Secrets of Trading Vertical Spreads Workshop

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Once you understand how to trade vertical spreads,
your trading will never be the same again!

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Secrets of Trading Vertical Spreads Workshop
Momentum Stock Options eLearning (Non-Refundable) Plus Day One of Vertical Spreads Workshop   + $500.00

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Secrets of Trading Vertical Spreads Workshop
Secrets of Trading Vertical Spreads Workshop

In stock

$500.00

Summary

    Understanding vertical spreads will have a massive impact on your trading.

    How massive? Consider this:

    • Trade the same way but use 85% less capital!!
    • Increase your returns by anywhere from 200-1000% for the same exposure
    • Set up trades that make money even when you are wrong!!
    • Create trades that always have limited loss, insulating you from gaps, catalysts, and catastrophes!!

    People talk about the power of trading options, but the power of trading options comes when you trade OPTION SPREADS!! The most basic version of a spread is the vertical spread. This workshop will teach you how to understand, integrate and master vertical spreads so your trading is never the same again. Leave ready to reap massive profits through your new understanding of the power of vertical spreads!!


    DATES

    • Sunday, June 6th Time: 1 PM - 6 PM ET (1 hour earlier than remaining sessions start time)
    • Friday, June 11th
    • Sunday, June 13th
    • Friday, June 18th
    • Monday, June 21st
    • Friday, June 25th
    • Tuesday, June 29th

    Time: 2 PM - 6 PM ET. End time is approximate and will vary depending upon the progression of each class. Allow extra time each day. Click here to see when it is airing where you are!

    Recordings: Students are encouraged to attend live. However, we understand that it may not be possible for every student. Therefore, we will provide recordings of each workshop session, but please be sure to watch the recording before your next class to keep up with this interactive course. Recordings will be available for 30 days following the course.


    PREREQUISITES INCLUDED!

    • You must take the Momentum Stock Options Workshop OR Momentum Stock Options eLearning Course in advance to make sure you understand the fundamentals that we will build on in Entering the Matrix – Secrets of Trading Vertical Spreads. The good news is, you get free access to this e-course with your purchase today!

    When you sign up for the free course, you will also receive Chuck’s options calculator. The calculator simulates different options strategies to learn their graphs, profit/loss, and characteristics. 

    We spend a great deal of time teaching the concepts of synthetics and teaching the mechanics of position management. Both concepts are worth thousands of dollars in improved position management. These skills are essential for the work we do in subsequent workshops.

    The sooner you purchase, the more time you will have to get access to the introductory course with assessments and to go through the prework prior to day 1 of the workshop.

    If you have previously purchased the Momentum Stock Options eLearning Course or took the workshop, please contact customerservice@vantharp.com.


    CURRICULUM

    Session One

    • Volatility Expectation Model – How to evaluate market volatility to make trading decisions
    • How to use and interpret Greeks (and why they are so underappreciated)
    • How to take advantage of market "Skew."

    Session Two

    • What Boxes are and how they transform your skills in managing a position
    • Learn how Risk Reversals are a blessing in disguise and can:
      • Leverage your best ideas for explosive gains
      • Protect your best long-term positions from large drawdowns
    • Learn synthetic vertical spreads and the flexibility they give you for superior execution and position management

    Session Three and Session Four

    • The basics behind Vertical Spreads – Long/Short Call Spread, Long/Short Put Spread
    • How to tailor vertical spreads to fit your views on volatility
    • Learn how to leg into vertical spreads to create scenarios where your worst case is still a profit!!
    • Learn how to use stops on vertical spreads to dramatically increase your Reward-Risk ratios and create strategies with high win rate AND big wins!
    • Learn the Vertical Matrix. The Vertical Matrix shows different ways vertical spreads can be tailored for different directional and volatility outcomes. Mastering the Vertical Matrix will help you meet your trading objectives with a precision you never knew possible.


    Session Five

    • Learn about the kings of high and low volatility
      • Ratio spreads help you profit off high volatility’s highs and protect you from its low. Use them near expiration to create (almost) artificial high reward/risk scenarios.
      • Back spreads can create explosive gains in low volatility environments
      • Both strategies are fantastic hedges to lock in profits and take advantage of different outcomes
    • Learn how Long Strangles are designed to give you explosive gains

    Session Six and Session Seven

    • Revolutionize your trading by dramatically lower your margin using:
      • Butterfly and Iron Butterfly Spreads
      • Condor and Iron Condor Spreads
    • Learn how to use stops on Butterflies and Condors to dramatically increase your Reward-Risk ratios and create strategies with high win rate AND big wins!
    • Learn how Butterflies and condors are structured to make you even more money.
    • Learn how Butterflies and Condors are structured for steady income in markets that are entering a congestive environment.
    • Learn how Butterflies and Condors are structured for HUGE R-winning trades!!
    • How to tailor Butterfly and Condor Spreads to fit your volatility predictions and take advantage of market "Skew."
    • How to leg into Butterfly and Condor Spreads to create scenarios where your worst case is still a profit!!
    • Learn about how to use Butterfly and Condor Spreads as hedges to your open position to limit drawdowns
    • Learn about Christmas Tree Spreads and how effective they are in creating large R winning trades with limited risk

      ADDITIONAL FEATURES

      • Learn the Mechanics of Position Management
        • Many options strategies can be executed far better than how they are taught in a standard options class. Let us show you the proper way to execute these strategies to maximize their effectiveness.
      • Work through dozens of examples of these spreads to show how they work
      • Live trading session so you can see strategies executed in real-time
      • Homework and Quizzes provided throughout the Workshop
      • Facebook Group setup for attendees to talk to each other between workshops

      Example:

      • Why these spreads are so powerful...
        • You had a trade idea in GOOG to go long on April 12. Instead of buying GOOG at 2254.79 and putting up $225.479 to pay for it, you +10 GOOG 4/30/21 2300-2400-2500 Butterfly spreads for a total outlay of $17,280. You are targeting a rally in GOOG to $2400 by the end of the month.
        • The trade works, and GOOG is trading 2307.74 going into the April 27, 2021, 1st Quarter Earnings Report. With Stock, you are exposed to the potential move off GOOG's earnings. It puts you in a difficult position of managing the risk know GOOG could open $100 either way. With the Butterfly, you have no worries because the most you can lose is the 17.28 you paid for the Butterfly. The Butterfly allows you to hold through GOOG earnings without stress.
        • The next day GOOG has their best earnings in 7 years, and the Stock gaps up $100 to $2,407. Your Butterfly ends up expiring near its short strike on April 30 with a value of 89.88. This trade ends up being a +13.29R winner!!
        • What do these spreads allow you to do?
        • You could make as much as $7,200 by only risking $545. That’s how powerful these strategies are.

      COMPARISON TABLE: Stock Trades vs. Vertical Spreads

      COMPARISON TABLE: Stock Trades vs. Vertical Spreads


      BY THE END OF THIS WORKSHOP, YOU WILL BE ABLE TO:

      1. Significantly reduce your trading margin
      2. Significantly reduce the risk associated with gaps and events
      3. Identify and execute trades with significantly larger winners than you currently trade
      4. Customize your options strategies to fit your psychology
      5. Know the optimal ways to execute your trades to save thousands in execution slippage
      6. Understand the volatility environment to know how to put volatility on your side and create trades that benefit from BOTH direction and volatility

      RESOURCES

      • REED$TRADER Momentum Stock Option Workshop
      • Options Volatility and Pricing by Sheldon Natenberg

      MONEY-BACK GUARANTEE

      We know you will love this phenomenal workshop! We promise that if you are not satisfied after the first day of our workshop, you may receive a full refund before starting the second day of our workshop.


      FAQs

      Q: How much trading experience should I have before attending?

      A: This workshop is best for those who have trading experience and a trading strategy. We will teach some new trading strategies, but the best use of vertical spreads is to IMPROVE upon your existing trading strategy. 

      When I think of options, I think of the famous commercial from BASF "We don't make a lot of the products you buy. We make a lot of the products you buy better." Options are similar. Options aren't your trading strategy. Options make the trading strategy you use better. 

       

      Q: What is the capital needed to trade with the taught strategies?

      A: The beauty of these strategies is capital efficiency. You can put on many of these strategies for just a few hundred to a few thousand dollars. If you are trading a $100,000 account for equities, these strategies could make your capital 50%-500% more efficient depending on your current margin rules.

      Example: Just recently, we had a trade in GOOG where you could have bought 100 shares of GOOG at 2254.79, which you would have had to put up $225,479 in capital. Instead, you could have purchased April 4 30, 2021 Expiration 2300 Calls and sold April 4 30 2021 Expiration 2400 Calls for $11,340. The call spread took 5% of the capital that buying 100 shares of GOOG required.


      Q: Do I need to trade during the US open market hours?

      A: Options trade around the world and a variety of markets and asset classes. Option liquidity is usually best during the day session for any product you would trade.

      Q: Will recordings and access to the workshop resources be available?

      A: Video recordings of each session will be posted the following day and will remain available to review for 30 days.

       

      Q: Is there anything I need to read/watch prior to the workshop?

      A: Yes. Students must first complete the Momentum Stock Option Workshop or Momentum Stock Options eLearning Course before taking this seminar. These courses delve into synthetic options and their relationships to their actual counterparts. Synthetic options are a vital component to manage your position efficiently and effectively. Understanding this relationship can save you thousands of dollars a year in slippage. In addition, it opens an entirely different way to view and manage risk. This other view is a significant differentiator for options trading success.

      In addition, before attending Entering the Matrix – Secrets of Vertical Spreads, you will be expected to have viewed all the introductory videos on the definitions and characteristics for vertical spreads and completed all relevant quizzes. Students will hit the ground running so we can cover the immense amount of material in this workshop. There is no other workshop on options like this one. Come prepared


      Q: Can options strategies be used in any asset class?

      A: Yes, options are prevalent across asset classes and carry the same benefits amongst them all.

       

      Q: Are there any software platforms I need to subscribe to for this workshop?

      A: We recommend having an account at Interactive Brokers, TD Ameritrade/Think or Swim, or Tastyworks. In addition, we recommend subscriptions to OptionsAnalytix, PowerOpt, or iVolatility.com.

      These various platforms help with researching, framing, and executing multiple option strategies.

       

      Q: What do I if I have questions after the workshop?

      A: Every workshop we teach has a follow-up Q&A session roughly 30 days after completing the workshop. This session is designed for students to bring questions they have discovered or struggles they have realized. We focus on helping them get their questions answered.

      In addition, we offer a Mastermind Group focused on integrating the material for our students designed to help them accelerate their learning curve and get strategies into trading production. Masterminds dramatically speed up the student’s success and increase the odds of their success. Mastermind is not for everyone, and there is an interview required to be approved to be a member of the group.

       

      Q: Is there any support offered to students after the workshop?

      A: SharpeCoach will offer a Mastermind Group following the workshop.

      In addition, we will be teaching the Entering the Matrix – Extreme Profits from Extreme Volatility.

       

      Q: What do you recommend to continue my growth as an options trader after the workshop?

      A: We recommend signing up for the Entering the Matrix – Secrets of Trading Vertical Spreads Mastermind Group. In addition, we will be teaching Entering the Matrix – Extreme Profits from Extreme Volatility in September in conjunction with VTI.

       

      Q: Is the course a stand-alone course or does the course have prerequisites?

      A: Students must take the Momentum Stock Option Workshop or Momentum Stock Options eLearning Course to make sure you understand the fundamentals that we will build on in this workshop. The good news is, you get free access to this e-course with your purchase today!

      We spend a great deal of time teaching the concepts of synthetics and teaching the mechanics of position management. Both concepts are worth thousands of dollars in improved position management. These skills are essential for the work we do in subsequent workshops.

      Learn more about the included eLearning course here.

      If you have previously purchased the Momentum Stock options eLearning Course, please contact customerservice@vantharp.com.


      Q: Is there a community of students who have used this experience? How will I interact with my peers?

      A: Yes, we have many students who have taken our option workshops and subsequent Option Mastermind Groups.

      In our workshop, we will be using Zoom, and each student will be assigned a breakout room where they will interact with the same group throughout the workshop. There will be exercises and discussion on the homework that students will do together in breakout rooms.

      Q: How will I get my questions answered during the workshop? Will there be homework?

      A: We offer an extended Q&A session at the end of each session. We usually get phenomenal feedback about the quality of these Q&A sessions.

       

      Q: Can I get a discount if I buy more than one workshop?

      A: Workshop Bundle, Workshop + Mastermind (What is a Mastermind – details)

       

      Q: How long will this course be? Am I expected to do work outside of the workshops?

      A: This course will be seven separate 4-hour sessions. We could go over 4 hours due to Q&A sessions at the end. At the end of every lesson, you will be assigned homework to be completed between sessions. You will discuss your homework in your breakout group at the beginning of the next session.

       

      Q: Can you show me a track record or list of historical trades using these strategies?

      A: Yes, here is a list of 9090 Mechanical Trades that we teach in our REED$TRADER 101 and 201 workshops. You can see the impact of various strategies we teach in our option workshops vs. trading just the Stock alone.

       

      Q: Why am I interested in trading butterflies?

      A: Butterflies are low-risk strategies that can have high Reward/Risk Ratios payoffs at expiration. They have extremely low margins and can be an incredible tool to express trading ideas.

       

      Q: What is the difference between a Butterfly and Condor?

      A: A Butterfly is cheaper but achieves its maximum payout at a specific price. A Condor is more expensive but reaches its maximum payout over a range of prices. A Butterfly has a straddle in the middle of the spread, while a Condor has a strangle in the middle.

       

      Q: What is the difference between a Butterfly and an Iron Butterfly?

      A: The difference between a Butterfly and Iron Butterfly is Butterflies are created using either all calls or all puts while an Iron Butterfly is composed of a call spread and a put spread. Iron Butterflies typically have better liquidity and are more practical for expressing trades. Ironically, the Reward/Risk characteristics are the same.


      Click here to view Chuck Whitman's Workshop and Product Disclaimer.

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        Cost: The price for the live stream option represents a discount to you because you don't have to travel to North Carolina. But, if you want to ensure you get the best possible interactions, questions, and so forth, then attending in person can't be matched.

        Is the course a stand-alone course or does it have a suggested pre-requisite? 

        Can I ask Questions: With all that as qualification, Chuck and Mark will be taking chat and email questions and incorporating them into the presentation. 

        Can't Watch Live: Students will have access to workshop recordings and additional free resources for 30 days. You must sign up for these resources within the two weeks following the workshop. You will then receive a link to access the recordings and all additional materials.

        Value: Chuck knows what it's like to pay for and attend one of these workshops, so he is striving to make sure the customer feels they are getting great value for what they pay. We also have engaged a team of e-learning and live stream specialists to make certain that this course is not merely a camera in the back of the room. The experience will be significantly better than what you might have experienced elsewhere.

        When is it Available: The recorded course material is being produced in real-time, so we anticipate that it should be available almost immediately after each session is complete (as a series of unedited sessions), and these recordings will be available for 30 days afterward.