Transcript Session 1 Slides - Options trading

TRADING COURSE
www.optionstradingiq.com
© Copyright 2014. Options Trading IQ. All Rights reserved.
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DISCLAIMER
Any information contained in this presentation is for educational purposes only. Neither IQ Financial Services,
LLC, Gavin McMaster nor its subsidiaries nor any of their respective officers, employees, representatives, agents
or independent contractors are licensed financial advisors, registered investment advisors, or registered broker
dealers. Neither do they provide investment advice, financial advice or make investment recommendations and
they are not in the business of transacting trades. Nothing in this communication constitutes a solicitation,
recommendation, promotion, endorsement or offer to buy or sell by IQ Financial Services, LLC or other described
above of any particular security, transaction or investment.
Any trades and / or results covered in this presentation may or may not be live trades.
All trades and trading results are believed to be accurately presented. However, since the trades may not have
been executed in the market, the results may have been under or over compensated for the impact, if any, of
certain market factors such as liquidity, slippage and commissions. Therefore there can be no guarantee of
accuracy or completeness.
The risk of loss in trading securities and options in particular can be substantial. Customers must consider all
relevant risk factors, including their own personal financial circumstances, before making any financial
transaction. Options involve risk and are not suitable for all investors. See the Options Disclosure Document:
Characteristics and Risks of Standardized Options, available from www.optionstradingiq.com/risks
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OUTLINE
4 Strategies
A Little Bit of Theory
Guidelines
TRADING PLANS
Preparation
This Week
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4 STRATEGIES
Iron Condor
Bearish Butterfly
Iron Trapdoor
Diagonal Spreads
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WHAT IS AN IRON CONDOR?
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PROBABILITY
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WHAT IS AN IRON CONDOR?
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WHY TRADE IRON CONDORS?
Consistent Monthly Income
High Probability
Easy To Manage
Avoids Overtrading
Non-Directional
Short Vega
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BEARISH BUTTERFLY
Low Maintenance
Allows You To Scale In
Does Well In Most Markets
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INITIAL POSITION
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INITIAL PAYOFF GRAPH
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IRON TRAPDOOR
Reduced Vega Exposure
Profit Zone on the Downside
Lower Risk on the Upside
Handles Fast Moving Markets Better Than IC
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IRON TRAPDOOR
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IRON TRAPDOOR
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DIAGONAL SPREADS
Positive Vega
Short-term Trade
Can Use to Hedge Other Positions
Ideal if Zero Cost or Slight Credit
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DIAGONAL SPREADS
Entry Feb 20th
Exit Feb 26th
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DIAGONAL SPREADS
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GUIDELINES
Allocations
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GUIDELINES
Greeks
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TRADING PLANS
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PREPARATION
Set Up Trading Log / Journal
Paper trade – Min. 3-6 months
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THIS WEEK
Opening Trades
Trading Log
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THANK YOU!
www.optionstradingiq.com
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