellers. The use of NFLX and CAT options as case studies makes this often-confusing topic remarkably clear.
Section III, “Option Greeks,” is arguably the most vital part of the course. The instructor likens the Greeks (Delta, Gamma, Theta, and Vega) to an aircraft’s instrument panel, and for good reason. Understanding these risk metrics is paramount for successful options trading. The course meticulously explains how each Greek impacts option prices, why Delta is considered “the king,” and how to use them to manage directional risk and “moneyness.”
Finally, Section IV covers “Options Market Structure, Terminology, Market Makers and More.” This section provides essential context, explaining terms like Open Interest, Exercise and Assignment, Bid-Ask spreads, and the role of Market Makers. It also touches upon order types and margin calculations, rounding out a truly complete educational experience.
Overall, this Udemy course is an exceptional resource. It’s well-explained, practical, and covers all the foundational elements needed to trade options with confidence. Whether you’re just starting or looking to refine your strategy, mastering these concepts is key, and this course delivers.
Enroll Course: https://www.udemy.com/course/learn-options-trading/