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OPTIONS TRADING CRASH COURSE Learn All You Need to Know About Making Money Trading Options. Earn Passive Income As a Professional Trader By Learning From The Best (2022 Guide for Beginners)

Ned Jenkins

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Table of Contents

OPTIONS TRADING CRASH COURSE ........................................6 Financial Slavery Symptoms ........................................................6 You can take a vacation while knowing that your wealth is still growing. ................................................................................. 10 Few people on the planet are financially secure and selfsufficient. ............................................................................................. 10 CHAPITRE 1 ....................................................................................... 14 THE ESSENTIALS OF OPTIONS TRADING........................... 14 Put and Call ........................................................................................ 14 How the Alternatives Work ....................................................... 19 Chapter 2 ............................................................................................. 22 The Advantages and Disadvantages of Alternatives ...... 22 Chapter 3 ............................................................................................. 27 The Option Contract ...................................................................... 27 The Meaning of Money ................................................................. 33 Unresolved Interest ....................................................................... 35 Making Use of Your Rights ......................................................... 36 Values Extrinsic and Intrinsic ................................................... 37 Leverage Risk .................................................................................... 39 Trading Rules You Should Be Aware Of ............................... 40 CHAPITRE 4 ....................................................................................... 45 OPTIONS TRADER PSYCHOLOGY............................................ 45 You Can Survive the Storm ......................................................... 47 Make No Emotional Decisions .................................................. 48

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Be a little bit mathematical. ....................................................... 48 You are Market-Obsessed ........................................................... 49 Options Traders Are Versatile .................................................. 49 Take a Methodical Approach ..................................................... 50 Managing Your Emotions (Trading Psychology) ............. 51 Fear ........................................................................................................ 52 Greed ..................................................................................................... 53 CHAPITRE 5 ....................................................................................... 54 FUTURES MARKETING................................................................. 54 Plan for Financial Security.......................................................... 55 Plan for Financial Growth ........................................................... 55 Plan for Financial Abundance ................................................... 56 Allocation of Assets ........................................................................ 56 Futures ................................................................................................. 57 Futures Market Classifications ................................................. 58 Foreign Exchange: .......................................................................... 59 CHAPTER 6......................................................................................... 61 FOREX TRADING ............................................................................. 61 Pips and currency pairs ............................................................... 62 Majors ................................................................................................... 63 CHAPTER 7......................................................................................... 68 SWING TRADING ............................................................................. 68 Make sure to set your stop losses when you place your trades. ................................................................................................... 71 Choose a Simple Strategy ............................................................ 72 Begin in One Location ................................................................... 73

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Don't Forget to Include a Stop Loss. ...................................... 73 Trading in Both Directions ......................................................... 73 Maintain a Good Risk-to-Reward Ratio................................ 74 Chapter 8 ............................................................................................. 75 Stock Options Trading .................................................................. 75 ETF Options Vs. Index Options ................................................. 75 CHAPTRE 9......................................................................................... 79 OPTIONS SWING TRADING ........................................................ 79 CHAPITRE 10 .................................................................................... 87 THE CONCEPT OF FINANCIAL LEVERAGE IN OPTIONS TRADING ............................................................................................. 87 CHAPTER 11 ...................................................................................... 94 Advanced Concepts and The Options Greeks .................... 94 CHAPITRE 12 ................................................................................. 102 HOW TO FIND THE PERFECT BROKER............................. 102 CHAPITRE 13 ................................................................................. 109 Binary Options Trading ............................................................ 109 The Advantages of Choosing Binary Options ................. 110 Binary Option Timeframes ...................................................... 113 Weekly Trading............................................................................. 113 Chapter 14 ....................................................................................... 116 Trading with LEAPS .................................................................... 116 LEAPs: The Best Approaches ................................................. 118 Benefits of LEAPS ......................................................................... 119 LEAPS Disadvantages ................................................................ 120 How to Get the Most Out of LEAPS ...................................... 121

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CHAPTER 15 ................................................................................... 123 Most Common False ................................................................... 123 Steps in Options Trading .......................................................... 123 Don't Begin by Purchasing Out-of-Money Call Options. ............................................................................................................... 123 CHAPTRE 16 ................................................................................... 131 TECHNICAL ANALYSIS .............................................................. 131 Chapter 17 ....................................................................................... 139 Strangles and Straddles ............................................................ 139 Chapter 18:...................................................................................... 148 Basic Options Trading Strategies ......................................... 148 CHAPTER 19 ................................................................................... 156 TIPS FOR SUCCESSFUL.............................................................. 156 CHAPITRE 20 ................................................................................. 163 ANALYSIS OF THE SECTOR..................................................... 163 CHAPITRE 21 ................................................................................. 169 OPTIONS FOR SALE .................................................................... 169 CHAPTER 22 ................................................................................... 176 Risk Management ........................................................................ 176 CHAPITRE 23 ................................................................................. 185 ADVANCED CONCEPTS AND VOLTALITY ........................ 185 CHAPITRE 24 ................................................................................. 194 THE IRON CONDOR..................................................................... 194 CHAPITRE 25 ................................................................................. 201 MANAGEMENT OF MONEY ..................................................... 201 Conclusion ....................................................................................... 202

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OPTIONS TRADING CRASH COURSE Introduction Financial Independence

Many people want it, but only a few have it. This is due to the secrets.Those who have it are very protective of the process of obtaining it.The book exposes one accurate and dependable way to earn money, independence, and security. It would help if you exercised control over how you live your daily life.

Financial Slavery Symptoms The first active step required to begin a journey toward financial freedom is recognizing that you are not financially secure or free. Unfortunately, some people find this pill challenging to swallow, so they avoid acknowledging it. Despite overwhelming evidence in favour of the stateIt is not about undermining your integrity or bringing you down.It is about providing you with a foundation to build your financial future for which you require security. This understanding is necessary to show you where you are in current financial situation and your resources to develop a plan. The following circumstances bind many people to financial slavery:

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People who live paycheck to paycheck do not have an emergency fund and are likely to have credit card debt due to having to subsidise their expenses that exceed their income. Many people live in this manner. More than 40% of American households could not cover a $400 unexpected cost such as medical bills or car repairs in 2017. Not having enough saved up to sustain their lifestyle if they lost their job: People like this do not have enough money accumulated to take time away from working daily. That is why most people are stuck in careers and jobs that they despise. They rely on their salary to keep a roof over their heads and food in their stomachs, so they put up with the circumstances that make them unhappy. Being unable to pursue the activities and adventures that bring happiness while saving and accumulating wealth: These people are trapped in a cycle of trading their daily hours for money. They can still not enjoy the money they earn because it is insufficient to cover their expenses. Inflexible schedules: Most people are trapped in a cycle of daily going to work and returning home and so on. They must devote this time to earning the desired income and becoming enslaved to their jobs. Inability to retire comfortably at the expected age: The average retirement age around the world is 65 years old. Numerous people, however, are not expected to live even 20 years past that age. That leaves little time to enjoy a life free of accumulating all the wealth you require. Unfortunately, most people do not retire with enough money to enjoy the things they desire after

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retirement. Others must continue to work even after reaching this age to support themselves. Financially secure people can retire at any age they want rather than being forced to do so by others. They also have the capital to do whatever they want while still receiving income on a more passive basis. Spending more money than you earn: This is due to people wanting to live the lifestyle they want but being unable to afford it, or people needing to subsidise their income to meet their needs. You can't have more money going out than coming in if you want to build wealth. You have a budget based on your salary, having an expense list that exceeds your net income. Carrying a credit card balance, having rent or mortgage that is more than 30 percent of your net income, and buying things to impress or keep up with other people are all signs that your income exceeds your spending. Are you a slave to your bank account? Would you like to spend your time differently while still earning a consistent and growing income? Can you, for example, use extra money to create the lifestyle you desire? If you answered yes to any of these income questions or relate to even one of the conditions listed above, you are eligible to use the advice and strategies outlined in this book. What Is Financial Independence, and Why Do Only a Few People Have It? Financial freedom entails just having a 6-month emergency fund and being debt-free. Financial freedom entails taking control of your time and finances to do what you want rather than what your bank account

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balance dictates—being financially free entails not having to trade your time for money. You must have the financial security to achieve financial freedom. Financial security is the condition of having stable income sources and other available resources to support the standard of living you desire now and in the future. It entails not living paycheck to paycheck. It means you won't have to worry about where your next dollar will come from. It's like a huge weight has been lifted off your shoulders because you know you can use resources to get what you want and need. People who have financial independence are also financially free. Financial independence is the state of having enough personal wealth to maintain your desired lifestyle and standard of living without having to trade your working hours for money. Your assets and resources will generate that income for you, ensuring that your payment remains far greater than your expenses. In essence, financial independence means that you can go for an extended time without trading time for money and still maintain your desired standard of living. You can go on a year-long trip.

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You can take a vacation while knowing that your wealth is still growing. To be financially independent, you must have An emergency fund that can sustain your lifestyle for an extended period of time (perhaps even years). Assets that generate income for you daily, weekly, monthly, and yearly basis Very little or no debt.

Few people on the planet are financially secure and selfsufficient. More than a billion people are impoverished. More than 10% of the global population was estimated to live on less than US$1.90 per day in 2015. Despite these statistics, there is still reason to be optimistic. This optimism stems from the fact that this statistic decreases year after year. In fact, less than 8% of the global population lived in extreme poverty in 2019. This is mainly due to people becoming more educated about their options and refusing to accept their current circumstances. Despite this progress, the majority of the world's population still trades their time for an hourly wage. This income is not sustainable, nor will it allow these people to live the lifestyle they desire.

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They will not be able to retire in peace. This way of life provides no power or security. Financially independent people have discovered and harnessed the power of passive income. Passive income is earned by exchanging time for money over time with little to no effort. While it may take a significant amount of time and effort to establish at first, passive income allows you to earn money even while you sleep, with little to no daily effort required for maintenance. The allure of passive income is restricted to a single income bracket or a population subset. Anyone can create passive income if they have the right mindset and are willing to put in the time and effort to learn and be consistent in pursuing this standard of living. Financially Free People's Habits and Mindset In this section, I discuss the habits and mindset required for financially free people because no matter how effective the strategies I outline in the rest of this book are, they will be useless unless the practitioner moulds his or her mind to be consistent and persistent. You can't go back and forth with your strategies to achieve financial freedom. It would be best to overcome the limiting belief that what you are now is all you can ever be. You should adopt a growth-oriented mindset. Your mindset is your frame of mind: the things you believe, the thoughts you have, and the opinions you hold. Your education thus far, upbringing, religion, and various other factors all contribute to the formation of your mindset. Therefore, your mindset determines how

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you perceive the outside world, yourself, and what you are capable of accomplishing. Your attitude reflects your mindset, and it reveals whether your mindset is limiting you or assisting you in growing. A growth mindset encourages putting in extra time and effort to increase intelligence and experience to improve one's standard of living. On the other hand, a fixed mindset believes that all of our qualities are fixed and that born talent is the only factor determining success. This mindset limits a person's ability to learn, whereas a growth mindset believes that there is no limit to one's potential or success. To progress from your current financial situation to financial freedom, you must cultivate a growth mindset. People with a growth mindset believe that talent and intelligence can be developed through effort and learning, that mistakes are a part of learning, that failure is an opportunity for learning and growth, and that failure is a temporary setback rather than permanent feedback to ability and talent. Accept challenges and change as opportunities. Accept constructive feedback from others openly and honestly in order to advance your learning process. Consider constructive feedback to be a valuable source of information. Consider other people's success as a source of information and inspiration.

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You can find fulfilment not only in your financial life but in your life as a whole, by opening your mind and imagining the possibilities. Developing a growth mindset is not something that every human being is born with. It would be best if you worked on yourself, and the best way to do so is to form habits that encourage you to think differently and adaptively. Among these practices are: Creating your mission statement: Success is a unique and personal process. As a result, if you want to be financially free, you must first understand what this means to you and what financial success means to you personally. Being goal-oriented: You must be clear on what you want out of your future and then work tirelessly to achieve it. Continuous learning and seeking new experiences allow you to broaden your horizons and gain more experiences to shape your forward-thinking mind.

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CHAPITRE 1 THE ESSENTIALS OF OPTIONS TRADING Options contracts are typically purchasing or selling specific assets.

referred

to

as

An option is a contract between two parties (a buyer and a seller) in which the buyer acquires the right to exercise the agreement's terms, but he is not obligated to do so. Options contracts are commonly used to purchase or sell specific assets, such as stocks, stock indices, bonds, etc. These contracts also stipulate that the operation must be carried out on a predetermined date (in European agreements, like those in the United States can be exercised at any time) and at a fixed price when the contract is signed. Initial payment is required to purchase, buy or sell option (referred to as a "premium"). Its value is fundamentally determined by the market asset price, the volatility of that price, and the time elapsed between the contract's date and its expiry date.

Put and Call The options that grant the right to buy are referred to as "Call," while the options that grant the right to sell are referred to as "Put." They are also known as European

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options because they can only be exercised on the exercise date, whereas American options can be used throughout the contract's life. When the time comes for the buying party to exercise the option, one of two things happens: Whoever appears as the option's seller will be required to do what the contract states: sell or buy the asset to the counterparty if it decides to exercise its right to buy or sell. Whoever appears as the option buyer has the option to buy or sell the asset. You can, however, refuse to complete the transaction if it does not suit you. An option contract will typically include the following specifications: Exercise date: The right's expiration date is included in the option. The contract refers to the exercise price as the agreedupon price for the asset's purchase/sale (an underlying asset). Option premium or price: The sum paid to the counterparty to acquire the right to buy or sell an option. Purchased option rights can be Call (the right to purchase) or Put (the right to sell) (the right of sale). Option Types: There may be European options that can only be exercised on the date specified or American options that can be exercised during the contract. There