I created this section in order to answer the most frequent questions and make the most detailed review of my course "Options". Study it carefully before paying for the course to assess the workload and your own strength. I would like you to be able to make the most of your training.

The "Options" course is created for experienced market participants and all students who have completed my Base and "Trading". Get it straight: there is no technical analysis in the course! We are not going to learn to look for signals on the underlying asset by using levels, indicators and oscillators. You should already be able to do this and feel pretty confident in the stock market.



The "Options" course is designed for 5 weeks:

2 weeks of theory with homework that needs to be practiced on the IB demo account.
Module 1: video on the terminal, lessons 1-3, the first homework on the calculation of the Greeks.
Module 2: Lessons 4-6.1, homework on the selection of an underlying asset and a Call or Put option that you would buy or sell.
Module 3: lessons 6.2-6.5, homework for each lesson on the selection of the underlying asset and option strategy.
Module 4: Lessons 6.6-6.7, 7-8.
3 weeks of practice, during which I will show you how to select signals, and then you yourself will look for signals, have them checked and practice them on a REAL account on IB.
The practice takes place in Telegram chat and on the platform.


Theory

On the platform you will find the main lessons on the program, videos on the terminal and the application, summaries, guides, files with the most popular questions and answers to them.

Theory program

• Here's an instruction on how to use the training platform. Be sure to study it in order to immediately solve all possible technical issues.
• Section on the Chatium mobile application. I advise everyone who will take the course on a mobile device to study it.
• Section "How the course works" is a must-read! You will find information on the course there, its order, as well as the current schedule of training modules and the dates of homework assignments in your group.

Lesson on the TWS terminal

We are getting acquainted with the TWS terminal, customizing the desktop of the terminal for options trading.

Task: there is a task to customize the TWS terminal.
Video duration: 11:36.
Lesson summary: No lesson summary.
Additional materials: study guide "How to open a brokerage account on IB", "How to deposit funds into a brokerage account in rubles", "How to to deposit funds into a brokerage account in dollars".

Lesson 1

At the beginning of the course, we will get acquainted with the basic concepts on the topic of options: option, strike, premium, expiration date, options board.

Task: No.
Video duration: 11:56.
Lesson summary: there is a lesson summary.

Lesson 2

We get acquainted with the characteristics of options: the time value of options and the intrinsic value of options, as well as the liquidity of options.

Task: No.
Video duration: 7:36.
Lesson summary: there is a lesson summary.

Lesson 3

We analyze the Greeks of options: delta, gamma, theta, vega. We learn to calculate the Greeks on the example of the underlying asset. We learn to search for Greeks in the broker's trade desk and application.

Task: there is a task to calculate the Greeks on a real example of the underlying asset.
Video duration: 8:41.
Lesson summary: there is a lesson summary.

Lesson 4

We study volatility: the concept, types (historical and implicit volatility of the underlying asset and option), the volatility "smile".

Task: No.
Video duration: 7:54.
Lesson summary: there is a lesson summary.

Lesson 5

We learn to buy and sell of Call and Put options. We discuss where to put a stop-loss and take-profit when buying an option of one of the types.

Task: there is a task for selecting the underlying asset and selecting an option for signal practicing, calculating stop-loss and take-profit when buying an option.
Video duration: 20:10.
Lesson summary: there is a lesson summary.
Additional materials: there is a video on buying an option in the TWS terminal, video on buying an option in the IBKR/Handy Trader application.

Lesson 6 (6.1-6.7)

We learn option strategies: hedging a long-term position, straddle, strangle, vertical spreads, iron condor, butterfly, broken wing butterfly. We learn how to open strategies and select the underlying asset for them.

Task: for each strategy, with the exception of hedging, there is a task on the selection of the underlying asset and an option strategy.
Video duration: 50:07.
Lesson summary: there is a lesson summary to every strategy.
Additional materials: there is a video on opening of every option strategy in the TWS terminal, video on buying an option in the IBKR/Handy Trader application.


Lesson 7

We study options rolling, how to transfer a position by expiration date or strike.

Task: No.
Video duration: 2:46.
Lesson summary: there is a lesson summary.
Additional materials: there is a video on rolling an option in the TWS terminal, video on buying an option in the IBKR/Handy Trader application.

Lesson 8

We will discuss what taxes you need to pay when trading options, how you need to report to the Federal Tax Service if you have a foreign brokerage account.

Task: No.
Video duration: 6:22.
Lesson summary: there is a lesson summary.
Additional materials: study guide "How to notify the Federal Tax Service about the opening/closing of a foreign brokerage account", "How to file a cash flow report", "How to fill in the 3-NDFL correctly when trading options".


The whole course is designed in such a way that if you follow the sequence of training, you will immediately hone your knowledge practically!


PRACTICE
3 weeks after having theory.


There are two platforms to practice on the course "Options": a platform where you had the theory, as well as a Telegram chat and an educational channel with news on the educational process.

We practice from Monday to Friday from 10:00 to 22:00 Moscow time.
The educational Telegram channel will publish organizational information, news, assignments for the first week of practice, the best signals of students.

Telegram chat is your small working group (20 people each). Since the course is difficult and very practical, I decided to change the feedback format in practice. I have never had this on any of my courses! One mentor will be assigned to each study group, who will guide you in practice from start to finish.


1st WEEK OF PRACTICE

Practice from ME (Lana Nagornaya)! Throughout the trading week, I will give signals on the underlying asset, examples of the selection and calculation of options for them. You will track and trade them yourself!
Essential! This is not a joint trade, and I will not announce the entry point! You have to learn how to practice the signals with options yourself. Because you already know how to work with the underlying asset. If you don't know how, then you came to the options course too early.

Every day in the first week I will give you one fully explained signal. Thus, it will be easier for you to concentrate and track the logic, working on the quality of trading, rather than on the number of transactions at the beginning of your option path.

I will look for signals on the spot, so it can be both signals for naked Call and Put, and signals for option strategies. There I will do everything myself: write in the signal, at what premium price to enter, at what price to mark stop and take. Analyze these signals, they, as well as theoretical tasks, will help you when independently searching for signals and transferring them to options.


2nd AND 3rd WEEKS OF PRACTICE

Practice from students!
Practical task includes instructions on formulation of the completed task, as well as an example-instructions for completing a report on a signal.
The task is LIMITED IN TIME! Mentors check those signals that were done ON TIME.


SUMMARIES AND STUDY GUIDES

In the course "Options", in addition to video tutorials and bonus materials, you will find a large number of summaries of different volumes. I tried to design the course in such a way as to provide you with the maximum necessary information, but not to load it too much and present the material simply and clearly.

Some guides are very voluminous! You will need time to study them. Please, for the most effective training, do not ignore them!

ALL MATERIALS ARE PRESENTED IN THE FORM OF FILES THAT CAN BE DOWNLOADED, SAVED TO YOUR DEVICE AND PRINTED OUT IF YOU PREFER TO WORK WITH PAPER-BASED MEDIA.