How to Sell Cash Secured Puts; Safe Options Trading

How to Sell Cash Secured Puts; Safe Options Trading, available at $44.99, has an average rating of 4.95, with 29 lectures, based on 31 reviews, and has 125 subscribers.

You will learn about Use put options to buy stock at a discount. Read an options chain. Understand the 100 multiplier. Enter an order to sell a put. Understand the "moneyness" of your contract. Know what to expect when your options contract expires. Select a strike price and expiration date that meet your goals for the trade. Review Introduction to Options Trading: calls vs puts, time decay, safe trading with collateral This course is ideal for individuals who are Investors who are curious about options. or Experienced investors who want to use options to boost their returns. or Careful investors who want to manage their risk while boosting their returns. It is particularly useful for Investors who are curious about options. or Experienced investors who want to use options to boost their returns. or Careful investors who want to manage their risk while boosting their returns.

Enroll now: How to Sell Cash Secured Puts; Safe Options Trading

Summary

Title: How to Sell Cash Secured Puts; Safe Options Trading

Price: $44.99

Average Rating: 4.95

Number of Lectures: 29

Number of Published Lectures: 29

Number of Curriculum Items: 36

Number of Published Curriculum Objects: 36

Original Price: $64.99

Quality Status: approved

Status: Live

What You Will Learn

Use put options to buy stock at a discount.

Read an options chain.

Understand the 100 multiplier.

Enter an order to sell a put.

Understand the "moneyness" of your contract.

Know what to expect when your options contract expires.

Select a strike price and expiration date that meet your goals for the trade.

Review Introduction to Options Trading: calls vs puts, time decay, safe trading with collateral

Who Should Attend

Investors who are curious about options.

Experienced investors who want to use options to boost their returns.

Careful investors who want to manage their risk while boosting their returns.

Target Audiences

Investors who are curious about options.

Experienced investors who want to use options to boost their returns.

Careful investors who want to manage their risk while boosting their returns.

Are you ready to take the next step and start using options to safely boost your portfolio and returns?  Learn to sell cash secured puts to bring extra cash into your account and reduce your costs for the stocks you want to buy.  I’ll show you how to manage your portfolio with LESS risk than buying stock outright at current market prices. 

(Watch the promo video to see how your first trade can pay for the course with change left over!)

First, we’ll review basic options concepts and terminology.  The review covers the content in my Options Trading for Beginners course, but I have highlighted the most important parts relevant to selling puts.  If you have already taken the  Options Trading for Beginners course, this will be familiar to you, but it’s probably worth listening to again.

Next, I’ll show you how to read an options chain and select a strike price and expiration date that match your investing goals.  You’ll get step by step instructions for selling your first put.  I’ll show you what to expect from the time the contract is opened until it expires.  And I’ll make sure you understand the importance of holding cash in your account as collateral in case you are assigned to buy the stock! 

We’ll look at scenarios where a put is “in the money” or “out of the money” at expiration.  I’ll show you how to find your breakeven point, determine your goals for the trade and see if the outcome you get matches your original goals. 

Note: This course is the second of a 3-part “Novice Options Traders” series, but it can be take as a stand-alone course. 

A warning about risk:  All over the internet, you’ll find self-proclaimed gurus who promise you outsized returns. Some of them may even try to convince you to hand your funds over to them so they can invest for you. Taking the wrong advice or giving your funds to someone else to invest can blow your whole portfolio. Even a few trades that go against you can wipe out any gains you make. 

You can count on me to level with you.  I will not make false promises and I will never suggest you give me your money to manage. I am a teacher, not a financial manager. Trading options is not necessarily any riskier than just buying stocks and funds. In fact, there are ways to use options to boost your returns and actually reduce your risk rather than amplify it.

I do want to be clear and honest up front that I am not encouraging the kind of risks that might bring you outsized gains on your overall portfolio. Anyone who promises you that is probably encouraging you to take on more risk than I can justify. But you can use options to pay less for stock you want to own, and to make extra cash on stocks you are willing to sell.  An extra few percentage points on your earnings each year, can really add up over time.  And during a bear market, or even just an expected market correction, using options can reduce your losses and set you up for a bigger recovery. 

Your first assignment will be to use this checklist to see if you are ready to trade options.

Are you ready to trade options?

Check and see if these statements are true for you.

I have a brokerage account I manage myself.

I know how to buy and sell shares of stock.

I know how to choose stocks I want to own.

I can use limit orders to set my buy and sell prices.

I have the funds and the risk tolerance to invest at least $5000 in a single company.

I want to actively manage my account.

I have the time to check my options positions at least once a week and place orders once or twice a month.

I am patient and want to build my portfolio safely, over time.

I like to understand how things work. Don’t just give me a fish; I want to learn to fish.

(If these statements are not true of you yet, I suggest you start with myNovice Investors: Introduction to The Stock Marketcourse to build more background knowledge.  Learn how the stock market works and spend a little time buying/selling stocks and funds before you jump into options.)

Course Curriculum

Chapter 1: Introduction | Meet your Instructor

Lecture 1: What to Expect in this Course

Chapter 2: Introduction to Options Trading

Lecture 1: How Options Trades Work

Lecture 2: Two Types of Contracts, Four Ways to Trade

Lecture 3: The 100 Multiplier

Lecture 4: Sell Puts, Take Advantage of the Passage of Time

Lecture 5: Protect Yourself When Trading

Lecture 6: When an Option Contract Expires

Lecture 7: Was the Trade a Success?

Lecture 8: Risks and Regrets

Lecture 9: Complex Options Spreads

Lecture 10: Setting Up Your Account to Trade Options

Chapter 3: Overview: How to Sell a Put

Lecture 1: Introduction to Selling a Put

Lecture 2: Choosing a Stock

Lecture 3: Choosing a Strike Price and Expiration Date

Lecture 4: Entering an Order

Lecture 5: Waiting for Expiration

Lecture 6: What Happens on Expiration Day?

Lecture 7: Example: Is This a Profit?

Chapter 4: Selling Your First Put | Step by Step Instructions | Questions to Ask Yourself

Lecture 1: Chose a Stock | Questions to Ask Yourself

Lecture 2: Find the Options Chain

Lecture 3: Choose a Strike Price

Lecture 4: Choose an Expiration Date

Lecture 5: Prepare, Double-Check and Submit Your Order

Lecture 6: Check for Execution and Wait for Expiration

Lecture 7: Plan for Expiration

Lecture 8: Exceptions: FOMO and "Buy to Close"

Chapter 5: What Comes Next?

Lecture 1: What Should I Learn Next?

Lecture 2: Feedback

Lecture 3: Where to Learn More

Instructors

Patricia Saylor
Teaching Novice Investors

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4 stars: 5 votes

5 stars: 26 votes

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