Basic Option Strategies Course: Intermediate Level Exploration

The "Basic Option Strategies" course is an intermediate-level program designed to provide a comprehensive understanding of popular option strategies. It's tailored for those looking to grasp how to use options in different market conditions, specifically focusing on bull and bear markets. This course also emphasizes the practical construction of these strategies using an online trading platform, making it an excellent resource for traders seeking to apply theoretical knowledge in real-world scenarios.

Key Course Highlights:

1. Basic Option Strategies Overview: Introduces the use of options for bull and bear market outlooks.
2. Bull Market – Long Call: Understanding the use of long call options when anticipating a market rise.
3. Practical Usage – Bull Market – Long Call: Demonstrates creating a long call position in Trader Workstation (TWS) using Option Chain.
4. Bull Market – Short Put: Explains using short put options in a bullish market scenario.
5. Practical Usage – Bull Market – Short Put: Guides on creating a short put in TWS using Option Chain.
6. Bull Market – Covered Call: Discusses generating income in a bullish market through covered call strategies.
7. Practical Usage – Bull Market – Covered Call: Shows how to create a covered call in TWS using Strategy Builder.
8. Bear Market – Long Put: Covers the use of long put options in a bearish market outlook.
9. Practical Usage — Bear Market — Long Put: Teaches creating a long put in TWS using Option Chain.
10. Bear Market – Covered Put: Examines generating income in a bearish market with covered put strategies.
11. Practical Usage – Bear Market – Covered Put: Demonstrates creating a covered put in TWS using Strategy Builder.

Upon completing the "Basic Option Strategies" course, participants will have a thorough understanding of various option strategies suited for different market conditions. They will learn both the theoretical aspects of these strategies and their practical application using TWS tools. This course is ideal for traders who want to enhance their options trading skills and effectively implement strategies in bull and bear markets.