Webinar: Carley Garner on Trading Options 101 - Basics - futures io
futures io



Webinar: Carley Garner on Trading Options 101 - Basics


Discussion in Options

Updated
      Top Posters
    1. looks_one Big Mike with 11 posts (19 thanks)
    2. looks_two Devil Man with 1 posts (1 thanks)
    3. looks_3 bnichols with 1 posts (1 thanks)
    4. looks_4 Cloudy with 1 posts (3 thanks)
      Best Posters
    1. looks_one Cloudy with 3 thanks per post
    2. looks_two ron99 with 2 thanks per post
    3. looks_3 Big Mike with 1.7 thanks per post
    4. looks_4 bnichols with 1 thanks per post
    1. trending_up 12,250 views
    2. thumb_up 27 thanks given
    3. group 7 followers
    1. forum 19 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Webinar: Carley Garner on Trading Options 101 - Basics

(login for full post details)
  #1 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,030 since Jun 2009
Thanks: 32,487 given, 98,346 received

Hi guys,

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 trading in this first webinar. I plan to invite her back for a few more installments and we will progress into more and more advanced options trading with each new webinar.

Carley's brokerage firm specializes in futures, so the presentation will be geared towards futures but most of the material will translate to equities as well.

Carley has written several books which you can find on Amazon:



A Trader's First Book on Commodities: An Introduction to The World's Fastest Growing Market: Carley Garner: 9780137015450: Amazon.com: Books



Currency Trading in the Forex and Futures Markets: Carley Garner: 9780132931373: Amazon.com: Books



Commodity Options: Trading and Hedging Volatility in the World’s Most Lucrative Market: Carley Garner,Paul Brittain: 9780137142866: Amazon.com: Books



Adjusting Margin and Risk: Tips and Tricks to Reduce Margin Requirements and Alleviate Margin Calls: Carley Garner: Amazon.com: Kindle Store

You can find her on her site:
- Commodity Broker Redefined

We will be giving away five autographed copies of one of her books during the presentation.

I will post more as we get closer to the date.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 6 users say Thank You to Big Mike for this post:

Journal Challenge April 2021 results (now extended!):
Competing for $1800 in prizes from Jigsaw
looks_oneMaking a Living with the Microsby sstheo
(388 thanks from 41 posts)
looks_twoSalao's Journalby Salao
(88 thanks from 15 posts)
looks_3Learning to Profit - A journey in algorithms and optionsby Syntax
(59 thanks from 19 posts)
looks_4Deetee’s DAX Trading Journal (time based)by Deetee
(51 thanks from 25 posts)
looks_5Maybe a little bit different journalby Malykubo
(37 thanks from 23 posts)
 
Best Threads (Most Thanked)
in the last 7 days on futures io
The Crude Dude Oil Trading System
111 thanks
Seasonal Trades
31 thanks
futures io site changelog and issues/problem reporting
26 thanks
Spoo-nalysis ES e-mini futures S&P 500
22 thanks
Cryptocurrencies 101 -- what Ive learned so far
22 thanks
 
(login for full post details)
  #3 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,030 since Jun 2009
Thanks: 32,487 given, 98,346 received


Registrations are now open.

Trading Webinars, Trading Videos - Big Mike Trading Forum

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Big Mike for this post:
 
(login for full post details)
  #4 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,030 since Jun 2009
Thanks: 32,487 given, 98,346 received

Bump for Wednesday's event.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #5 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,030 since Jun 2009
Thanks: 32,487 given, 98,346 received

We'll be giving away five autographed copies of "A Trader's First Book On Commodities" during the Wednesday webinar.

The feedback on this book is excellent:
A Trader's First Book on Commodities: An Introduction to The World's Fastest Growing Market: Carley Garner: 9780137015450: Amazon.com: Books



Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 3 users say Thank You to Big Mike for this post:
 
(login for full post details)
  #6 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, SC, ToS
Broker: AMP, DT, TDA
Trading: CL,NQ,YM
 
Posts: 2,135 since Jul 2011
Thanks: 2,388 given, 1,727 received

I saw that "Mad Money" segment by Cramer on Carley Garner's nice looking analysis of Crude. Didn't realize it was the same lady for the upcoming webinar until I saw the tweet. It looked like a futures trading show for a while. Interesting idea about COT reports' extended floating at >200k could be followed by a severe selloff.

 
 
 
 

Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to Cloudy for this post:
 
(login for full post details)
  #7 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,030 since Jun 2009
Thanks: 32,487 given, 98,346 received

The webinar room is now open.

I'll also be asking Carley about her Mad Money analysis on CNBC for crude.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to Big Mike for this post:
 
(login for full post details)
  #8 (permalink)
 bnichols 
Dartmouth NS
 
Experience: Intermediate
Platform: MC, MC.Net, NT, TWS
Broker: IB / IQFeed / Kids
Trading: Forex, stocks
 
bnichols's Avatar
 
Posts: 638 since Feb 2010
Thanks: 64 given, 460 received

Terrific webinar--thanks Ms. Garner & Mike. Few more book ideas for my library.

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #9 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,030 since Jun 2009
Thanks: 32,487 given, 98,346 received

I want to thank Carley for her time and excellent presentation today. I am looking forward to the next webinar, where we will dive into more advanced topics.

Congratulations to the five winners of the autographed books:

@pam421, @BollingerBob, @lasker98, @Acqua, @fear429

I will get with you shortly to arrange to get the books to you.

The recording of the webinar will be posted sometime tomorrow.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
(login for full post details)
  #10 (permalink)
 Devil Man 
Legendary Capt. Johnny Jameson
Fort Lauderdale
 
Experience: None
Platform: Optimus Flow, NT8. TS
Broker: CQG, Rithmic
Trading: ES
 
Devil Man's Avatar
 
Posts: 811 since Oct 2009
Thanks: 3,055 given, 1,426 received


Great webinar! I just wanted to thank you Carley and Big Mike!

Reply With Quote
The following user says Thank You to Devil Man for this post:
 
(login for full post details)
  #11 (permalink)
 addchild 
Bay Area California
 
Experience: None
Platform: TT T4
Broker: Phillip Capital
Trading: Futures
 
Posts: 807 since Nov 2011
Thanks: 890 given, 890 received

Looking forward to the recording, for anyone that is considering buying the book, the kindle version is only $2.51 right now.

.
Reply With Quote
The following user says Thank You to addchild for this post:
 
(login for full post details)
  #12 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,030 since Jun 2009
Thanks: 32,487 given, 98,346 received

Tip


The recording for the webinar has been posted:

Webinar: Carley Garner - Introduction to Options Trading (Futures)




Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 4 users say Thank You to Big Mike for this post:
 
(login for full post details)
  #13 (permalink)
 Victory Trader 
LA, California, USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
 
Victory Trader's Avatar
 
Posts: 530 since Sep 2011

Actually have been looking at getting back into trading options... Was wondering if there was a place where we could get realtime options quotes etc say for CL/OIH etc where a trader could practice trading options.

Reply With Quote
 
(login for full post details)
  #14 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,030 since Jun 2009
Thanks: 32,487 given, 98,346 received


Big Mike View Post
Congratulations to the five winners of the autographed books:

@pam421, @BollingerBob, @lasker98, @Acqua, @fear429

I will get with you shortly to arrange to get the books to you.

The recording of the webinar will be posted sometime tomorrow.

Mike

I am still waiting for a reply to my PM from @pam421 and @BollingerBob. Please reply guys, so I can get the books to everyone else.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #15 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,030 since Jun 2009
Thanks: 32,487 given, 98,346 received

I've sent the info to Carley for everyone but @pam421 who did not respond (so far). You guys should probably receive the books within 2-3 weeks.

Enjoy

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #16 (permalink)
 Nyati 
Boston, Massachusetts
 
Experience: Beginner
Platform: NinjaTrader
Broker: AMP/NinjaBrokerage/Continuum/Rithmic
Trading: ES
 
Posts: 287 since Jun 2011
Thanks: 1,294 given, 1,101 received

Thanks to Big Mike and Carley for a terrific Webinar. Looking forward to the next one!

Reply With Quote
 
(login for full post details)
  #17 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,030 since Jun 2009
Thanks: 32,487 given, 98,346 received

Carley Garner will be back on Monday, February 25th @ 4:30 PM ET for a webinar on Options 201 - Spreads and Strategies. Details here:


Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
(login for full post details)
  #18 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,030 since Jun 2009
Thanks: 32,487 given, 98,346 received

Carley now has an AMA thread located here:


Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #19 (permalink)
 ron99 
Market Wizard
Cleveland, OH
 
Experience: Advanced
Platform: QST
Broker: QST, DeCarley Trading, Gain
Trading: Options on Futures
 
Posts: 3,058 since Jul 2011
Thanks: 956 given, 5,706 received


Cloudy View Post
I saw that "Mad Money" segment by Cramer on Carley Garner's nice looking analysis of Crude. Didn't realize it was the same lady for the upcoming webinar until I saw the tweet. It looked like a futures trading show for a while. Interesting idea about COT reports' extended floating at >200k could be followed by a severe selloff.

 
 
 
 

Carley, in this video, said CL could go down to 80. She was close. It dropped to 84.

She also said it could go up to 97. Where did it peak since the video? 97.

Good job.

Reply With Quote
The following 2 users say Thank You to ron99 for this post:
 
(login for full post details)
  #20 (permalink)
 meinl 
dayton, oh
 
Experience: None
Platform: self rolled
Trading: CL
 
Posts: 2 since Nov 2015
Thanks: 3 given, 0 received

I hope it's ok with the forum rules to reply to an old thread but I had a question about a specific item mentioned in this webinar.

She gives the example that one use for options is to limit your risk and not need to use a stop.

In her example, she says you might go long in a futures position while at the same time taking up an opposite position with an option. Then, you don't need to worry about your stop getting hit, because there is no stop.

In the example, she says you might limit your overall risk to $500 with the option, and if the futures position goes very high then you have potentially unlimited reward.

In other words, you buy a protective put for $500. It sounds to me like this has thee effects:

1.) It's as if you were using a $500 stop (or 50 ticks on CL) which got hit as soon as you entered the trade, except you get to stay in the trade and if it goes up beyond 50 ticks you start to make money.

2.) If your trade doesn't go 50 ticks you're in a loss

3.) In order to get to a 1:1 risk/reward you need CL to go a full 100 ticks. 50 to pay for the insurance and 50 to complete the 1:1 ratio

Is this a correct way to look at it?

Reply With Quote


futures io Trading Community Traders Hideout Options > Webinar: Carley Garner on Trading Options 101 - Basics


Last Updated on July 24, 2016


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1,800 in prizes!

April

An Introduction to CME Group Micro Bitcoin Futures w/David Lerman

Elite only
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts