We already know that you want to learn how to trade options and generate a consistent income. What we didn’t know, as well as we do now, is that we had some pretty specific gaps in our previous courses that made the process of learning how to trade confusing. And because we always want to improve and perfect our training here at Option Alpha, a couple of months ago we surveyed thousands of members in search of the "missing links" to our program.

After more than 1,378 detailed survey responses and 68 one-on-one phone calls with PRO & ELITE members, we decided to completely overhaul our training courses from start to finish. I'm not talking about adding another video here or there; I'm talking about creating an entirely new training program with a defined path and specific, measurable goals. Plus, it had to be 100% free and 10,000% times better than anyone else's paid program.

Not to pat ourselves on the back or anything, but we nailed it! People love this new training series. I mean all-caps, smiley face emoji, freaking LOVE IT!

Today I'd like to introduce you officially to the NEW Education Tracks at Option Alpha. Don't let the names fool you though because these tracks were meticulously curated to help you hit certain objectives in your options trading journey. Although they've been available for current members for a while now, I thought it was worth the taking the time on the show to help you understand the thought process behind each track as well as offer my best tips and advice for setting and hitting your goals as a trader.

Track One - Beginner

Taking care of the big building blocks first and laying a foundation for options trading. Takes you from being newbie, knowing nothing about options, to having a greater understanding about options:

• How they are priced
• Expiration periods
• Option pricing tables
• Where your edge is
• Small account strategies
• Multi-leg strategies
• Technical analysis

Track Two - Intermediate

This is where most people are at; know about options, but not yet an advanced trader. Specifically designed for getting you from awareness of the concepts to actually entering a trade. Helps you understand if you are making the right trades:

• Scanning for trades
• Choosing a strategy
• Pricing the trade
• Historical volatility versus implied volatility
• Targeting your portfolio return
• Predicting the market
• Tips on how to get filled
• Using contingent orders

Track Three - Advanced

The advanced track for serious traders. It includes everything that happens beyond when a trade actually gets placed. Strategies Taught:

• Adjusting/hedging trades
• Exiting trades automatically
• Setting stop-losses
• Setting trade triggers
• Knowing when to adjust portfolio balance
• Rolling trades for duration
• Expiration week checklist
• Dealing with stock assignment and dividends
• Freeing up cash in margin
• Running a professional trading business.

You shouldn't want to "Netflix" or binge watch these videos. Each track has 14-15 videos, between 25 minutes to an hour. They are densely packed with information, which you want to retain in chunks. Watch one video a day in order to continue to build momentum in your options trading.

Top 4 Tips for Option Alpha's New Tracks

1. Start where you are.

‍Don't assume that you can leap forward; really make sure you understand your foundation.
Perhaps even go back a step and review what you think you have already learned.

2. Take notes.

‍According to studies, this increases your retention by up to 64% versus just watching or listening.

3. Answer questions for others.

‍If you can answer questions for other people it then reinforces that knowledge in your own mind and helps you get to where you want to go even faster.

4. Trade alongside the tracks.

‍Options trading it not something you can learn in one single setting and then go trade and never come back. Best is to start making small trades along the way as you are going through the tracks, especially in track two where you learn how to find and enter trades. This allows you to have real trades to work on in track three, to learn how to manage those trades.