Optionelements – Option Combination Strategies Recorded Course

This course explores a completely different way to manage your option positions.
Using Combinations of tactics to control the Greeks of the Positions
In this course, I teach extensive ways to manage your positions by the Greeks

And How to control The Greeks of your Position in relation to one another
This course covers 8-10 one hour sessions using ON-LINE CLASSES, VIDEOS, PDFS, LIVE TRADING AND HISTORICAL RESULTS.
Learn the Option Elements unique perspective on Combining tactics together to better control the Greeks of your position
Combination Strategies

– Definition
– The difference between a Strategy & a Tactic
– Short & Long
– The problem with singular Strategies
– High Probability
– Low Probability
– Others

Tactic Combinations and the effect on Your Strategy

– Iron Condor’s vs. Combo’s
– Butterflies vs. Combo’s
– Calendars vs. Combo’s
– Combining Debit Spreads and Condors
– Combining Vertical Spreads and Butterflies
– Combining Butterflies, Credit Spreads & Calendars
– Combining Ratio Spreads, Debit Spreads & Calendars

Why & When to Adjust

– Basic Rules
– Different Types of Adjustments on the Upside
– Different Types of Adjustments on the Downside
– The Importance of Timing
– The Best Methodology for You

Different Styles and Psychology of Each Trader

– Using the “weekly” options in Combinations
– Proper sequence for entering Multi-Leg Combo’s
– Importance of Back Testing & its limitations
– Psychology
– Understanding Probabilities

Preparing a Good Plan

– What it Consists of
– Risk Management
– When to Trade & When not to Trade
– Consistency

The Greeks and their Impact on Combo’s

– Review of the Greeks
– Greek Ratios
– Greek Trends
– How to manage the Greeks
– What it is Key in our Trading
– The importance of Volatility
– Implied VOL and Historical VOL

How to get the Best Executions

– The Importance of Good Executions
– Timing
– Ways to Buy and Sell
– The Role of Market Makers
– The Importance of a Good Trading Platform