This course is designed to teach the basics of investing in the stock market. Exchange Traded Funds (ETFs) are discussed and contrasted to mutual funds as alternative vehicles for stock market investing. A significant portion of this course is devoted to risk management. Stock market investing should not keep you up at night - what happened to many investors in 2008 does not have to happen to you if you apply proper risk management. Fundamental analysis of stocks is reviewed as a tool for selecting stock candidates and contrasted with technical analysis, the art and science of technical indicators and chart reading. Several common technical indicators and candlestick patterns are explained and demonstrated. Each class includes a homework assignment that will be reviewed at the
beginning of the next class; this ensures a practical understanding of
the previous class topics. A systematic approach to stock selection, buying, and selling is presented. Students will be coached as to the investing styles and methods best suited to their objectives and risk tolerance. At the completion of this course, the student will:
Understand the use of ETFs and the pros and cons versus using mutual funds
Be able to fundamentally analyze a stock candidate and select the optimal price entry point
Understand technical indicators and their complementary use with fundamental analysis
Understand the basics of candlestick pattern analysis
Understand risk management and various stop loss techniques
Be familiar with techniques for portfolio management and rules for selling
Have developed a personal trading system, consistent with his or her objectives and risk tolerance
This course encompasses the fundamentals of equity and index options trading. It begins with a study of probabilities and normal distributions because this forms the basis of how options are priced. This leads to a discussion of implied volatility, time decay, and the Greeks. The Greeks are mathematical parameters used by option traders in two specific ways: 1) analysis of various trade candidates and differentiation of the risks of each trade, and 2) for managing an ongoing trade, the Greeks quantify the risks and signal the need for adjustments to the position. The strategies of covered calls, selling naked puts, married puts, and collars are presented and discussed in detail. Appropriate stock candidates, market conditions, risk management, expected returns, and trade management are discussed for each of these strategies. LEAPS, or long term options, are discussed as stock investment surrogates, a less expensive way of long term investments in stocks.
Each class includes a homework assignment that will be reviewed at the
beginning of the next class; this ensures a practical understanding of
the previous class topics. This course ends with a thorough discussion of vertical spreads and their use in bullish, bearish and sideways strategies. Vertical spreads are also used to introduce more complex, multi-legged options strategies that will be discussed in detail in the Advanced Options Trading class. Students completing this course will be prepared to:
Use covered calls and sell naked puts as income generation strategies
Use covered calls to supplement the income from a long term stock portfolio
Employ the selling naked puts strategy to buy stocks at a discount for long term holdings
Buy puts as "stock insurance"
Use the collar when one is uncertain about a stock's future
Buy LEAPS as a cheaper method of longer term investing in individual stocks
Use vertical spreads as directional trading strategies on individual stocks or the broad market indexes
Students will receive:
Electronic copies (pdf files) of all class materials
A Probability Calculator
A Covered Call Analysis spreadsheet
Quick reference trade setup guides for: 1) Covered calls, 2) Selling naked puts, 3) Long calls/puts, and 4) Vertical spreads
Includes unlimited email hotline assistance during and after the course
Ask about our no risk, money back guarantee!
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The Advanced Options Trading course covers in detail the more complex, multi-legged options strategies. We discuss the market conditions that are optimal for each of these strategies, their risk/reward trade-offs, and how they can be used for monthly income generation as well as speculating on the direction of particular stocks or the broad market indexes. We will discuss the use of straddles and strangles for expected significant moves in a stock's price, e.g., in advance of an FDA announcement, legal announcement, or an earnings announcement. We will spend a lot of our time on trade management, in particular, trade adjustment. This is an essential ingredient in proper risk management of these positions. Several different adjustments will be reviewed for each strategy with a discussion of the pros and cons of each adjustment technique. Each class includes a homework assignment that will be reviewed at the beginning of the next class; this ensures a practical understanding of the previous class topics.
The last class in this series covers investment psychology, risk management, money management, trade monitoring, post audits, and portfolio management - all essential elements to successfully growing your stock and options trading into a viable business. At the completion of this course, the student will understand:
Delta neutral options trading strategies
Using calendar, double calendar, condor and butterfly spreads as monthly income generation strategies
How to make adjustments to income trades to compensate for adverse market moves
Placing calendar, butterfly and diagonal spreads as directional speculative trades
Benefiting from large price moves after significant events such as earnings announcements
How to build a trading system complete with rules and adjustment techniques, and ensuring the system is consistent with the student's objectives, risk tolerance, and time available to manage the positions
Students will receive:
Electronic copies (pdf files) of all class materials
Quick reference trade setup guides for the following option spreads:
Calendars
Double calendars
Iron condors
Iron butterflies
This course builds upon several technical concepts from the Equity and Index Options course, so that course is a recommended prerequisite.
Length: Two Hour Private Webinar or Live One-on-One Session
A preliminary telephone conversation will establish the agenda and list of topics for the private session. This venue is ideal for trading strategy tune-ups or for experienced traders who wish to focus on one or two topics. The session can be held face-to-face in the greater Chicago area if desired. A customized curriculum for multiple sessions may be designed and specially priced. Click the Contact Us tab to set up a no obligation discussion of the possibilities.
These new classes will be delivered in a webinar format, offered
several times per week to suit your schedule. You can attend the same day each week, attend a different session one week to accommodate your schedule or even repeat a class if desired. Each class includes a copy of the slides, homework questions and problems, and a discussion of the previous class' homework.
This is
your opportunity for high quality, no hype education on options trading
at a very attractive price.
A new class begins January 9. Click the Group Webinars icon in the Online Store for the detailed curriculum.
Dr. Duke’s Stock and
Options Coaching
Are you tired of paying thousands of hard earned dollars for trading education and yet finding those hyped gains to be elusive?
Kerry Given, Ph.D. (Dr. Duke) cuts through all of the marketing hype and get rich quick schemes surrounding stock and options trading. Many firms are offering to teach you how to trade stock and/or options. Dr. Duke is the only one who trades options in public so you can see his track record in real time. Follow Dr. Duke's blog and see for yourself. You are entering the No Hype Zone!
Dr. Duke will work with you however you are most comfortable:
Private classes delivered live via webinar or face-to-face within the greater Chicago area.
Group classes delivered live via webinar. A new class begins January 9. Reserve your spot today!
Private classes customized for the topics of your choice, based upon your background.
Follow Dr. Duke as he trades the iron condor with the Flying With the Condor™ trading advisory service. This service completed 2011 with a 39% gain. Download the track record.
Check out Dr. Duke's Trading Group. 68% of his trade recommendations have been profitable since this trading group began. Our trading group trades ended 2011 with an 11% gain, compared to a flat year for the S&P 500. You can download his track record here.
Dr. Duke's new book, No-Hype Options Trading, published by John Wiley and Sons, is now available on Amazon. An early reviewer praises Dr. Duke's book as, "the best introductory book on options that I've ever encountered". Check out this recent book review.
. An early reviewer praises Dr. Duke's book as, "the best introductory book on options that I've ever encountered". Check out this recent 