Course Summary

Track #2: Intermediate

For the options trader who knows the basics and has made a handful of real trades, this course is designed to get you from being simply "aware" of the concepts to being able to scan for setups, choose the right options strategy, and correctly place high probability trades. Even if you have traded options for years but have yet to find consistent success, we highly suggest you complete this curriculum before moving the Advanced section. Don't let the name fool you, this Intermediate course is full of very advanced topics that the vast majority of traders never fully understand.

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Course Outline

15 Video Lessons

Introduction to Intermediate Course

Track #2 at Option Alpha was designed for the options trader who knows the basics and has made a handful of real trades. This course gets yo...

Fearless, Confident Options Trading

Becoming a fearless, confident options trader (even during black swan events) comes down to a simple understanding of what you can and can't...

Historical Volatility vs. Implied Volatility

The difference between a stock's historical volatility and the implied volatility from options pricing creates our edge as traders because w...

Predicting The Market's Next Move

Most new (and experienced traders) try to incorrectly use technical analysis for predicting the stock market's next move. The trouble with m...

Trade Size & Capital Reserves

We're big believers at Option Alpha in controlling our trade size and capital allocation. We know that options trading is just a game of num...

Portfolio Balance & Beta-Weighting

Portfolio balance and beta-weighting are key concepts if you truly want to build an options portfolio that consistently delivers income rega...

Scanning for the Best Stocks & Trading Setups

Need help scanning for the best stocks and trading setups? In today's short video I'll show you the two things I'm always looking for when I...

How to Choose the Best Options Strategy

In the options trading game, strategy always trumps direction. The most important thing you'll need to understand about how to choose the be...

How Far Out Should I Place Trades?

Once you've found a great stock setup and narrowed down your options strategy the next step is determining how far out you should be placing...

Strike Price Anchoring with Probabilities

Strike price anchoring is a term we coined years back and refers the concept of finding the short strikes that become the basis for any shor...

Tips On Getting Your Trades Filled

Order entry is the most important aspect of options trading and today I'll share 8 quick tips on how you can get your trades filled either f...

How to Use Advanced & Contingent Orders

Nearly all of the trading we do here at Option Alpha is with single, limit orders. Still, there are some very creative ways to trade if you ...

7 Step Option Trade Entry Checklist

To complete our options trading course we'll walk through our 7 step options trade entry checklist that you can use as the basis for scannin...

Course Objectives

What You'll Learn:

Understand the major difference between historical and implied volatility.
Scaling position size and targeting overall portfolio returns.
Scanning for the best stock setups and choosing the right options strategy.
How to choose strikes prices, expiration dates and fill pricing.
Placing contingent order types to automate the entry/exit process.

Course Intructor

Kirk Du Plessis

Founder & CEO at Option Alpha. Former Mergers and Acquisitions Investment Banking Analyst for Deutsche Bank in New York, REIT Analyst for BB&T Capital Markets in Washington D.C., and consultant for multiple funds, family offices, and financial advisors. He’s been featured in dozens of publications including Barron's, Smart Money, Forbes, Nasdaq, and MarketWatch.

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