Options Course Curriculum
Our Long Term Options Trading (“LTOT”) membership gives you access to our LTOT course consisting of 43 topics over 10 lessons.
This course was designed to take you all the way from the beginning stages of trading to a level of understanding shared by people who make money in the stock market — while keeping you away from the common mistakes and errors that people make while learning to trade.
Unlike most trading courses, ours is designed to help students both new and experienced be able to make supplemental income quickly.
Already a member? Login and access the course from the “My Membership” menu.
Long Term Options Trading
Before we get into the meat and potatoes of how to trade, there are a few house cleaning things that we need to make sure you take care of before you begin. We want to make sure that you have all the proper tools in place to make you a successful trader.
- Selecting a Broker
- Your Computer
- Required Reading
What are the drivers of the market and how can you control your activity to your advantage?
- Which Markets Are We Watching?
- VIDEO: Markets
How to use past price performance to predict future price movement. We show you a simple and highly effective system!
- Candlestick Analysis
- VIDEO: Candlesticks
- VIDEOS (2): Indicators
- Time Frames
- Support and Resistance
- VIDEO: Support & Resistance
There are a few different ins and outs when it comes to placing trades in the market that are important to know before you start to implement a trading system. This chapter is devoted to telling you which order types you should be using for your trades and how to manage a trade even when you’re not able to watch it.
- Bid/Ask Spread
- VIDEO: Bid/Ask Spread
- Order Types
- Stop Losses
- Order Duration
When trading stocks your trading plan must include a defined basis for how you make your trades. Let’s look at each individual component of a trade and the rules we follow for them: Entries, Stops and Profit Taking.
- Profit Taking
What are Options and how do they work? While they’re more complicated than basic stock, they are just a device we use to allow for less risk and upfront capital in our trades. Here we dive into why we like these financial instruments so much and why you will too.
- What Are Options And How Do They Work?
- Types of Options
- Why Trade Options
- Option Chain
- Option Criteria
- VIDEO: Options
There are a few different “plays” that we make in regards to trades.
- Pivot and Pullback Trades
- Earning Plays
- VIDEO: Pullbacks, Pivots, and Earning Plays
In this lesson we will discuss various events that happen in the market and what is important to know about them. We’ll also guide you to some helpful tools for your trading.
- Simulated Trading Account
- Resources and News Sources
- VIDEO: Placing Trades in ThinkOrSwim (TOS)
- VIDEO: Setting up ThinkOrSwim (TOS)
- VIDEO: Tradingview – Free Charting Software
This chapter is dedicated to showing you a variety of different trades and helps give you a basic idea of how we are entering trading setups and managing our profits and stops. We will provide you with 6 winning trade examples and 3 losing trade examples and show you how each was managed.
- AMZN: Earning Play
- AMZN: Morning Star Pullback
- LVS: Pivot Overextended From Moving Average
- FB: Pivot Overextended From Moving Average
- PLTR: Morning Star
- PYPL: Hammer off 50 MA Support
- VIDEO: Trade Examples
The point at which you start to make massive profits in the markets is when you take a percentage of your trading profits and re-invest it as stock in the market to hold for many years. Here’s some guidance!