Optionelements – Option Combination Strategies Recorded Course

• Definition
• The difference between a Strategy & a Tactic
• Short & Long
• The problem with singular Strategies
• High Probability
• Low Probability
• Others

Tactic Combinations and the effect on Your Strategy

• Iron Condor’s vs. Combo’s
• Butterflies vs. Combo’s
• Calendars vs. Combo’s
• Combining Debit Spreads and Condors
• Combining Vertical Spreads and Butterflies
• Combining Butterflies, Credit Spreads & Calendars
• Combining Ratio Spreads, Debit Spreads & Calendars

Why & When to Adjust

• Basic Rules
• Different Types of Adjustments on the Upside
• Different Types of Adjustments on the Downside
• The Importance of Timing
• The Best Methodology for You

Different Styles and Psychology of Each Trader

• Using the “weekly” options in Combinations
• Proper sequence for entering Multi-Leg Combo’s
• Importance of Back Testing & its limitations
• Psychology
• Understanding Probabilities

• What it Consists of
• Risk Management
• When to Trade & When not to Trade
• Consistency

The Greeks and their Impact on Combo’s

• Review of the Greeks
• Greek Ratios
• Greek Trends
• How to manage the Greeks
• What it is Key in our Trading
• The importance of Volatility
• Implied VOL and Historical VOL

How to get the Best Executions

• The Importance of Good Executions
• Timing
• Ways to Buy and Sell
• The Role of Market Makers
• The Importance of a Good Trading Platform