Mini Courses
Stratagem Trading offers one or two day courses (4 to 8-hours per day) on specific topics and/or trading strategies from time to time. These courses are designed to address and prepare for anticipated market events (such as the Crash Ready course), or to present in-demand strategies, which maybe of interest to a wider public audience. Topics range from basic to advanced.
What is an Advanced Risk Reversal?
A Risk Reversal is perhaps the ideal strategy for a directional trade that is more forging than a long option or vertical spread. By strategically placing a long vertical call spread and a short put spread (or the reverse), traders mitigate volatility, skew and time premium risk associated with a directional trade such as a vertical spread, while allowing a huge room for the market to move in the wrong direction without a loss. That doesn't happen with a long call or put spread.
The key to this trade is the correct selection of strike prices, width of vertical spreads, expiration dates, and adjustment/hedging techniques. Perhaps this is why so many large traders and firms use this strategy as a speculation and hedging tool.
This is a strategy we are going to be using very often in POT classes during this low volatility environment that is frustrating most traders. Why? It can implemented in any market condition, and it ideal for overbought and over sold market conditions.
Scott
aka J.L. Lord
Scott (aka JL Lord) is a retired floor trader (CBOE) with over 20 years of extensive experience and expertise in leading others in their trading education journey on the subtleties of stock, commodity, currency, index and option trading.
He rose to prominence as the lead instructor/head trader for option education companies such as TradeSecrets, Optionetics, and Random Walk. His many accolades and accomplishments include authoring over 15 books, textbooks and course manuals under the nom de plume J.L. Lord.
Problem
Have ever purchased a vertical spread and watched the market move in the desired direction, and still lost money on the trade?
You know the frustration associated with vertical spreads. Other spread strategies (BWB's Time Spreads, Unbalanced Birds, etc) can get around this frustration; however, they are often limited in their quality and effectiveness when volatility and skew are not favorable.
Solution
The Risk Reversal (and Advanced Risk Reversal) is the ideal strategy for traders wanting the benefits of a vertical spread without the volatility and time decay negatives. The very flexible hedging ability of this strategy also affords ways to eject out of a trade that has gone against you, something the vertical spread lacks.
Included
One full day of class instructions, access to class recordings and PDF copy of slides. There will also be a live trade class during the week. This will be done over the course of 1-2 weeks as allowed by market conditions and will include SLACK and email updates.
This is the last MINI CLASS before the massive 3-4 day WHAT STRATEGY, AND WHEN CLASS.
Slack
We will have a trade example following the class as an extra bonus, and this may be played with for weeks. People will receive SLACK and email updates when we trade and adjust.
We expect this straight forward class with CRITERIA to have few questions following the event; however, Stratagem always delivers more than promised. If a second class for Q/A is needed, we will provide it at no cost as an added bonus a couple of weeks later.
Registration
For the FULL PACKAGE of class with textbook,
the early-bird rate is $899 until July 10, 2024.
Effective July 11, 2024: $999.
For CLASS ONLY, the early-bird rate is $599 until July 10, 2024.
Effective July 11, 2024: $699.
Class Schedule
StratagemTrade hosts mini-classes when our students ask for it, and it is too much information to be presented in our POT classes.
LEARN A NEW STRATEGY THAT MATCHES YOUR TRADING STYLE!
For more information, CLICK HERE.
