Legal Disclaimer

The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Showing posts with label Udemy. Show all posts
Showing posts with label Udemy. Show all posts

Monday, June 21, 2021

Review of Udemy Course: Options Trading for Rookies: Understand Options Completely

"Options Trading for Rookies: Understand Options Completely" will quickly help you understand the basics of Options trading in just a few hours.

Course

The course is by Kal Zurn and is a paid course on Udemy. It runs around 2.5 hours. It's the most expensive of his courses at $124.99, although I think he runs specials now and then. The follow-on courses are a lot less expensive, usually around $14-$16 each.

Overview

The course is broken into several sections: Intro, Defining Options, Options vs Stocks, Call Options, Put Options, and a "Bonus Section" Vertical Options. (He digs much deeper into verticals in the follow-on courses.)

At first glance, I was a little worried this would be too basic for me. I've been trading Options for a while, have watched a lot of YouTube videos, read several articles, and already took courses on stock trading before this.

Fortunately, I'm glad I didn't skip this course and go straight to his more advanced classes. That's because for each section, he digs into several scenarios; helps better understand Probability of Profit (POP); and, finally, how and when a trade can lose even if the original thesis is correct -- probably the most confusing aspect of Options trading for beginners.

Critique

Overall, a big thumbs up on this course if you have you been trading Options for less than a year, only dabbled, or lack confidence that you truly "get it." Side note: I find it easier to follow a specific track for training in a course format than by clicking through seemingly random YouTube training videos. 

A kind of annoying negative to note however. The volume really varies throughout the sections. For example, let's say he's talking at "volume 6 of 10" in one section, but in the next where he is doing an aside, he may suddenly be at "volume 9 of 10" and you have to scramble to turn down the volume (only to turn it back up in a later section.)

Rating

Strongly Recommended

Recommended

Not Recommended



Review of "Quick Cash With Straddles & Strangles" by Matt Morris

Review " Quick Cash with Straddles & Strangles " is very specific to the author's strategy around Fed announcements and go...