How to Sell Covered Calls; Safe Options Trading Strategies
How to Sell Covered Calls; Safe Options Trading Strategies, available at $49.99, has an average rating of 4.65, with 28 lectures, based on 25 reviews, and has 105 subscribers.
You will learn about Review Introduction to Options Trading: calls vs puts, time decay, safe trading with collateral Use call options to get more money from stock you sell. Read an options chain. Understand the 100 multiplier. Select a strike price and expiration date that meet your goals for the trade. Select a strike price that ensures a profit if your call contract is assigned. Enter an order to sell a covered call. Understand the difference between short and long positions. Understand the "moneyness" of your short call. Know what to expect when your short call expires. This course is ideal for individuals who are Investors who want to learn more about options. or Experienced investors who want to use options to boost their returns. or Investors who want to manage their risk with safe options strategies. It is particularly useful for Investors who want to learn more about options. or Experienced investors who want to use options to boost their returns. or Investors who want to manage their risk with safe options strategies.
Enroll now: How to Sell Covered Calls; Safe Options Trading Strategies
Summary
Title: How to Sell Covered Calls; Safe Options Trading Strategies
Price: $49.99
Average Rating: 4.65
Number of Lectures: 28
Number of Published Lectures: 28
Number of Curriculum Items: 35
Number of Published Curriculum Objects: 35
Original Price: $64.99
Quality Status: approved
Status: Live
What You Will Learn
- Review Introduction to Options Trading: calls vs puts, time decay, safe trading with collateral
- Use call options to get more money from stock you sell.
- Read an options chain.
- Understand the 100 multiplier.
- Select a strike price and expiration date that meet your goals for the trade.
- Select a strike price that ensures a profit if your call contract is assigned.
- Enter an order to sell a covered call.
- Understand the difference between short and long positions.
- Understand the "moneyness" of your short call.
- Know what to expect when your short call expires.
Who Should Attend
- Investors who want to learn more about options.
- Experienced investors who want to use options to boost their returns.
- Investors who want to manage their risk with safe options strategies.
Target Audiences
- Investors who want to learn more about options.
- Experienced investors who want to use options to boost their returns.
- Investors who want to manage their risk with safe options strategies.
Are you ready to take the next step and start using options to safely boost your portfolio and returns? Learn to sell covered calls to bring extra cash into your account, and get paid more when you sell stocks you own.
First, we’ll review basic options concepts and terminology. If you have already taken the Introduction to Options Trading course, or my course about Selling Cash Secured Puts, this information will be familiar to you, but this time through, I’ve highlighted the most important information for selling covered calls.
Next, I’ll show you how to read an options chain and select a strike price and expiration date that match your investing goals. You’ll get step by step instructions for selling your first call. I’ll show you what to expect from the time the contract is opened until it expires. And I’ll make sure you understand the importance of having shares in your account as collateral in case you are assigned to sell your stock!
We’ll look at scenarios where a call is “in the money” or “out of the money” at expiration. I’ll show you how to find your breakeven point, determine your goals for the trade and see if the outcome you get matches your original goals.
Note: This course is the third of a 3-part “Novice Options Traders” series, but can be taken as a stand-alone course.
A warning about risk: All over the internet, you’ll find self-proclaimed gurus who promise you outsized returns. Some of them may even try to convince you to hand your funds over to them so they can invest for you. Taking the wrong advice or giving your funds to someone else to invest can blow your whole portfolio. Even a few trades that go against you can wipe out any gains you make.
You can count on me to level with you. I will not make false promises and I will never suggest you give me your money to manage. I am a teacher, not a financial manager. Trading options is not necessarily any riskier than just buying and selling stocks and funds. In fact, there are ways to use options to boost your returns and actually reduce your risk rather than amplify it.
I do want to be clear and honest up front that I am not encouraging the kind of risks that might bring you outsized gains on your overall portfolio. Anyone who promises you that is probably encouraging you to take on more risk than I can justify. But you can use options to pay less for stock you want to own, and to make extra cash on stocks you are willing to sell. An extra few percentage points on your earnings each year, can really add up over time. And during a bear market, or even just an expected market correction, using options can reduce your losses and set you up for a bigger recovery.
Your first assignment will be to use this checklist to see if you are ready to trade options.
Are you ready to trade options?
Check and see if these statements are true for you.
-
I have a brokerage account I manage myself.
-
I know how to buy and sell shares of stock.
-
I know how to choose stocks I want to own.
-
I can use limit orders to set my buy and sell prices.
-
I have the funds and the risk tolerance to invest at least $5000 in a single company.
-
I want to actively manage my account.
-
I have the time to check my options positions at least once a week and place orders once or twice a month.
-
I am patient and want to build my portfolio safely, over time.
-
I like to understand how things work. Don’t just give me a fish; I want to learn to fish.
If these statements are not true of you yet, I suggest you start with myNovice Investors: Introduction to The Stock Marketcourse to build more background knowledge. Learn how the stock market works and spend a little time buying/selling stocks and funds before you jump into options. But if you really want to learn about options, go ahead and take the course, but consider a paper trading account to practice before you put your money on the line.
Course Curriculum
Chapter 1: Introduction
Lecture 1: Introduction
Chapter 2: Introduction/Review of Options Trading
Lecture 1: How Options Trades Work
Lecture 2: Two Types of Contracts, Four Ways to Trade
Lecture 3: The 100 Multiplier
Lecture 4: Sell Calls, Take Advantage of the Passage of TIme
Lecture 5: Protect Yourself When Trading
Lecture 6: When an Option Contract Expires: Moneyness
Lecture 7: Was the Trade a Success?
Lecture 8: Risks and Regrets
Lecture 9: Complex Options Spreads
Lecture 10: Is Your Account Set Up for Options?
Chapter 3: Overview: How to sell a covered call
Lecture 1: Introduction to Selling a Call
Lecture 2: Choosing a Stock
Lecture 3: Choosing a Strike Price and Expiration Date
Lecture 4: Entering an Order
Lecture 5: Waiting for Expiration
Lecture 6: What Happens on Expiration Day?
Lecture 7: Is this a Profit? Example
Chapter 4: Selling Your First Covered Call: Step by Step Instructions
Lecture 1: Three Decisions
Lecture 2: Step One: Choose a Stock | Questions to Ask Yourself
Lecture 3: Step Two: Find the Options Chain
Lecture 4: Step Three: Choose a Strike Price
Lecture 5: Step Four: Choose an Expiration (Dividends Matter)
Lecture 6: Step Five: Prepare, Double Check and Submit Your Order
Lecture 7: Step Six: Check for Execution | Wait for Expiration
Lecture 8: Step Seven: Plan for Expiration
Lecture 9: Buy to Close: Avoid Assignment, Bring in Extra Income
Chapter 5: What Comes Next?
Lecture 1: Take Your Next Steps
Instructors
-
Patricia Saylor
Teaching Novice Investors
Rating Distribution
- 1 stars: 0 votes
- 2 stars: 1 votes
- 3 stars: 1 votes
- 4 stars: 7 votes
- 5 stars: 16 votes
Frequently Asked Questions
How long do I have access to the course materials?
You can view and review the lecture materials indefinitely, like an on-demand channel.
Can I take my courses with me wherever I go?
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!
You may also like
- Top 10 Video Editing Courses to Learn in November 2024
- Top 10 Music Production Courses to Learn in November 2024
- Top 10 Animation Courses to Learn in November 2024
- Top 10 Digital Illustration Courses to Learn in November 2024
- Top 10 Renewable Energy Courses to Learn in November 2024
- Top 10 Sustainable Living Courses to Learn in November 2024
- Top 10 Ethical AI Courses to Learn in November 2024
- Top 10 Cybersecurity Fundamentals Courses to Learn in November 2024
- Top 10 Smart Home Technology Courses to Learn in November 2024
- Top 10 Holistic Health Courses to Learn in November 2024
- Top 10 Nutrition And Diet Planning Courses to Learn in November 2024
- Top 10 Yoga Instruction Courses to Learn in November 2024
- Top 10 Stress Management Courses to Learn in November 2024
- Top 10 Mindfulness Meditation Courses to Learn in November 2024
- Top 10 Life Coaching Courses to Learn in November 2024
- Top 10 Career Development Courses to Learn in November 2024
- Top 10 Relationship Building Courses to Learn in November 2024
- Top 10 Parenting Skills Courses to Learn in November 2024
- Top 10 Home Improvement Courses to Learn in November 2024
- Top 10 Gardening Courses to Learn in November 2024