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Options - Module 5

Options analysis foundations

The underlying's analysis plus the option layer: direction, timing and volatility as three separate judgements. A cheap-looking option and a good trade are different things. Surface-level IV reading here; the full surface in module 8.

9 lessons, about 58 minutes

  1. 1The three judgements an options view requires7 min
  2. 2Why direction is not enough6 min
  3. 3Timing as a judgement6 min
  4. 4Volatility as a judgement7 min
  5. 5Reading the skew6 min
  6. 6The structure expresses the view7 min
  7. 7The common analytical errors6 min
  8. 8The underlying analysis beneath6 min
  9. 9Building an options view7 min