What you'll learn

Learn all about Weekly Options
What are the pluses and minuses of trading Weekly Options
How does Time decay work on weekly Options
Simulate the effects of time decay on the days before expiry
What strategies are good for Weekly Options
How do all the Option Greeks behave during the final days before an Options expiry

Requirements

Basic knowledge of Stocks and Options
Basic knowledge of the Single Options strategies

Description

WEEKLY OPTIONS TRADING AND OPTION EXPIRATION DYNAMICS

The impact of time decay on Option prices in the final week before expiry is an exciting phenomenon. We know time decay is exponential, but how do the Greeks actually behave during this time. This course on Trading Options at Expiration takes a deep dive using Apple (AAPL) Options Weekly series. We follow an AAPL Short Straddle trade from Thursday morning until deep into the following week. The Short Straddle is explained in detail in this course. The Greeks are on steroids during the final week of an Option's life.

Option Greeks behave abnormally during the final week, especially the At-The-Money Options. It should be intuitive that these Options are experiencing an enormous amount of uncertainty insofar as to whether they will end up in-the-money or not. What may not be clear is how the Greeks behave during this time which ultimately impacts Option prices.

Most importantly, the lectures focus on the kinds of strategies that are ideal during the final two weeks before expiry. Although most strategies tend to focus on the most dominant Options characteristic during this time (Time Decay), the course also shows a couple of very interesting, very high reward strategies with very little risk.

What can you expect

What are Weekly Options and why are they special

What characteristics do Options have when they are very close to expiry

What kind of trades are suitable during this time

What sort of attention do you need to give to these trades

What kinds of traders are Weekly Options suitable for

What time decay strategies could work during the final week

The impact of the final weekend on Option prices

What challenges and pitfalls can you expect from Weekly Options

What role does the Greek Gamma take on during this time

And why does Vega whimper out during this time

And what about Delta and Theta - it's a total Greek-fest

WEEKLY OPTIONS ARE VERY EXCITING TO TRADE BUT MAKE SURE THEY ARE FOR YOU !!!

Who this course is for:

Stock and Options traders
Why weekly Options may not be good for working professionals
Day traders of Options
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