TradeGuider – VSA Advanced Mentorship Course

Rajandran R – Option Hydra – June 2020 Edition – Basics
Option Hydra is an online mentorship program for option traders (Beginner level & Intermediate) who you want to explore the world of options with deeper insights and gaining knowledge on properly applying the option strategies properly.
What You’ll Learn In Option Hydra?
Session 1 – Understanding Option & Basic Option Terminologies

Option Buyer Vs Option Sellers
Option Terminologies (Strike Price, Open Interest, Lot Size, Option Chain)
Different Types of Option Contracts
Understanding How Institution Hedge their Positions
Debit Strategies Vs Credit Strategies
Understanding ATM, ITM & OTM Option
Intrinsic Value Vs Extrinsic Value (Time Value)
Which Strike Price One should Select – Trading Scenarios

Session 2 – Understanding Pay Graph, Margin Requirement for Various Trading Strategies

Introduction to Option Pricing
Introduction to F&O Margin Components
How to use the Margin Calculator and Importance of use the Margin Calculator
New Margin Calculation as per SEBI regulations
Cash Secured Put Strategy for Investors
Exercising Options (European Options Vs American Options)
Cash Delivery Vs Compulsory Physical Delivery
How to Interpret the Open interest Charts
How to take a view using Open Interest and Price Structure
Understanding Theta Decay
Weekly Options Vs Monthly Options
Understanding the Pay Graph of Long Call Options and Long Put Options
Understanding the Pay Graph of Short Call Options and Short Put Options

Session 3 – Understanding Top down Approach, Volatility, Implied Volatility

How to Apply Top down approach to take a objective view in the Market
How to Understand the Market Structure?
How to get a Trading Perspective?
Importance of Measuring the Volatility
Understanding Implied Volatility
Realized Volatility Vs Unrealized Volatility
Introduction to Volatility Skew
How to retrieve historical option data open interest from NSE india portal
Importance of reading India VIX

Session 4 – Event Trading, Volatility Skew , IV Percentile and IV Rank

IV percentile & IV Rank
Classification of Strategies with IV percentile
Event Trading and the Options Premium Behavior during Events
Implied Volatility Crush during Event
How to trade Options during event
Simple Price Action Pattern in Trading Events
How to Trade Post Market Event and How to Trade Ongoing Event
How to Design your options Strategy and efficiently manage your Margin Requirements
Different Market Participants and How to read Open Interest data of various Market Players

Session 5 – Option Greeks and Hedging

Understanding the Option Greeks
Importance of Option Greeks and Option Premium Behavior (Useful for Option Buyers & Option Sellers)
Option Price Behavior Vs Underlying Price Behavior
Impact of Gamma on Options Impact
Lottery tickets on Expiry and Emotional Trading Sentiment on Expiry Day
Understanding Nifty IV and IV Percentile Graph
Call Side Volatility Skew Vs Put Side Volatility Skew
Speculations of Stock Options and How to benefit from the behavior