Introduction to Options Course: A Comprehensive Guide for Intermediate Traders

The "Introduction to Options" course is tailored for individuals who are either new to options trading or looking to refresh their knowledge of risk management basics. This intermediate-level course also serves as a practical guide for learning how to navigate and utilize option fields and data in Interactive Brokers' Trader Workstation (TWS). It's an excellent resource for anyone seeking to gain a deeper understanding of options trading.

Key Course Highlights:

1. Introduction to Call and Put Options: Starts with the basics of call and put options, including comparisons between buying stocks and options, and introduces call spreads for risk management.
2. Vertical Credit Spread: Teaches the concept of the credit spread, involving two option legs and earning a premium while managing risk.
3. Understanding Put-Call Parity: Explains the relationship between put and call prices, underlying stock prices, and the impact of dividends and interest rates.
4. The Greeks in Options Trading: Delves into the 'Greek' variables (Delta, Gamma, Theta, Vega, Rho) and how they influence option pricing over time, including factors like expiration dates and interest rates.
5. Using TWS Mosaic for Calls and Puts: Provides practical training on adding call and put orders in TWS Mosaic, including configuring displays for Greek values and using the Performance Graph for option scenarios.

Participants in the "Introduction to Options" course will gain a solid foundation in the essentials of options trading, including strategic concepts and practical application in TWS. The course is designed to build confidence in understanding and executing options trades, offering a blend of theoretical knowledge and hands-on experience. Whether you're just starting out in options trading or looking to strengthen your existing skills, this course offers valuable insights and tools to enhance your trading strategies in the options market.