SpotGamma Academy

In the Junior Trader course, one will acquire the skills to:

• Analyze profit profiles for call and put options
• Comprehend the variables influencing the price of options
• Differentiate between intrinsic value and time value
• Read an options chain and compare the pricing of various strikes and maturities

What skills will be gained from this course?

Upon completion of the Junior Trader course, participants will possess the ability to leverage capital through the buying and selling of individual options, understanding their payoffs. The capacity to select the right option for trading using an options chain, by evaluating breakevens and relative premiums, will be developed. Additionally, participants will acquire the skills to utilize the SpotGamma key levels for guiding the timing of trades.

In the Senior Trader course, participants will learn:

• Evaluation of each of the key Greeks and their role in risk management
• Appreciation of the impact market makers have on stock price movement through Delta hedging
• Differentiation between realized and implied volatility, along with the associated Greeks for each
• Application of multi-dimensional scenarios to project the path of an options value considering spot price, time, and volatility

What skills will be gained from this course?

Upon completion of the Senior Trader course, individuals will have the capability to structure option positions around a general thesis for a stock, with an understanding of the Greeks. They will be proficient in quantifying the risk-reward of options positions for all potential scenarios using volatility analytics. Additionally, participants will possess the skills to utilize the SpotGamma EquityHub individual stock metrics to make informed trading decisions.

In the Portfolio Manager course, participants will learn to:

• Interpret the shape of the term structure
• Understand forward implied volatility and its application to VIX futures
• Assess volatility skew, its existence, and its informative nature about tail risk in a specific asset
• Understand second order Greeks, including Vanna and Charm, and their impact on markets due to dealer positioning
• Implement new trading strategies, including spreads, ratios, and butterflies
• Trade volatility and skew through straddles and collars
• Identify and trade gamma squeezes before and after the fact

What skills will be gained from this course?

Upon completion of the Portfolio Manager course, individuals will have the ability to construct various options positions with well-defined risk and a comprehensive understanding of the volatility surface. They will be adept at creating complex portfolios by trading multiple maturities and strike levels. Additionally, participants will be able to utilize the SpotGamma individual stock scanners to generate new ideas and structure complex trades, such as calendar spreads.

This course aims to assist individuals in finding the optimal trading strategy that reflects their views on a stock. It allows participants to tailor the Greek profile to fit their preferences by using key gamma levels to pinpoint entries, strikes, and potential expiry pins for selecting trades that can maximize profit potential.

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