Options Mastery 2007 Edition - A Key To Unlock Stock Options As A Wealth Creation Tool

Options University Delivers One Of The Best Option Trading Educational Series Available On The Trading Floor Or To The Retail Public At An Incredible Price Savings

Stock options are one of the best wealth creation and preservation tools on the planet.  They are used by large institutional investors and wealthy individuals to enhance and protect the vast sums of wealth that they manage.  With stock options now traded on multiple exchanges, commissions at very affordable rates, and a growing number of options savvy brokers, the only barrier that stands between you and these wealth creation tools is a good stock options education.

Ron Ianieri Delivers A Professional Trading Curriculum

Ron Ianieri is a former floor trader who developed sufficient respect in the industry for his knowledge that he was hired to teach other traders about options.  That curriculum that Ron Ianieri taught to other traders is the heart of his Options Mastery Series.

The Options Mastery Series has been fully revised for 2007.  It incorporates the latest developments in the options trading world and is designed to provide the student with a fundamental understanding of how options work and how they can be used in the market for the creation and preservation of wealth.

This options course consists of a series of video presentations by Ron Ianieri.  The videos are organized into four modules, with each module consisting of several DVD video discs.  Written materials accompany the videos as an additional reference source.

The Options Mastery course is not another hype filled, superficial trading course.  The material covered is solid.  Most people taking this course will need to view the each video more than once to full understand the concepts being taught.  Options are a relatively complex subject and many "big name" educators avoid tackling the complexities of options for fear of losing their audience.  As a result, the audience does not learn what they need to understand to be profitable.  Ron Ianieri and Options University not only tackles the tough subjects, but Ron tackles them in a way that makes this tough theoretical subject understandable to the average person.

Options Pricing Models Explained

Stock options are "derivative" securities.  What that means is that the price of an option is derived from factors other than the option itself.  The relationship of these factors has been explained through a mathematical formula, commonly referred to as the "Black-Scholes Model."  That formula is the foundation upon which we can begin to build an understanding of how options work.

Ron Ianieri starts the course by delving into the Black-Scholes pricing model, as well as other pricing models.  What you learn is that while it is not particularly important for you to be able to calculate option prices by hand, it is important that you understand the factors that effect option prices and how they interact with each other.

Obviously, option pricing models are an advanced subject.  Many other educators do not cover this material in detail or, if they do, they save this material for advanced seminars.  This results in a knowledge gap and leaves their students in a vulnerable position should they attempt to trade the markets without first learning what will cause the value of their options position to increase or decrease.

In its eight video discs, Module 1 of the Options Mastery program introduces the topic of options and then embarks upon an exploration of the option pricing model and a detailed explanation of each input to the model.  Once you complete Module 1, you will understand how stock prices effect option values, how market volatility can cause your position to rise or fall, how time can be used to your benefit, as well as the effects of possible dividends and interest rates.

Call Options, Put Options And Synthetic Stock

Module 2 of Options Mastery picks up where most other courses begin.  The difference is that Module 2 follows an indepth discussion of option pricing factors and theory contained on eight video discs.  In Module 1 you built a foundation that is going to serve you throughout the remainder of the Options Mastery course and throughout the entirety of your options trading career.

The second module consists of seven video discs that walk you through the features of call options and put options, then demonstrates how best to use calls or puts to take advantage of anticipated price moves.  If you have ever spotted a stock that you were confident was going to trade higher, but was puzzled about how best to take advantage of the price move, you will appreciate Ron Ianieri's teachings on this subject.

Once you understand the nature of calls and puts, you will then be ready to touch upon the subject of synthetic positions.  You will learn how to create synthetic stock.  If you understand the concept of synthetic stock, you will then be positioned to see how different stock or option positions can be adjusted so as to create new positions with more favorable risk characteristics.

Synthetic positions is another subject that many other options educators simply do not address unless it is in an advanced course offering.  One of the most important tools you can have as an options trader is the ability to adjust positions.  The art of adjusting option positions relies in substantial part upon an understanding of synthetics.  Once you gain this knowledge and understanding, you open the door to a new dimension in your trading.

Covered Calls, Married Puts And Much More!

Once you understand the nature of the call option and the nature of the put option, as well as how each derives its value, you are ready to apply these tools to your stock holdings.  Ask yourself how many other covered call and married put services first educate their clients about options before jumping into this subject.

The covered call is a simple position to understand.  You own 100 shares of stock and you sell a call option against the stock.  That is where the simplicity ends and your wealth becomes subject to numerous pricing factors.

Good covered call traders possess a sufficiently in depth understanding of options to adjust and protect their covered call positions to take advantage of changing market conditions.  Unfortuanately, most trading programs do not address the subject properly since to do so requires an understanding of options pricing and synthetics.  Options Mastery has already covered this material, so the discussion is a natural progression.

Disc 2 in this module address the covered put, buy-write strategy.  This strategy is not immediately or intuitively understood by many, but once you grasp it you will better appreciate methods of protecting short option positions.

The protective put is covered on the next two video discs.  What you will have learned by now is that the covered call and covered put strategies are premium collection strategies, but that they both do very little to protect against loss.  The married put adds a layer of protection against loss of capital.  From here, the last two videos discs explore synthetic put positions and a strategy called the "collar."

At the conclusion of this module, you will have learned how to use premium collection techniques to grow a portfolio and how to protect the capital of the portfolio against loss.  As you master an understanding of the synthetic positions, you will see how to accomplish both goals in a highly efficient manner.

Advanced Option Strategies With An Options Mastery Foundation

The final seven discs of the Options Mastery Series comprise Module 4 of the course.  Vertical spreads are covered in the first video disc and you will quickly see how they are related to the collar strategy.  Not only will you learn the basics of constructing a vertical option spread, but you will also be taught how such spreads actually function.

Many people believe that vertical spreads are used to benefit from directional moves, which is true.  However, the true nature of the vertical spread is a premium collection strategy.  Until you discovery why this is the case, you will likely struggle to make money with these positions.  To further your understanding, Ron Ianieri reviews the option greeks as they relate to vertical spreads including a detailed discussion about volatility pricing. 

Combining vertical spreads to create a "box" position is reviewed.  Ron Ianieri reveals the "box secrets," which will likely open your eyes even further to the interrelationships that exist with options.  Adjustments are also reviewed

Calendar spreads, diagonal spreads, and time spreads are all covered in detail.  Ron Ianieri even delves into a "jelly roll" which equates to calendar spreads much like a box spread equates to vertical spreads.  Adjustments for the positions and their greeks are reviewed.

Straddles and Strangles are next in order, which are then followed by butterflies and condors of various varieties.  With each strategy, the unique characteristics effecting the position's value are highlighted and reviewed.  How each strategy can be used, adjusted, and closed is also covered.

The end result of this comprehensive training is that you will possess an understanding of options that few others have mastered.  This education will form the foundation for all future options related study and trading.  As you encounter claims of "new" option strategies, you will have the ability to quickly distill the nature of those strategies and assess whether they are worth investing your time in learning.

Compare the cost of other options trading seminars and courses with the substantive content of Options University and Ron Ianieri's Options Mastery, 2007 Edition.  You will be hard pressed to find a better value, expect for one place.

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The Ron Ianieri Report - Download Our Exlusive Report about Ron Ianieri and his option trading programs.  Plus, we reveal how to get even more value from his options trading courses!