Options’ trading is one of the very bright spots in today’s trading environment and, with the right approach, you can reap huge benefits in a short period of time–but guessing at which tactic or strategy to use is one risk you can’t afford to take.

For the past decade, Bill Kraft, author of Trade Your Way to Wealth and Smart Investors Money Machine, has been perfecting his trading system. He was a lawyer for almost 30 years and then decided he wanted to live by his own rules AND make a huge profit; leaving him with only one option, trading.

Now he hands you the benefits of his knowledge with his very own 90 minute DVD which walks you through the steps of his success. Bill uses real life stories and examples to show the essential principals of trading your way to wealth.

Trading using options can be an extremely high risk gamble if you do not know the basics. These fundamental principals include critical concepts of:

* Lining up a reliable – and realistic – trading plan
* Simple collar strategies that protect your profits,
* Guarantee you have zero risk and are assured of a profit – on entry,
* Avoiding key mistakes traders often make,
* Money management to find the ideal amount to put into each trade,
* Clear exit strategies that eliminate guesswork and reduce stress.

What is the climate of the market right now? Look no further than the VIX, the CBOE Volatility Index, which is a measure of 30-day implied volatility. Created in 1993 by the CBOE & Duke University, the goal of the VIX is to trade and hedge against changing implied volatility.

Futures and options on the VIX have unique characteristics and price behavior. As an advanced trader, you need to know how they differ and how they can be traded properly. Peter Lusk, instructor at The Options Institute at the CBOE, will walk you all the way from the history of these trading vehicles to case studies illustrating their effectiveness.

Let Peter give you:
• A clear-cut explanation of the VIX and how it relates to the broader market;
• Numerous case studies showcasing the VIX Index, VIX futures, and VIX options;
• VIX futures versus the VIX Index, and how you can use the expectations of the futures to your benefit;
• What the key differences are between VIX futures and VIX options and how can you optimize each; and
• A detailed look at VIX futures spreads and how you can exploit this strategy for profit.

With a comprehensive online manual included, Peter will simplify and demystify trading VIX futures and options for you. Start reaping the benefits of volatility today.

In today’s risk environment, you need options strategies that are as versatile as they are profitable. The ratio call spread is one strategy that makes trading options so interesting because it allows you to vary the number of options bought and sold in order to add the most profit potential to your positions.

Marty Kearney, instructor at The Options Institute at the CBOE, will walk you through the inner workings of the ratio spread, showing you how to bring in option premium and capture gains from upward moves. Using real world prices, he will share numerous application examples and variations involving out-of-the-money, in-the-money, and at-the-money options. With his instruction, you will learn how ratio spreads offer stock investors unique risk profiles and alternatives, including:

• Added leverage over a limited range,
• An alternative to covered calls, and
• A stock repair strategy.

Accompanied by a comprehensive online manual, this DVD will help you harness the power of ratio spreads, an indispensable tool for today’s options trader.

If you are just beginning to trade options, you may have seen that option prices don’t behave like stock prices. You need to understand how changing stock price, changing time, and changing volatility may impact an option’s price. Only with this knowledge can you develop realistic expectations about how and why option prices change the way they do, and learn to trade them profitably.

In an engaging and conversational style, Peter Lusk guides you into the world of options. Over the course of the DVD and online manual, he will help you understand the most important aspects of option trading like:
• The components of option prices, like strike prices, time value, intrinsic value, and parity;
• At-the-money, out-of-the-money, and in-the-money put and call definitions and real world examples;
• How option prices behave in changing market conditions;
• What the Greeks are and how they affect your option trading;
• How you can choose the “right” option and trade successfully.

By reviewing these concepts in a number of different examples and situations, Peter will make sure you are comfortable with the building blocks of options trading. Whether you’re a new options trader or in need of a refresher, this course is essential to your success in options and in learning more complex strategies down the road.

Options—what were once elite and complicated trading products are now accessible to virtually every trader. More important, options allow you to use powerful leverage to get the greatest potential while carefully controlling your risk.

Jim Bittman is one of the best known instructors with The Options Institute at the CBOE and is highly respected for his ability to help traders gain access to the amazing opportunities that options provide. In this course, Bittman starts from the beginning and gives you everything you need to start trading options.

This course empowers you to:
• Understand all the terms related to options, from calls and puts to covered calls and straddles,
• Trade using short strategies and long strategies,
• Prepare for any market condition, and
• Determine the risk/reward ratios for each strategy so you can get the highest return with the least exposure.

If you have been interested in trading options, this is the perfect place to start. Clear, concise explanations from the most objective source of education. Complete with online access to the presentation materials, this DVD is any traders’ best first step to success in the options market.

Index options offer significant benefits to traders who understand how they work. With the details of these unique characteristics revealed, a trader has access to key advantages not available using
standard options. In this detailed course, Jim Bittman, Senior Instructor at The Options Institute at the CBOE and author of Trading Index Options, spotlights these powerful aspects of index options to allow you to achieve your trading goals.

You can take advantage of:

• Tax benefits specific to index options that even ETFs and ETF options don’t offer,

• Weekly index options to tap into short-term market events,

• Strong evidence about increases or decreases in volatility with VIX options, and

• Trending markets with binary options—including the facts and guidelines you need to trade them.

If you are looking for unbiased, hands-on information for using the distinct aspects of index options, this course is your solution. With the DVD and online support materials, you will have an expert to guide you to the significant opportunities these trading tools provide.

Getting reliable advanced option strategies just got easier. This new course from legendary Options Institute Senior Instructor Jim Bittman walks you through high level strategies that put time and diagonal spreads within your reach.

A time spread is a short-term, market-neutral strategy that offers potentially high percentage profits with small dollar risk. Diagonals, when combined with the right strategies, allow you to balance risk and reward. Let Jim Bittman walk you through every detail of the concepts behind these types of spreads. He will use numerous examples that will pit theory versus reality to show exactly what works when. Most important, Bittman will hand you formulas for calculating more realistic targets to improve your trading decisions.

Built for advanced traders, this course will give you:
• Full understandings of how both spreads work and what to look for to increase winning percentages,
• A list of key caveats, any one of which could make or break a trade,
• The Greeks and valuation formulas you need to optimize your trades,

Let Traders’ Hall of Fame Award winner Jim Bittman give you three different ways of trading time spreads, entering spread orders, and examining price behavior in this interactive session.

The covered call is an essential strategy for every options trader. In this new 90-minute DVD presentation, popular instructor Marty Kearney of The Options Institute at the CBOE explains the basics of covered call writing, including assignment and tax implications.

From the motivations for utilizing the covered call to rolling your position up and out, Marty covers everything you need to know to trade this strategy. With clear-cut definitions and tons of real-world examples, he illustrates possible outcomes at expiration, including:

• The static return,
• The “if-called” return, and
• The “pure income” static return.

As an options professional, Marty’s unique insight reveals potential trouble spots, like:
• The break-even point,
• The indifference point, and
• Early exercise.

With a comprehensive online support manual, Marty walks you through building your own tables and diagrams in order to determine possible profit/loss scenarios, and teaches you to plan ahead with exit strategies.

Are you looking for an options strategy with limited risk? Low commission costs? One that you could trade every month?

In this DVD presentation, Marty Kearney, popular instructor at The Options Institute at the CBOE, will walk you through two such strategies—the credit spread and the iron condor. Marty goes through each strategy step-by-step, revealing considerable flexibility. He also includes a discussion of different indexes, ETFs, and options to use when trading either strategy.

Using examples featuring current market conditions, Marty clearly illustrates how the credit spread or the iron condor can be affected by market variables such as:

• Volatility,
• Time decay, and
• The “Greeks.”

With the comprehensive online support manual, Marty walks you through the calculations for minimum risk and margin requirement. He’ll explain the tradeoffs and the pros and the cons of each strategy. He’ll show you how to manage your position, and even share with you a bonus strategy—the skip-strike butterfly, an alternative strategy that, like the other two, will allow you to limit risk while collecting premium.

In some cases, Covered Calls can be viewed as a conservative strategy. Professional investors sell covered calls to increase their investment income. But individual investors/traders can also benefit from this simple and effective option strategy by taking the time to learn it properly. By doing so, this will add to a trading arsenal and provide more investment/trading opportunities.

* Components of a Covered Call
* Covered Call Objectives
* Blending with Market Bias
* Covered Calls in a short time frame
* Preparing for all ?what ifs?
* Collars to Contain Exposure
* Accumulate Income with Covered Calls
* Proper risk management
* Additional Considerations ? Variations
* Common Mistakes Made

In this DVD, you will go beyond the point of understanding Covered Calls, as you will learn how to vary the Objective along with levels of Risk. Those who use this information will learn to use Covered Calls as a way to decrease their cost basis or to gain income from a Stock position, even if the stock doesn’t pay a dividend. This strategy can provide you an additional way to profit from stock ownership while using Options. Frank is an expert options strategist who has been teaching and trading options since 1990.

Course Length: 1:00 hours