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Webinar: Options Trading 201 - Spreads and strategies (Carley Garner)
It is my pleasure to announce that Carley Garner will be joining us on Wednesday, October 10th @ 4:30 PM Eastern US to do a webinar presentation on Trading Options.
I've asked Carley to start us off with a very basic outline of options …
Carley will be discussing more advanced techniques in this webinar, including spreads and strategies. Some bullet points for the webinar include:
- Short options to finance long options
- Selling options to provide room for error in futures positions
- Trading debit spreads - Adjusting bull call and bear put spreads with additional premium collection
- Trading examples with risk and break even analysis
There will also be an extensive Q&A during the webinar.
Just saw the first video about two days ago. For those wondering, the general discussion/overview last time applies to stock options although she is definitely geared towards trading futures options. It will likely be the same this time around as well
Broker: TD Ameritrade (soon to be Schwab) & NinjaTrader
Trading: The indexes, ES, YM, NQ & RTY
Posts: 171 since Aug 2012
Thanks Given: 216
Thanks Received: 157
Carley, I wanted to ask if you could cover strategies for handling vertical spreads that have gotten into trouble. For example, let's say AAPL is trading at 450, and before the price moved down to this level we sold a 465/475 March put spread (STO 475 March Put, BTO 465 March Put). So both sides are now in the money. I know it's possible to roll those into the next month and hope to wait for a higher price to close out the position, or sell Call spreads at 480/490 to offset the losses from the bull spread, but how do you determine the best course of action and are there other alternatives?
