Options trading can be a lucrative investment strategy once you have mastered the concepts. These work by giving the trader the option, but not the obligation, to buy or sell an underlying asset at a fixed price during a predetermined time-period.
If you are new to options trading and want to learn more about it, taking an options trading course is one way to get started. In this article, we will explore some of the best options trading courses for beginner and advanced traders.
Best Options Trading Courses for Beginners
- The Options Industry Council (OIC)
The Options Industry Council offers free online courses that are perfect for beginners who want to learn more about options trading. These courses cover everything from terminology and pricing mechanics to basic strategies.
- Investopedia Academy – Options Trading Course
Investopedia Academy offers an options trading course that covers basic and advanced concepts in easy-to-understand language. The course features interactive quizzes, video lessons, and hands-on exercises.
OptionAlpha offers a comprehensive program that includes online classes on macroeconomic analysis, technical analysis, risk management strategies, and fundamentals of options trading. It also includes access to their community forum where you can interact with other traders.
- Udemy – Options Trading Strategies: A Complete Guide To All Levels
This course provides step-by-step guidance on how to trade options successfully using proven strategies. It takes a practical approach that is designed to provide actionable insights into the industry’s most common practices.
- Simpler Trading – Beginners Guide to Options
The Beginners Guide to Options is specifically designed for those who are new to options trading but looking for an easy-to-follow guide on how it works. This course covers topics such as pricing models, volatility analysis, Greeks, and various option strategies.
Best Advanced Level Option Trading Courses:
- The Options Mastery Series
Options Mastery Series is a series of courses offered by MarketGauge that cater to advanced traders. The program is designed to help you tackle the complexities of options trading via multiple avenues such as live webinars, course materials, personal coaching, and much more.
- Option Strategies Insider Elite Membership
Option Strategies Insider Elite Membership provides access to advanced strategies and techniques that can help you achieve your goals in the market. You will get access to trading recommendations, articles, videos, and a dedicated community of like-minded traders.
- OptionVue Options Trading & Analysis Software
OptionVue provides software and education services for professional options traders. This comprehensive program offers a wide range of tools, features & financial instruments analysis powered by cutting edge technology.
- Mastering Advanced Credit Spread Option Trading Strategies
This course offered by Udemy is specifically designed for advanced traders who want to learn how to effectively trade credit spreads. It covers topics like entry/exit points, dynamic hedging strategies, managing risk/reward ratio and much more.
- Trading Options Like A Professional – The Ultimate Guide
The ultimate guide to trading options like a professional teaches you all the necessary skills required to become an expert options trader through easy-to-follow video lessons coupled with practical examples.
Learning from experienced professionals can be beneficial while mastering the concepts of options trading. The above-listed courses are some of the best options trading courses available online today that cater to both beginners and advanced-level option traders.
Take some time researching each course before making a decision on which one would be best suited for you based on your skill level, requirements & budget constraints if any. So go ahead pick up a course tailored according to your needs and unlock its potential by implementing all its learnings today.
What is the best options trading course for beginner traders?
The best options trading course for beginner traders is Options Trading Crash Course by Udemy. This course covers the fundamentals of options trading in an easy-to-understand format, making it perfect for beginners who want to learn about the basics of options trading.
Can advanced traders benefit from taking an options trading course?
Absolutely! Even experienced traders can benefit from taking an options trading course as it provides a refresher on key concepts and may introduce new strategies they haven’t used before. The Options Academy Bundle offered by Investopedia is a great resource for advanced traders looking to polish their skills and learn new tactics.
Are there any free options trading courses available?
Yes, there are several free options trading courses available online. Options Trading Basics (3-Course Bundle) on Udemy is a completely free introductory course that covers everything from basic terminology to more complex strategies. Additionally, Khan Academy offers a comprehensive library of free investment and finance courses that includes some great content on options.
Which is the most comprehensive options trading course available?
The most comprehensive options trading course available is The Complete Options Trading Course by Udemy. This course covers everything from basic concepts to advanced strategies and includes over 25 hours of video content. It’s an all-encompassing resource that will provide learners with everything they need to trade successfully in the world of options trading.
Are one-on-one coaching sessions offered in any of these courses?
Yes, some of the courses listed do offer one-on-one coaching sessions as part of their package, including the Advanced Options Trading Course by Option Alpha and the Professional Options Trading Masterclass (POTM) by Option Pit. This personalized approach can be extremely beneficial for those who want tailored advice specific to their individual needs and circumstances.
Can options trading courses help mitigate risks associated with trading?
Yes, taking an options trading course can help mitigate risks associated with trading by teaching learners how to implement strategies that limit potential losses. Courses like Trading Options for Income by Option University are specifically designed to teach traders how to generate consistent income with limited risk.
Are there any courses available that cater to a specific type of trader?
Yes, there are courses available that cater to specific types of traders. For example, the Credit Spread Course by NavigationTrading is geared towards traders who want to learn how to trade credit spreads, while The Ultimate Options Trading Strategy Guide for Beginners by Skillshare is designed specifically for beginner traders looking to delve into the world of options trading.
How long does it typically take to complete an options trading course?
The length of time it takes to complete an options trading course depends on several factors such as the complexity of the material and the amount of time you have available each day. Some courses like The Options Academy Bundle offered by Investopedia can be completed in a matter of days, while others like Advanced Options Trading Course by Option Alpha may take weeks or even months.
Can I start trading after completing an options trading course?
Yes, completing an options trading course will give you the knowledge and skills necessary to begin trading confidently in the market. However, it’s important to note that additional experience and practice is always needed before becoming a successful trader.
Which options trading course has received the most positive reviews from students?
The Complete Foundation Stock Trading Course and The Advanced Stock Trading Course both offered by Udemy have received overwhelmingly positive reviews from students. These courses cover everything from basic concepts to more advanced strategies and are taught in an engaging and easy-to-understand format that keeps learners engaged.