What you’ll learn
Make games with Python.
Create basic line and scatter plots with Matplotlib 1.5.
Customise our graphs with visuals, a title, labels, text and a legend.
Recognize types of visualization: histograms, pie charts, and box and whisker plots.
“Introduction
Risk Disclaimer
Software Update
You are Important
Exercise: Introduce Yourself to the Class
“The Covered Call
Why You Must Learn Covered Calls
Mutual Fund Managers are Destroying Your Retirement Account
“Lowering Cost Basis” Explained
Option Basics Recap
Using Our Rules to Setup a Covered Call
Lowering Cost Basis with Stock
The Golden 3 Criteria Used to Create the Covered Call
The Golden 3 Criteria Explained
Options: Let’s get on the same page
Let’s Start Trading
“Understand Options Completely
What is an Option?
Kinds of Options: Calls
Kinds of Options: Puts
“Buying Options vs Selling Options
Call Options: Buying vs. Selling
Put Options: Buying vs. Selling
“Selling Options for Monthly Income
What is a Short Put?
Short Puts Visual Illustration
When do I use Short Puts?
Caution: The Risk of Assignment
Danger: Selling Puts on High Priced Stocks
Trading Checklist: Selling Puts
Trading Rule#1 – Duration over Direction
Trading Rule#2: Volatility (Explained & illustrated)
Trading Checklist: Trading Platform Illustration
Define your Risk
“Verticals: Call and Put Options
What is a Vertical?
Shorting or Selling Call Verticals
Visual Illustration of Short Call Verticals
Deeper Look into How Short Call Verticals Work
How Profits and Losses Work when Selling Verticals
Selling Naked Call Options Compared to Selling Call Verticals
“Shorting” or Selling Put Verticals
Visual Illustration of Short Put Verticals
Selling Naked Puts Compared to Selling Put Verticals
Next Stop… Iron Condors
“Iron Condor: The “Bread & Butter” Strategy
What is an Iron Condor
“Bread & Butter” Iron Condor Rules, POPs and Visuals
Trade Page Setup Illustration
Trade Page Profit/Loss, POP & Managing Winners Explained
Breakeven Price Explained
Live Trading Platform Setup
Managing Winning Trades
Keys to Long Term Success in Option Trading
“Making Profitable Option Trades
What is Fundamental Analysis
What is Technical Analysis
What are the Greeks
Making a Trade: The Checklist
Step 1: How to Create a List of Tradable Stocks
Step 2a: Checking Liquidity
Step 2b: Checking Liquidity Continued
Step 3a: Watch List Creation
Step 3b: Checking for Earnings
Step 4: Checking Implied Volatility
Step 5: Think like Warren Buffet
Making a Trade: Recap of Five Steps
“Conclusion
BONUS – Follow Up Courses