Showing posts with label Options education. Show all posts
Showing posts with label Options education. Show all posts

Tuesday, June 25, 2013

Building High Probability Stock Trading Watchlists - Peggy Rose Interview

Building High Probability Stock Trading Watchlists - Peggy Rose InterviewSocialTwist Tell-a-Friend

There are thousands of stocks in the stock market providing endless opportunities. Successful traders have a process of narrowing down those thousands of stocks to a handful of the best trade opportunities to make up their watchlist. Peggy Rose has a straightforward but highly effective process of building high probability watchlists for day trading as well as swing trading or active investing. MarketHeist’s Jeffrey Lin interviews Peggy Rose, Options Strategist for Hamzei Analytics’ HFT Stocks & Options.

Tuesday, June 18, 2013

Get to Know Pablo Navarro, Options Strategist for HFT Stocks & Options

Get to Know Pablo Navarro, Options Strategist for HFT Stocks & OptionsSocialTwist Tell-a-Friend


MarketHeist’s Jeffrey Lin interviews Pablo Navarro, Options Strategist for Hamzei Analytics’ HFT Stocks & Options. The first couple of months of trading stocks and options can be hard. This is especially true if you were like Pablo Navarro, starting out in college without a lot of money. How did Pablo become a full time options trader as well as an options strategist for Hamzei Analytics? Pablo has been gracious enough to share the steps he took to succeed as a full time options trader.

Wednesday, June 12, 2013

Simple Ways to Start with Options - Pablo Navarro Interview

Simple Ways to Start with Options - Pablo Navarro InterviewSocialTwist Tell-a-Friend


MarketHeist’s Jeffrey Lin interviews Pablo Navarro, Options Strategist for Hamzei Analytics’ HFT Stocks & Options. Any investor’s stock portfolio can greatly benefit from simple uses of stock options. It’s smart to use options to both protect your portfolio as well as earn extra income from your portfolio assets. Pablo Navarro shares some simple ways investors can start using options with their stock portfolio.

Friday, March 2, 2012

Combined Pit Trading Experience and Market Timing - Trade Options Like a DPM Free Public Q&A Webinar

Combined Pit Trading Experience and Market Timing - Trade Options Like a DPM Free Public Q&A WebinarSocialTwist Tell-a-Friend
The Trade Options Like a DPM series gives you access to the combined experience and skills of one of the best pit options traders and one of the best market timers.

This an excerpt from "Trade Options like a DPM: 1.11.12 Free Public Q&A Webinar" - http://www.hamzeianalytics.com/Educational_Webinars.asp



RECORDED: Wednesday, January 11, 2012. After market close.

ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Wednesday, February 29, 2012

Earnings Option Strategies IBM - Trade Options Like a DPM Free Public Q&A Webinar

Earnings Option Strategies IBM - Trade Options Like a DPM Free Public Q&A WebinarSocialTwist Tell-a-Friend
Attendees given the chance to have The Admiral and Fari Hamzei analyze and make suggestions about the attendees' options trades. The Admiral makes suggestions for an IBM options trade for IBM's earnings announcement in January 2012.

This an excerpt from "Trade Options like a DPM: 1.11.12 Free Public Q&A Webinar" - http://www.hamzeianalytics.com/Educational_Webinars.asp



RECORDED: Wednesday, January 11, 2012. After market close.

ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Monday, February 27, 2012

Option Strategy Session SINA - Trade Options Like a DPM Free Public Q&A Webinar

Option Strategy Session SINA - Trade Options Like a DPM Free Public Q&A WebinarSocialTwist Tell-a-Friend
Attendees given the chance to have The Admiral and Fari Hamzei analyze and make suggestions about the attendees' options trades. Given the attendee's bullish call spread on SINA, Fari Hamzei gives insights for SINA's upside target while The Admiral suggests other option strategies accordingly.

This an excerpt from "Trade Options like a DPM: 1.11.12 Free Public Q&A Webinar" - http://www.hamzeianalytics.com/Educational_Webinars.asp

RECORDED: Wednesday, January 11, 2012. After market close.



ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Friday, August 19, 2011

When Options Spreads Don't Add Up - Trade Options Like a DPM Webinars #12: Condor & Iron Condor Spreads

When Options Spreads Don't Add Up - Trade Options Like a DPM Webinars #12: Condor & Iron Condor SpreadsSocialTwist Tell-a-Friend
The Admiral, a former CBOE Designated Primary Market Maker has stressed the importance of knowing stock and options equalities. However, there are common pitfalls you may encounter. He explains some of those in this excerpt from the Condors and Iron Condors webinar.

This an excerpt from "Trade Options like a DPM Webinar #12: Condor & Iron Condor Spreads" - http://www.hamzeianalytics.com/Educational_Webinars.asp



"CONDOR & IRON CONDOR SPREADS" OPTIONS WEBINAR
DESCRIPTION (JULY 12, 2010, 1800 CT)

Similar to a butterfly spread, a condor is an options strategy that also has a bear and a bull spread, except that the strike prices on the short call and short put are different.



ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Thursday, August 11, 2011

How To Trade the Iron Condor - Trade Options Like a DPM Webinars #12: Condor & Iron Condor Spreads

How To Trade the Iron Condor - Trade Options Like a DPM Webinars #12: Condor & Iron Condor SpreadsSocialTwist Tell-a-Friend
Using Apple (AAPL) as an example, learn how to trade a Iron Condor spread from The Admiral, a former CBOE Designated Primary Market Maker. Learn the key characteristics of iron condor spreads and how to structure iron condors specifically to capture stocks you expect to trade within a range.



This an excerpt from "Trade Options like a DPM Webinar #12: Condor & Iron Condor Spreads" - http://www.hamzeianalytics.com/Educational_Webinars.asp



"CONDOR & IRON CONDOR SPREADS" OPTIONS WEBINAR
DESCRIPTION (JULY 12, 2010, 1800 CT)

Similar to a butterfly spread, a condor is an options strategy that also has a bear and a bull spread, except that the strike prices on the short call and short put are different.



ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Thursday, August 4, 2011

How to Trade the Condor Spread - Trade Options Like a DPM Webinars #12: Condor & Iron Condor Spreads

How to Trade the Condor Spread - Trade Options Like a DPM Webinars #12: Condor & Iron Condor SpreadsSocialTwist Tell-a-Friend
Learn how to trade a Condor spread from The Admiral, a former CBOE Designated Primary Market Maker. Learn the key characteristics of condor spreads and how to structure condors specifically to capture stocks you expect to trade within a range.

This an excerpt from "Trade Options like a DPM Webinar #12: Condor & Iron Condor Spreads" - http://www.hamzeianalytics.com/Educational_Webinars.asp



"CONDOR & IRON CONDOR SPREADS" OPTIONS WEBINAR DESCRIPTION (JULY 12, 2010, 1800 CT)

Similar to a butterfly spread, a condor is an options strategy that also has a bear and a bull spread, except that the strike prices on the short call and short put are different.


ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Tuesday, July 12, 2011

Timing Butterfly Spreads - Trade Options Like a DPM Webinars #11: Butterfly Spreads

Timing Butterfly Spreads - Trade Options Like a DPM Webinars #11: Butterfly SpreadsSocialTwist Tell-a-Friend
The Admiral, a former CBOE Designated Primary Market Maker answers a question during the Q&A session about butterfly spreads. Successful application of butterfly spreads take advantage of market timing, which Fari Hamzei is known for. The Admiral and Fari Hamzei combine their expertise to show how to increase your odds of success with butterfly spreads.

This an excerpt from "Trade Options like a DPM Webinar #11: Butterfly Spreads" - http://www.hamzeianalytics.com/Educational_Webinars.asp



"BUTTERFLY SPREADS" OPTIONS WEBINAR DESCRIPTION (JUNE 29, 2010, 1800 CT)

An option strategy combining a bull and bear spread. It uses three strike prices. The lower two strike prices are used in the bull spread, and the higher strike price in the bear spread. Both puts and calls can be used.



ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

How Butterflies Behave - Trade Options Like a DPM Webinars #11: Butterfly Spreads

How Butterflies Behave - Trade Options Like a DPM Webinars #11: Butterfly SpreadsSocialTwist Tell-a-Friend
The Admiral, a former CBOE Designated Primary Market Maker explains in detail how the value of butterfly spreads as well as each leg of the spread may change as the stock price moves to or away from your target price. By understanding and anticipating how the butterfly spread may change, options traders will better know when to take profits, when and how to execute a butterfly spread, and what makes butterfly spreads one of the admiral's favorite options spread.



This an excerpt from "Trade Options like a DPM Webinar #11: Butterfly Spreads" - http://www.hamzeianalytics.com/Educational_Webinars.asp



"BUTTERFLY SPREADS" OPTIONS WEBINAR DESCRIPTION
(JUNE 29, 2010, 1800 CT)

An option strategy combining a bull and bear spread. It uses three strike prices. The lower two strike prices are used in the bull spread, and the higher strike price in the bear spread. Both puts and calls can be used.





ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

How to Trade Iron Butterfly - Trade Options Like a DPM Webinars #11: Butterfly Spreads

How to Trade Iron Butterfly - Trade Options Like a DPM Webinars #11: Butterfly SpreadsSocialTwist Tell-a-Friend
Learn how to trade an Iron Butterfly spread from The Admiral, a former CBOE Designated Primary Market Maker. Learn the key characteristics of iron butterfly spreads and how to structure a iron butterfly to target specific stock prices at a specific time using market timing. Understand the different scenarios a butterfly spread may encounter and how to plan your trade.

This an excerpt from "Trade Options like a DPM Webinar #11: Butterfly Spreads" - http://www.hamzeianalytics.com/Educational_Webinars.asp



"BUTTERFLY SPREADS" OPTIONS WEBINAR DESCRIPTION (JUNE 29, 2010, 1800 CT)

An option strategy combining a bull and bear spread. It uses three strike prices. The lower two strike prices are used in the bull spread, and the higher strike price in the bear spread. Both puts and calls can be used.



ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Monday, July 11, 2011

Bullish Call Diagonals - Trade Options Like a DPM Webinars #10: Diagonal Spreads

Bullish Call Diagonals - Trade Options Like a DPM Webinars #10: Diagonal SpreadsSocialTwist Tell-a-Friend
Learn how to trade a bullish call diagonal spread from The Admiral, a former CBOE Designated Primary Market Maker. Learn the key characteristics of call diagonal spreads and how to structure a call diagonal when you have a bullish view about a stock. Understand the different scenarios an diagonal spread may encounter and how to plan your trade.

This an excerpt from "Trade Options like a DPM Webinar #10: Diagonal Spreads" - http://www.hamzeianalytics.com/Educational_Webinars.asp



"DIAGONAL SPREADS" OPTIONS WEBINAR DESCRIPTION (JUNE 8, 2010, 1800 CT)

An options strategy established by simultaneously entering into a long and short position in two options of the same type (two call options or two put options) but with different strike prices and expiration dates.




ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Bearish Call Diagonals - Trade Options Like a DPM Webinars #10: Diagonal Spreads

Bearish Call Diagonals - Trade Options Like a DPM Webinars #10: Diagonal SpreadsSocialTwist Tell-a-Friend
http://www.hamzeianalytics.com/Educational_Webinars.asp - Learn how to trade a bearish call diagonal spread from The Admiral, a former CBOE Designated Primary Market Maker. Learn the key characteristics of call diagonal spreads and how to structure a call diagonal when you have a bearish view about a stock.

This an excerpt from "Trade Options like a DPM Webinar #10: Diagonal Spreads" - http://www.hamzeianalytics.com/Educational_Webinars.asp



"DIAGONAL SPREADS" OPTIONS WEBINAR DESCRIPTION
(JUNE 8, 2010, 1800 CT)

An options strategy established by simultaneously entering into a long and short position in two options of the same type (two call options or two put options) but with different strike prices and expiration dates.




ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Assessing & Adjusting Diagonals - Trade Options Like a DPM Webinars #10: Diagonal Spreads

Assessing & Adjusting Diagonals - Trade Options Like a DPM Webinars #10: Diagonal SpreadsSocialTwist Tell-a-Friend
The challenge of trading option spreads is that option spreads can be so dynamic. As The Admiral, a former CBOE Designated Primary Market Maker, explains in this webinar, option traders have many angles to assess. Also, option traders have many opportunities if they know how to adjust option spreads to profit from changes in the market.

This an excerpt from "Trade Options like a DPM Webinar #10: Diagonal Spreads" - http://www.hamzeianalytics.com/Educational_Webinars.asp


"DIAGONAL SPREADS" OPTIONS WEBINAR DESCRIPTION (JUNE 8, 2010, 1800 CT)

An options strategy established by simultaneously entering into a long and short position in two options of the same type (two call options or two put options) but with different strike prices and expiration dates.





ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Tuesday, April 19, 2011

#3Gurus is Back. Another 2-Days of Options & Futures Trading Seminar

#3Gurus is Back. Another 2-Days of Options & Futures Trading SeminarSocialTwist Tell-a-Friend




Load up your options trading toolbox with the knowledge, strategies, and tactics from the 3Gurus and 6 market experts. See what the gurus have in store to help you trade this current market and what's ahead:
  • Options
  • Futures
  • Volatility
  • Trading the Headlines
  • Market Timing
  • Technical Analysis
  • Trade Setups
  • Trader Psychology
  • Trade Adjustments
and more! See the full schedule here.
2 Days, 3 Gurus + 6 Experts
  • APRIL 26-27
  • 8:45am CT - 6:30pm CT, both days
  • TEN 75-min sessions with exclusive Q&A with presenters
  • 5 Sessions per day
  • A special panel session with The Three Gurus, moderated by CBOE Options Institute Head instructor Jim Bittman
  • Accessible ANYWHERE IN THE WORLD from your computer
  • Recordings for On-Demand Replay
For Only $149 $99*
*Early bird special until 4/20/11. Regular price $149

Tuesday, January 18, 2011

Checklist for Applying Option Strategies | Options Like a DPM Webinars #8: Ratio Spreads

Checklist for Applying Option Strategies | Options Like a DPM Webinars #8: Ratio SpreadsSocialTwist Tell-a-Friend
The Admiral, a former CBOE designated primary market maker, runs through a checklist to both master various option strategies and expertly analyze the market to determine which option strategy is the best for a particular stock at a particular time. Having gone through 8 Options Education Sessions in this "Trade Options Like a DPM" series, students should have enough tools in their toolbox to take advantage of any stock move and the possible scenarios.

This a Q&A excerpt from "Trade Options like a DPM Webinar #8: Ratio Spreads" - http://hamzeianalytics.com/pow_register.asp




"RATIO SPREADS" OPTIONS WEBINAR CLASS DESCRIPTION (December 13, 2010, 1800 CT)

An options strategy in which an investor simultaneously holds an unequal number of long and short positions. A commonly used ratio is two short options for every option purchased. A ratio spread would be achieved by purchasing one call option with a strike price of $45 and writing two call options with a strike price of $50. This would allow the investor to capture a gain on a small upward move in the underlying stock's price. However, any move past the higher strike price ($50) of the written options will cause this position to lose value. Theoretically, an extremely large increase in the underlying stock's price can cause an unlimited loss to the investor due to the extra short call.

ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Monday, January 17, 2011

Mastering Volatility for Ratio Spreads | Options Like a DPM Webinars #8: Ratio Spreads

Mastering Volatility for Ratio Spreads | Options Like a DPM Webinars #8: Ratio SpreadsSocialTwist Tell-a-Friend
Volatility is a key component of any options strategy. Understanding volatility can mean the success of a trade or a total disaster, painting oneself into a corner. In this excerpt from the Q&A session of "Ratio Spreads," the Admiral gives several tips and experienced insights on how to analyze volatility and some common traps. Also, he explains how news and seasonality may affect volatility in ways that is unintuitive, debunking some options trading myths that may have endangered traders.

This a Q&A excerpt from "Trade Options like a DPM Webinar #8: Ratio Spreads" - http://hamzeianalytics.com/pow_register.asp



"RATIO SPREADS" OPTIONS WEBINAR CLASS DESCRIPTION (December 13, 2010, 1800 CT)

An options strategy in which an investor simultaneously holds an unequal number of long and short positions. A commonly used ratio is two short options for every option purchased. A ratio spread would be achieved by purchasing one call option with a strike price of $45 and writing two call options with a strike price of $50. This would allow the investor to capture a gain on a small upward move in the underlying stock's price. However, any move past the higher strike price ($50) of the written options will cause this position to lose value. Theoretically, an extremely large increase in the underlying stock's price can cause an unlimited loss to the investor due to the extra short call.

ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Sunday, January 16, 2011

Call Ratio Spread Basics | Options Like a DPM Webinars #8: Ratio Spreads

Call Ratio Spread Basics | Options Like a DPM Webinars #8: Ratio SpreadsSocialTwist Tell-a-Friend
This clip from the latest "Trade Options like a DPM" Options Education Class with a full lesson on Call Ratio Spreads. As with the "Backspreads" class, the Admiral teaches the details of putting together a Ratio Spread Options Strategy by doing an example from beginning to end. The Admiral starts with the basic concepts for a Ratio Spread, breaking out each Options Greek variable. Then, he analyzes the various scenarios for stock price movement and volatility to determine if Ratio Spreads are a good strategy choice for this particular stock at this particular time. The stock in this example was Amgen (AMGN).



"RATIO SPREADS" OPTIONS WEBINAR CLASS DESCRIPTION (December 13, 2010, 1800 CT)

An options strategy in which an investor simultaneously holds an unequal number of long and short positions. A commonly used ratio is two short options for every option purchased. A ratio spread would be achieved by purchasing one call option with a strike price of $45 and writing two call options with a strike price of $50. This would allow the investor to capture a gain on a small upward move in the underlying stock's price. However, any move past the higher strike price ($50) of the written options will cause this position to lose value. Theoretically, an extremely large increase in the underlying stock's price can cause an unlimited loss to the investor due to the extra short call.

ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

Tuesday, November 2, 2010

Analyzing Long Options Strangles from All Angles | Trade Options Like a DPM Webinars #6: Strangles

Analyzing Long Options Strangles from All Angles | Trade Options Like a DPM Webinars #6: StranglesSocialTwist Tell-a-Friend
http://hamzeianalytics.com/pow_register.asp - The Admiral, a former CBOE designated primary market maker, breaks down the long options strangle strategy. He shares many considerations and ideas about putting together a options strangle position, and analyzing possible outcome scenarios so traders can be prepared. Fari Hamzei adds his market timing and technical analysis expertise.

This a Q&A excerpt from "Trade Options like a DPM Webinar #6: Strangles" - http://hamzeianalytics.com/pow_register.asp



"STRANGLES" OPTIONS WEBINAR DESCRIPTION (October 20, 2010, 1800 CT)

An options strategy where the investor holds a position in both a call and put with different strike prices but with the same maturity and underlying asset.


ABOUT "THE ADMIRAL"

The featured speaker, whom we affectionately call "The Admiral," was a Designated Primary Market Maker (DPM) on the floor of the CBOE for five years. Although we're not using his real name (so don't ask!) suffice it to say that we consider him to be one of the most knowledgeable option traders on the planet. As a floor trader in the '80s and '90s he did the opening options rotation for 5-25 stocks the old-fashioned open outcry way—meaning he opened each option strike price for each of these stocks within the first 30 minutes of trading, both calls and puts.

That meant he had to price more than 500 option strikes, plus as a market maker he traded and kept the markets current. As a DPM, technology brought forth auto-quoting of option series, but pricing of those quotes remained his responsibility. Trading 1 million shares of stocks and 50,000 options contracts was a normal day for him. In 27 years at CBOE, he has traded through the crash of '87, the smaller crash of '90 and the tech bubble in 2000. He has traded three-digit volatility and seen every possible market environment imaginable. So, if you're going to learn options, it might as well be from the very best.

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