This course is designed to teach the basics of investing in the stock market. Exchange Traded Funds (ETFs) are discussed and contrasted to mutual funds as alternative vehicles for stock market investing. A significant portion of this course is devoted to risk management. Stock market investing should not keep you up at night - what happened to many investors in 2008 does not have to happen to you if you apply proper risk management. Fundamental analysis of stocks is reviewed as a tool for selecting stock candidates and contrasted with technical analysis, the art and science of technical indicators and chart reading. Several common technical indicators and candlestick patterns are explained and demonstrated. Each class includes a homework assignment that will be reviewed at the
beginning of the next class; this ensures a practical understanding of
the previous class topics. A systematic approach to stock selection, buying, and selling is presented. Students will be coached as to the investing styles and methods best suited to their objectives and risk tolerance. At the completion of this course, the student will:
Understand the use of ETFs and the pros and cons versus using mutual funds
Be able to fundamentally analyze a stock candidate and select the optimal price entry point
Understand technical indicators and their complementary use with fundamental analysis
Understand the basics of candlestick pattern analysis
Understand risk management and various stop loss techniques
Be familiar with techniques for portfolio management and rules for selling
Have developed a personal trading system, consistent with his or her objectives and risk tolerance
This course encompasses the fundamentals of equity and index options trading. It begins with a study of probabilities and normal distributions because this forms the basis of how options are priced. This leads to a discussion of implied volatility, time decay, and the Greeks. The Greeks are mathematical parameters used by option traders in two specific ways: 1) analysis of various trade candidates and differentiation of the risks of each trade, and 2) for managing an ongoing trade, the Greeks quantify the risks and signal the need for adjustments to the position. The strategies of covered calls, selling naked puts, married puts, and collars are presented and discussed in detail. Appropriate stock candidates, market conditions, risk management, expected returns, and trade management are discussed for each of these strategies. LEAPS, or long term options, are discussed as stock investment surrogates, a less expensive way of long term investments in stocks.
Each class includes a homework assignment that will be reviewed at the
beginning of the next class; this ensures a practical understanding of
the previous class topics. This course ends with a thorough discussion of vertical spreads and their use in bullish, bearish and sideways strategies. Vertical spreads are also used to introduce more complex, multi-legged options strategies that will be discussed in detail in the Advanced Options Trading class. Students completing this course will be prepared to:
Use covered calls and sell naked puts as income generation strategies
Use covered calls to supplement the income from a long term stock portfolio
Employ the selling naked puts strategy to buy stocks at a discount for long term holdings
Buy puts as "stock insurance"
Use the collar when one is uncertain about a stock's future
Buy LEAPS as a cheaper method of longer term investing in individual stocks
Use vertical spreads as directional trading strategies on individual stocks or the broad market indexes
Students will receive:
Electronic copies (pdf files) of all class materials
A Probability Calculator
A Covered Call Analysis spreadsheet
Quick reference trade setup guides for: 1) Covered calls, 2) Selling naked puts, 3) Long calls/puts, and 4) Vertical spreads
Includes unlimited email hotline assistance during and after the course
*********
The Advanced Options Trading course covers in detail the more complex, multi-legged options strategies. We discuss the market conditions that are optimal for each of these strategies, their risk/reward trade-offs, and how they can be used for monthly income generation as well as speculating on the direction of particular stocks or the broad market indexes. We will discuss the use of straddles and strangles for expected significant moves in a stock's price, e.g., in advance of an FDA announcement, legal announcement, or an earnings announcement. We will spend a lot of our time on trade management, in particular, trade adjustment. This is an essential ingredient in proper risk management of these positions. Several different adjustments will be reviewed for each strategy with a discussion of the pros and cons of each adjustment technique. Each class includes a homework assignment that will be reviewed at the beginning of the next class; this ensures a practical understanding of the previous class topics.
The last class in this series covers investment psychology, risk management, money management, trade monitoring, post audits, and portfolio management - all essential elements to successfully growing your stock and options trading into a viable business. At the completion of this course, the student will understand:
Delta neutral options trading strategies
Using calendar, double calendar, condor and butterfly spreads as monthly income generation strategies
How to make adjustments to income trades to compensate for adverse market moves
Placing calendar, butterfly and diagonal spreads as directional speculative trades
Benefiting from large price moves after significant events such as earnings announcements
How to build a trading system complete with rules and adjustment techniques, and ensuring the system is consistent with the student's objectives, risk tolerance, and time available to manage the positions
Students will receive:
Electronic copies (pdf files) of all class materials
Quick reference trade setup guides for the following option spreads:
Calendars
Double calendars
Iron condors
Iron butterflies
This course builds upon several technical concepts from the Equity and Index Options course, so that course is a recommended prerequisite.
Length: Two Hour Webinar or Live One-on-One Session
A preliminary telephone conversation will establish the agenda and list of topics for the private session. This venue is ideal for trading strategy tune-ups or for experienced traders who wish to focus on one or two topics. The session can be held live in the greater Chicago area if desired. A customized curriculum for multiple sessions may be designed and specially priced. Click the Contact Us tab to set up a no obligation discussion of the possibilities.
Trading group meetings are held the first and third Thursdays of each month at 8:00 pm central time. This is the ideal support and educational group to take your trading to the next level.
Dr. Duke reviews the market and his current trades
Now you can benefit from Dr. Duke's experience trading the iron
condor and place the same trades in your account.
Dr. Duke emails the trades and adjustments to subscribers as he
enters the trades.
Subscribers have Dr. Duke's personal email and phone number for
support and advice; learn the strategies as you follow the trades.
Dr. Duke's blog trading account is growing 60% annually using his
trading strategies.
No one can guarantee future returns, but Dr. Duke guarantees
your satisfaction!
Try this service for 3 months. If your gains aren't at least three times our fees, Dr. Duke will refund your money!
Dr. Duke’s Stock and
Options Coaching
Are you tired of paying thousands of hard earned dollars for trading education and yet finding those hyped gains to be elusive? Does this sound familiar: "When was the last time you made 300% in three weeks?"
Kerry Given, Ph.D. (Dr. Duke) cuts through all of the marketing hype and get rich quick schemes surrounding stock and options trading.
Many firms are offering to teach you how to trade stock and/or options. Dr. Duke is the only one who trades index option spreads in public so you can see his track record in real time. Dr. Duke's blog trading account is running at a 60% annual rate of return trading the iron condor options spread.
Dr. Duke is the real thing!
Dr. Duke will work with you one-on-one to develop the trading style and plan best suited for you and your situation.
Take control of your financial future.
Try Dr. Duke at no risk. If you are disappointed at the end of your first coaching session, we will refund 100% of your money.
The Basic Stock Market Investing course really helped me understand how to begin in the market. Duke was very patient, and armed me with tons of information. He was very thorough to make sure that I understood all of the material, and frequently brought additional information that was custom to my situation. I look forward to taking the more advanced courses.
