eBOOKS & RECORDINGS
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Course Video and Slides
Bonus class videos of Rolling Thunder Intro, Billy Baroo and What Strategy When
What Strategy When Worksheet
Crash Ready eBook
In this course, you will learn how to have constant protection that won’t dramatically reduce your returns and the exact process you need to successfully trade at the beginning of the collapse—before it’s too late. It will also show how you can protect yourself and your assets from the inevitable vicious bounces that stop people from making the big dollars.
What’s in the package? A 73-page companion eBook on Market Crash Preparedness and instant access to the CRASH READY course video library so you can watch the videos at any time that works best for you. Also included: The course slide deck of golden information that you can quickly reference when you need it, POT class recordings on Introduction to Rolling Thunder (also known by options traders as The Ultimate Hedging Technique), Billy Baroo (also known by options traders as Time Spread of Vertical Spreads), and What Strategy When plus its worksheet.
CIS Course Video
In this course, you will learn the correct way to use an in-the-money call to replace stock. An overview of the thinking behind the strategy examines the cost reduction of the call compared to stock, the myths and incorrect uses, the risks of picking the wrong call, how the Greeks—vega and theta—affect it, and how to create a synthetic collar using a call instead of stock.
Criteria for choosing the ITM call, put hedge, and short call are detailed. Using a call can greatly reduce the cost versus stock, but which call do you choose from the many choices? You are taken logically through the process of narrowing down the choices, comparing top candidates, and then picking the best long call strike and expiration. You will then learn the criteria for selecting the put hedge and short call to complete the synthetic collar. See the criteria come to life as they are applied step by step to a stock using the option chains, charts and graphs. A step-by-step checklist condenses the detailed concepts and criteria, which you can use when constructing your own call instead of stock collars.
You will receive an 80+-page Call Instead of Stock eBook and instant access to the companion video. The class video complements and expands on the material in the book.
5YM Course Videos (Part 1 and Part 2)
5YM Worksheet + Sample Worksheet
The 5-Year Millionaire is a unique form of the collar where the focus is on selling high option premium rather than depending on stock movement. You will learn how it compares to a traditional collar, the important differences in the approach and thinking behind the 5-Year Millionaire, and the option locations on the normal distribution curve for each collar type. You will learn how it works with insights on how to pick the right stock, how to initiate the trade, where to position the option strikes, and which expiration to use. An overview of how the position is managed is also included.
Step-by-step criteria are presented in detail in both the eBook and class videos. The videos take you through the criteria using actual stocks and option chains, and how to manage the various scenarios that could occur once the trade is in place. The criteria are summarized in a handy flowchart for easy reference.
Should you decide to purchase the Broken Wing Butterfly book (available in 2018), your purchase price for this introductory class will be counted as a discount towards the cost of the BWB textbook.
Broken Wing Butterfly
When first learning to trade, many people become intrigued by the risk/reward ratio of a traditional butterfly. Paying $0.10 to $0.20 for a butterfly that can make $5 looks too good to be real. However, after doing a few butterfly trades, people learn really quickly that it is difficult to pick a closing price for a stock or index.
Do you want the potential returns of the butterfly, but yearn for a way to enter into them for zero cost? Here is the solution—the Broken Wing Butterfly (BWB).
This 2.5-hour class video (with its companion spreadsheet) demonstrates the BWB concepts. The evolution of the broken wing butterfly (BWB) from the naked option, to the spread, to the butterfly, and to the BWB is also explained, comparing the risks and rewards of each. You will learn where and when butterflies are worth the most and the limitations of traditional butterflies.
Defining the BWB—The BWB construction is explained including the strike placement, duration, margin, and volatility considerations. The traditional butterfly and BWB are compared. The basic rules for BWBs are introduced.
Learn Stratagem’s method of using the option chain to predict the price of the BWB (and other trades) after an immediate price move. Demonstrations using the option chain and BWB pricing to determine the strike locations, the loss area, the maximum profit area, and where you get out are included. Ideas on how to scale out of BWBs in steps are presented.