Option Pit Product Catalog

Adjusting Positions and Managing Risk

Option trades do not always go as planned.  This is why adjusting positions is so important,  when a option trade is managed properly good adjusting can reduce P&L volatility, and potentially save trades gone wrong.  When executed poorly,  adjustments can make positions FAR worse.  In Option Pit's adjusting positions and managing risk course traders will learn how to properfly adjust a host of trade.  In addition, traders will be show how to manage global risk manamgent accross a portfolio.  This is an incredibly powerful course for all traders from intermediate to advanced.

  • Understand the pitfalls of adjusting positions
  • Smart ways to adjust positions
  • Proven methods for matching the right adjustment to the current scenario
  • Mastery of option spread adjustments
  • When NOT to adjust
  • Professional risk managment approaches for a portfolio

This course will leave traders with the confidence to execute adjustments like a full time trader

Level:  intermediate

 

Beginner Boot Camp

Are you ready to begin trading options?  Are you not sure where to start and how to learn about Options...this course is for you.   The Option Pit Beginner Bootcamp will help traders learn the ins and outs of option trading.  Traders will learn fundamentals, ways to use options in their trading immediately, as well as some basics of spreading including credit and debit spread trading.

  • Understand the Basics of option pricing
  • Master buying and selling decision making
  • Sell option premium effecitvely
  • Use options to generate income effecitvely
  • Trade credit and debit spreads for profits
  • Use options to trade for direction
  • Manage risk effectively

This is the best beginner course budding option traders can take

Level:  Beginner

 

Butterfly Intensive

Not only does this course cover how to sell iron flies, but how to buy them as well.  It covers when to buy and when to sell butterflies.  In addition it covers advanced butterflies like broken wing flies and split strike flies.  This course is an expansion on trading butterflies and condors.  It builds on the lessons taught about butterflies in the previous course.  

  • Trade butterlies and iron flies for income
  • Learn to trade broken wing butterflies
  • Trade flies for direcitonal purposes
  • Use butterflies that allow you to take advantage of wild movement
  • Get tricks only the pro's know
  • Adjust trades like a professional

This course will leave traders with the confidence to execute flies like a full time trader

Level:  intermediate-advanced

 

Condor Intensive

Not only does this course cover how to sell iron condors, but how to buy them as well.  It covers when to buy and when to sell Iron Condors.  In addition it covers advanced approaches to condors and adjustment techniques.  This course is an expansion on trading butterflies and condors.  It builds on the lessons taught about butterflies in the previous course.  

  • Trade condors and iron condors for income
  • Trade condors for direcitonal purposes
  • Use condors that allow you to take advantage of wild movement
  • Get tricks only the pro's know
  • Adjust trades like a professional

This course will leave traders with the confidence to execute flies like a full time trader

Level:  intermediate-advanced

 

Creating Income Using Option Spreads

Do you want to be an 'income' option trader?  Many traders do not realize how difficult it can be to produce income using options.  In this 3+ hour primer Mark Sebastian Founder of Option Pit and Andrew Giovinazzi C.O.O. of Option Pit cover all of the pieces of producing income traders need to use.  Learn why professionals can make ALOT of money selling premium and you can't.   Understand the steps you need to take to produce consistent income with options.  

  • Understanding the major volatility cycles of a stock
  • Powererfully intigrate volatility and stock charts
  • Proven Methods to find income option trades
  • Trading of options at market bottoms and tops
  • Mastery of option spreads that produce income
  • Important risk management techniques only professionals know

This course is a can't miss for those that want to sell option premium

Level:  Beginner-Intermidiate

Introduction to VIX Futures & Options

Have you looked at the VIX, VIX Futures, and VIX options and the VIX etp’s and said “why is everyone trading these and what do I need to do to understand them?”  The answer is probably yes... and this course has all of those answers.  Traders will understand what makes up all of the pieces of the VIX and the VIX ETP’s.  Learn what VIX is all about from the VIX masters.  When this course is over traders will know:

  • How VIX is calculated
  • The structure of VIX futures
  • Why the VIX  options trade the way they do
  • How VIX futures trade intra and inter month
  • Smart ways to money trading VXX, UVXY, SVXY and XIV
  • Tips our traders use all the time to trade VIX

In this beginner course traders will capture actionable ides to apply to their trading right away

Level: beginner

Mastering Daily Options

Within the year there will be options expiring EVERY DAY in many indexes and ETF's.  Get ahead of the curve in this powerful course covering the ins and outs of daily option trading.  If you want to create more income against stock positions this course is a must.  Additionally, this course will teach traders advantage of mispriced volatiltiy accross many terms.  Finally,  using these options as a tool for directional trading is covered in detial.  When finished with this course traders will have:

  • Understanding of Daily Options Decay and Movement 
  • mastery to intigrate volatility and stock charts
  • Proven Methods to create income using Dailly Options
  • Directional trading methods to create profit faster
  • Use of Daily Option spreads and calendar spreads
  • Important risk management techniques

When done, the trader will have a strong understanding of how daily options will change the way traders manage and trade options forever.

Level: Intermediate

Mastering Iron Condors & Butterflies

An incredibly powerful course covering condors and butterflies.  Learn to master trading non directional condors and butterflies.  In addition Mark and his team cover using butterflies for directional trading.  When the trader is done viewing the course he or she will have actionable ideas to use right away.  In addition the trader will capture risk management and adjustment skills that only professionals use.  The major topics of this 4 hour course are:

  • Execute Iron Butterflies with precision
  • Trade Condors with Confidence
  • Create trades using weekly and monthly options
  • Manage and Adjust Iron Condors when they get into trouble
  • Adjust and Manage Iron Butterflies
  • Manage risk associated with these spreads like a professional trader

When traders are done viewing this course they will be ready to trade condors and butterflies

Level: intermediate

Maximizing Profits With Weekly Options Trading

Weekly options are one of the most profitable and dangerous tools to trade.  Many traders are taught the wrong concepts, the wrong approaches, and incorrect answers to trading these incredible financial instruments.  Traders will have mind blowing experience learning how weekly options really trade, how pro turn weekly is’s into consistent profits…whether they are buying or selling premium in these products.  Trader’s will walk away ready to execute trades in weekly’s on a ‘weekly’ basis.  In this 3+ hour primer Mark Sebastian Founder of Option Pit and Andrew Giovinazzi C.O.O. of Option Pit teach traders:

  • Understanding of Weekly Options Decay and Movement 
  • To powerfully integrate volatility and stock charts
  • Proven Methods to create income using Weekly Options
  • Trading Weekly Options for direction
  • Mastery of Weekly Option spreads and calendar spreads
  • Important risk management techniques

For traders looking to ramp up their trading, this is a must view

Level: Intermediate

Option Pit Master Class: Income Trading

The Option Pit Master Class on Income Trading, will teach beginners how to think like a pro and those that are actively trading options for income how to trade like a professional.  This course will start with credit and debit spreads and move all the way through front spread and back spreads.  This is a must for those that want to or see themselves as professionals.

  • Sell calls and puts
  • Set debits and credit spreads up like a pro
  • learn to trade calendar and double calendar spreads
  • Trade butterflies and condors in a professional manner
  • Advanced income spreads pro traders know and many retail trader do not know
  • When NOT to adjust
  • Professional risk managment approaches for a portfolio

This course will leave traders with the confidence to execute income trades like a full time trader

Level:  Begger to Advanced

 

Option Pit Master Class: Volatility

The Option Pit Master Class on Volatility Trading, will teach beginners how to think like a pro when it comes to volatility.  It will teach those that are actively trading VIX how to trade like a professional VIX trader.  This course will start with the basics of VIX and move all the way through advanced VIX and VIX ETP trades.  This is a must for those that want to or see themselves as professionals in the VIX space.  This course is 10 secions and over 12 hours long.

  • The major cycles of VIX
  • Trade VIX options for income
  • Create opportunity with VXX and VIX ETP's
  • Smart approaches to trading XIV, VXX and UVXY
  • Ways to hedge with VIX and VXX options
  • Professional risk managment approaches for a portfolio

This course will leave traders with the confidence to execute income trades like a full time trader

Level:  Begger to Advanced

 

Options for Gold, Oil, and Other Commodities

This Course will give traders actionable tools to trade Gold, Oil, and other commodities.  Many traders are astounded to learn that there are ways to trade options on these contracts to produce consistent income WITHOUT risking catastrophic loss on market moves. In this 3+ hour primer Mark Sebastian Founder of Option Pit and Keith Harwood CTA teach traders to:

  • Master the ins and outs of each asset
  • Execute the right trade in these names given the situation
  • Create trades using weekly and monthly options
  • Manage and Adjust trades in these names       
  • Adjust and Manage Iron Butterflies
  • Manage risk associated with these contracts like a professional trader

Level:  Intermediate

Options for Long Term Trading and Hedging

This Special Course will give traders actionable tools to invest and hedge with optionsMany traders are astounded to learn that there are ways to use optoin to increase portfolio yeild and reduce P&L volatility while eliminating the risk of catastrohpic loss on a large market move.   In this 3+ hour primer Mark Sebastian Founder of Option Pit and Andrew Giovinazzi C.O.O. of Option Pit teach traders:

  • Make more profits risking fewer dollars
  • Master the replacement of stock with options
  • Learn how to use options to execute swing and day trades
  • Ramp up put and call overlay strategies
  • Buy market bottoms and sell market tops
  • Execute high probability trades with options
  • Master portfolio hedging and risk management
  • Management the risk associated with the buying and selling of options

Level: All Levels

 

Professional Approaches to Directional Option Trading

This course is the next step up on the directoinal trading primer.  It covers everything advance traders need to know in order to trade options for direction.  Trade directionally more effectively and like a professional option trader

  • Understand the cycles of volatility
  • Powerfully intigrate charts and directional trading
  • Trade covered calls and cash secured puts
  • Pick tops and bottoms more effectivly
  • Execute swing and day trades
  • Professional risk managment approaches for a portfolio

This course will leave traders with the confidence to execute directional trades like a full time trader

Level:  intermediate-advanced

 

Professional Approaches to Directional Option Trading

This course is the next step up on the directoinal trading primer.  It covers everything advance traders need to know in order to trade options for direction.  Trade directionally more effectively and like a professional option trader.  This is a 10 part, 12 hour course.

  • Understand the cycles of volatility
  • Powerfully intigrate charts and directional trading
  • Trade covered calls and cash secured puts
  • Pick tops and bottoms more effectivly
  • Execute swing and day trades
  • Professional risk managment approaches for a portfolio

This course will leave traders with the confidence to execute directional trades like a full time trader

Level:  intermediate-advanced

 

The Option Pit Traders Boot Camp

Are you ready to become a full time trader?  If you are this is the course for you. You will learn long term and short term approaches to trading.  Traders that go through the boot camp will learn how to produce income with options,  learn how to trade options for direction, and learn how to use options to become a long term investor.  In addition traders will learn how VIX can be used to produce income.  Traders will learn everything they need to know to get started trading from fundamentals, the greeks, the pricing model, buying and selling options, and complex spreads.  Traders will learn:

  • Mastery of option synthetics
  • The Greeks
  • The option pricing model
  • Long term trading strategies
  • Professionally directional plays
  • Income production with options
  • Risk management approaches for trades and for portfolios

Boot Camp grads will be ready to attack option trading in a way only those lined up as professional can

Level:  Beginner

The Option Pit VIX Primer

If you want to learn to trade VIX and VIX etp’s its best to learn from the best in the world.  Look know further than this course.  The Option Pit team is the best group of VIX traders that are willing to talk about the subject.  If you want to learn about UVXY, VXX, VIX options and Futures, and of course the VIX cash itself, this course is a can’t miss.  No other place can provide the pieces of the VIX puzzle…and put it together like the traders at Option Pit.  Traders will learn: 

  • The major VIX cycles and zones
  • How to trade VIX options for income
  • How to take advantage of weakness and strengths of VIX ETNS
  • The not so secret secrets to buying and selling XIV and VXX
  • Safe trading of UVXY and VXX that know other company in the world understands
  • The approaches only a professional VIX trader can apply to trading VIX.

 When traders finish this course they will understand how Option Pit traders make money trading these products habitually

Level: Intermediate

 

The Option Pit Vol Primer

Volatility is the number 1 contributor to the success of an option trade.  It is also the most likely downfall of the average trader.  If your goal is to become a professional this course is the 1st strong step a trader can take toward becoming successful at trading options.  Traders will learn how to apply volatility to all aspects of trading from directional trading to non directional trading.  This is a powerful volatility course that all traders should view.           

  • Understand Volatility and the Greeks
  • Learn advanced techniques to trade vol around earnings
  • Use volatility to trade for direction
  • Take advantage of volatility to produce more income
  • Ride volatility cycles like a pro surfer
  • Trade the volatility ETN's using volatility
  • Manage risk with volatility like a professional trader 

Become an expert vol trader through this course

Level: beginner, plus

Trading Calendar Spreads

Calendar spreads are one of the most complex trades in the option trading universe.  When done right, they can be extremely profitable and relatively low risk.  When done wrong, they can cost traders and arm and a leg.  This course will teach traders to master term structure and multi-month trading.  If your goal is to trade calendar spreads like the professionals this 4 hour course will be more than worth your time.  Traders will master:

  • Master Long Calendar Spreads 
  • Take advantage of mispriced term structure to maximize profits
  • Create trades using weekly and monthly options
  • Use diagonals to improve directional trading
  • Understand short time spreads
  • Manage risk associated with Calendar Spreads like a professional trader

This course will leave traders with the confidence to execute time spreads like a full time trader

Level:  intermediate

 

Trading Straddles, Strangles, Long Gamma, VXX and UVXY

Short volatilty is the rage,  learn to trade short volatilty effectively.  In this course the Option Pit team will teach you how to sell and buy straddles and strangles.   Also traders will learn how to be short VXX and UVXY.  In additoin traders can learn how to own premium and short the VIX ETP's for a profit.  This is going to be a great course for those that want to be 'short volatility safely."

  • Understand when to buy options
  • Learn advanced techniques to trade long straddles and strangles
  • Use volatility to pick the right option to buy
  • Take advantage of volatility to produce more income
  • Ride volatility cycles like a pro surfer
  • Trade VXX and UVXY vs long gamma positions
  • Manage risk and reduce potfolio risk with offsetting longs

Plus, special techniques Professional traders use each day to hunt for the best trades every day

 

Learn to surf the volatility