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Options - Module 6

Building an options strategy

Structures as rule sets - spreads, covered positions - tested with realistic fills and expiry handling. Expectancy when the payoff is non-linear. Teaches evaluation of structures, never recommends one.

9 lessons, about 58 minutes - membership content: each lesson shows its summary free

  1. 1What an options strategy actually is6 min
  2. 2The defined-risk structures7 min
  3. 3Why expectancy breaks on options7 min
  4. 4Outcome bucketing: evaluating a non-linear payoff7 min
  5. 5Costs and the Greeks in the test7 min
  6. 6Max-loss sizing in the test6 min
  7. 7The sample problem: rare payoffs, thin evidence6 min
  8. 8The assembled options test6 min
  9. 9Deciding whether an options rule is worth trading6 min