Why this course?

Description

Option Hydra is an online mentorship program for option traders (Beginner level & Intermediate) who you want to explore the world of options with deeper insights and gaining knowledge on properly applying the option strategies properly.

Tools Used

Option Action - Options Analysis Tool
Tradingview - Equity Market Charts
Amibroker - Futures and Option Charts
Ninjatrader 8 ( 6 hours of addon course is included with this bundle)

(Data Subscription Required)

For Enquiries / Support contact +91 9731510481

What is Covered in the Course?

 

Introduction to Options

 

Session 1 - Understanding Option & Basic Option Terminologies

• Option Buyer Vs Option Sellers
• Option Terminologies (Strike Price, Open Interest, Lot Size, Option Chain)
• Different Types of Option Contracts
• Understanding How Institution Hedge their Positions
• Debit Strategies Vs Credit Strategies
• Understanding ATM, ITM & OTM Option
• Intrinsic Value Vs Extrinsic Value (Time Value)
• Which Strike Price One should Select - Trading Scenarios

Session 2 - Understanding Payoff Graph, Margin Requirement for Various Trading Strategies

• Introduction to Option Pricing
• Introduction to F&O Margin Components
• How to use the Margin Calculator and Importance of use the Margin Calculator
• New Margin Calculation as per SEBI regulations
• Cash Secured Put Strategy for Investors
• Exercising Options (European Options Vs American Options)
• Cash Delivery Vs Compulsory Physical Delivery
• How to Interpret the Open interest Charts
• How to take a view using Open Interest and Price Structure
• Understanding Theta Decay
• Weekly Options Vs Monthly Options
• Understanding the Payoff Graph of Long Call Options and Long Put Options
• Understanding the Payoff Graph of Short Call Options and Short Put Options

Session 3 - Understanding Top-down Approach, Volatility, Implied Volatility

• How to Apply Top-down approach to take an objective view in the Market
• How to Understand the Market Structure?
• How to get a Trading Perspective?
• Importance of Measuring the Volatility
• Understanding Implied Volatility
• Realized Volatility Vs Unrealized Volatility
• Introduction to Volatility Skew
• How to retrieve historical option data open interest from NSE india portal
• Importance of reading India VIX

Session 4 - Event Trading, Volatility Skew, IV Percentile, and IV Rank

• IV percentile & IV Rank
• Classification of Strategies with IV percentile
• Event Trading and the Options Premium Behavior during Events
• Implied Volatility Crush during Event
• How to trade Options during event
• Simple Price Action Pattern in Trading Events
• How to Trade Post Market Event and How to Trade Ongoing Event
• How to Design your options Strategy and efficiently manage your Margin Requirements
• Different Market Participants and How to read Open Interest data of various Market Players

Session 5 - Option Greeks and Hedging

• Understanding the Option Greeks
• Importance of Option Greeks and Option Premium Behavior (Useful for Option Buyers & Option Sellers)
• Option Price Behavior Vs Underlying Price Behavior
• Impact of Gamma on Options Impact
• Lottery tickets on Expiry and Emotional Trading Sentiment on Expiry Day
• Understanding Nifty IV and IV Percentile Graph
• Call Side Volatility Skew Vs Put Side Volatility Skew
• Speculations of Stock Options and How to benefit from the behavior
• Q&A Session

Introduction to Option Strategies

 

Session 6 : Vertical Spreads, Ladders & Covered Call Strategies

• Understanding Bull Call Spread & Bear Put Spread
• Understanding Bull Put Spread & Bear Call Spread
• Trading Scenarios for various trading strategies
• What-If Scenarios for Vertical Spread
• Strike Price Impact due to Corporate Action
• How to Select Optimal Strikes for Vertical Spread
• Understanding OI Live and OI EOD to measure the Institutional Positions
• Margin Requirements for Vertical Spreads
• Vertical Spreads vs Ladder Strategies
• Covered Call Strategies
• Best Trading Practices for Executing Vertical spreads

Session 7 : Calendar Spreads and Diagonal Spread Strategies

• What is Synthetic Covered Call
• Understanding Vertical Spread, Calendar Spread and Diagonal Spreads
• Expiry Trading Vs Calendar Spread and Diagonal Spreads
• Margin Requirement for Calendar Spreads and Diagonal Spreads
• Leap Options, Liquidity in Options
• How to achieve consistent returns and reduced risk using Option Spread Strategies
• Understanding Payoff Graph for Diagonal Spreads and How to select Option Strikes
• Constructing Safer Strategies using Spreads, Risk-Reward Analysis
• Income Trading Strategy Double Diagonal Spreads
• Income Trading Strategy Double Calendar Spreads
• Best Trading Practices and Learning from Mentor Experience
• Reverse Calendar Spreads - Neutral Strategies

Session 8: Straddles, Strangles, Long Butterfly & Iron Condor Strategies

• What is Volatility?
• Volatility Trading Principles
• What makes the market to go sideways?
• Policy Measures and Market Reaction to the Policy Measures
• Trend Vs Balance
• How to Execute Option Strategies for Small Accounts to get Reduced Margin Benefits
• Why Leveraged Strangles and Strangles are Dangerous to Execute
• Margin Requirements for Straddles & Strangles
• How to use the Option Spread AFLs (Requires Amibroker)
• Implied Volatility and Standard Deviation Move Calculation

Session 9 : Twisted Sister, Chicken Iron Condor and Framework for Designing Option Strategies

• When to Execute Twisted Sister Trading Strategy
• Margin Requirement for Twisted Sister Trading Strategy
• Twisted Sister Vs Jade Lizard
• Chicken Iron Condor and Variation of Chicken Iron condor
• Collar Options Trading Strategy
• Framework for Designing Option Strategies

Session 10 : Introduction to Option Adjustments

• What is Option Adjustments
• Importance of Option Adjustments
• Debit Spread Adjustment
• Credit Spread Adjustment
• Probability of ITM
• Best Trading Practices and How to manage the risk

Program Fee

Rs.12,500
(Inclusive of all Tax)

What Access is Provided Along with the Course

• 1 Year Access to Current Option Hydra Basic Module and Access to Previous Option Hydra Session (Recent & Previous Session)
• Access to Slack Community Chat
• Complimentary access to Ninjatrader 8 - mini-course
• Complimentary access to Things you need to know about Full-time trading - mini-course