Alert

Looking for even more trade ideas? Sign up for Alpha Boost, a FREE email from quiet foundation!

WDIS: Options 201 hero image

WDIS: Options 201

Back in session! Dr. Jim Schultz and Brittany are ready for another leap forward in options trading knowledge! From the addition of undefined risk strategies to a deeper, more detailed understanding of the Greeks, Brittany has a lot to look forward to in this series.

Semester Overview
Apr 17, 2017
WDIS is back! Today, we provide an overview of what to expect in Options 201
What's the worst that can happen?
Apr 19, 2017
After covering defined-risk strategies earlier this year, Dr. Jim and Brittany are ready to tackle undefined risk positions! Download the syllabus and follow along!
The Greeks: Pure & Unfiltered
Apr 20, 2017
In today's lesson Brittany learns another side to all the GREEKS.
Quiz #1
Apr 21, 2017
Dr. Jim ends the week with Brittany's 1st quiz of the second semester, which as always is an interactive quiz with our twitter tastynation.
From Theory to Practice
Apr 25, 2017
In today's class, Brittany learns how to approximate the buying power reduction for an undefined-risk trade.
Brittany's First Undefined-Risk Trade
Apr 26, 2017
Today is the day! Brittany places her first undefined risk trade, a naked (short) put. Tune in to see her hilarious reactions, while she places this trade!
Varying BPRs: ULs & Strikes
Apr 27, 2017
In today's WDIS 201, Brittany learns about varying BPRs between different ULs and strikes.
Quiz #2
Apr 29, 2017
Dr. Jim ends the week with Brittany's second quiz of the second semester. Tune in and test yourself on concepts of undefined risk trading.
Managing Calendar Spreads
May 2, 2017
In today's episode of WDIS Options 201, Brittany learns how to manage her losing calendar spread.
Size is LIFE
May 3, 2017
OMG! Brittany places her first earnings trade, and learns the importance of staying small in the undefined-risk trading world.
An AAPL Never Tasted So Good
May 4, 2017
In today's class, Brittany gloats in glory over her first, winning earnings trade - a short call spread in AAPL. She also places her second earnings trade - in FB! To implement her bearish view on FB, she learns a new strategy - the long put spread.
Defend, Adjust, and Manage
May 5, 2017
In today's class, Brittany learns more practical steps behind how she should approach the management of her losing trades.
Delta: Micro to Macro
May 9, 2017
Brittany places her third undefined-risk trade and learns the meaning of delta in regards to her entire portfolio.
Delta Neutrality
May 10, 2017
Brittany learns what it means to be "delta-neutral" in today's episode of WDIS.
Applying Neutrality
May 11, 2017
Brittany continues learning how to apply delta neutrality to her portfolio in today's episode of WDIS
How Many Deltas?
May 12, 2017
In today's episode of WDIS, Brittany answers an important question, "how many deltas should she carry in her portfolio"?
Quiz #3
May 13, 2017
Brittany takes her third quiz of the semester, which as always is interactive with our twitter tastynation
Intro to Portfolio Theta
May 16, 2017
Brittany takes her knowledge of theta and pairs it with the concept of risk on WDIS: Options 201.
More About Theta and Risk
May 17, 2017
Brittany continues building her knowledge of theta and how it translates into the concept of risk on WDIS Options 201.
Portfolio Theta
May 18, 2017
In today's episode of WDIS Options 201, Brittany begins to take her understanding of theta and apply it to the portfolio level.
Understanding Short Strangles & Portfolio Theta
May 19, 2017
Brittany adds another position to her dictionary (strangles) and is left to figure out how much portfolio theta she should carry on today's episode of WDIS
Quiz #4
May 20, 2017
Dr. Jim ends the week with Brittany's 4th quiz of the second semester, which as always is an interactive quiz with our twitter tastynation! Tune in to see how Brittany and tastynation did on quiz #4.
That Inverse Relationship
May 23, 2017
Brittany begins to take her understanding of how volatility is related to both stock prices, as well as option prices, to apply this knowledge to her portfolio vega.
Portfolio Vega for Delta Neutrality
May 24, 2017
Brittany learns how to apply portfolio vega to her delta neutral portfolio
Catch Up Day
May 25, 2017
Dr. Jim and Brittany utilize today's episode as a "catch up day" to analyze the current positions in her portfolio and place a new trade

tastytrade content is provided solely by tastytrade, Inc. (“tastytrade”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, transaction or investment strategy is suitable for any person. Trading securities can involve high risk and the loss of any funds invested. tastytrade, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. Investment information provided may not be appropriate for all investors, and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. tastytrade is not in the business of transacting securities trades, nor does it direct client commodity accounts or give commodity trading advice tailored to any particular client’s situation or investment objectives. Supporting documentation for any claims (including claims made on behalf of options programs), comparison, statistics, or other technical data, if applicable, will be supplied upon request. tastytrade is not a licensed financial advisor, registered investment advisor, or a registered broker-dealer. Options, futures and futures options are not suitable for all investors. Prior to trading securities products, please read the Characteristics and Risks of Standardized Options and the Risk Disclosure for Futures and Options found on tastyworks.com.

tastyworks, Inc. ("tastyworks") is a registered broker-dealer and member of FINRA, NFA and SIPC. tastyworks offers self-directed brokerage accounts to its customers. tastyworks does not give financial or trading advice nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of tastyworks’ systems, services or products. tastyworks is a wholly owned subsidiary of tastytrade, Inc (“tastytrade”). tastytrade is a trademark/servicemark owned by tastytrade.

Quiet Foundation, Inc. (“Quiet Foundation”) is a wholly-owned subsidiary of tastytrade The information on quietfoundation.com is intended for U.S. residents only. All investing involves the risk of loss. Past performance is not a guarantee of future results. Quiet Foundation does not make suitability determinations, nor does it make investment recommendations. You alone are responsible for making your investment and trading decisions and for evaluating the merits and risks associated with the use of Quiet Foundation’s systems, services or products.

Small Exchange, Inc. is a Designated Contract Market registered with the U.S. Commodity Futures Trading Commission. The information on this site should be considered general information and not in any case as a recommendation or advice concerning investment decisions. The reader itself is responsible for the risks associated with an investment decision based on the information stated in this material in light of his or her specific circumstances. The information on this website is for informational purposes only, and does not contend to address the financial objectives, situation, or specific needs of any individual investor. Trading in derivatives and other financial instruments involves risk, please read the Risk Disclosure Statement for Futures and Options. tastytrade is an investor in Small Exchange, Inc.

© copyright 2013 – 2021 tastytrade. All Rights Reserved. Applicable portions of the Terms of use on tastytrade.com apply. Reproduction, adaptation, distribution, public display, exhibition for profit, or storage in any electronic storage media in whole or in part is prohibited under penalty of law, provided that you may download tastytrade’s podcasts as necessary to view for personal use.