Advanced Options Concepts – Probability, Greeks, Simulation by Hari Swaminathan Free Download – Includes Verified Content:
Advanced Options Concepts – Probability, Greeks, Simulation
By Hari Swaminathan
What you will learn
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Gain mastery over probability concepts as they relate to options markets
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Deepen your understanding of the complexities behind all major Option Greeks
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Develop a trading “edge” using advanced analytical techniques
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Predict how your option positions will behave before placing your trades
Prerequisites
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Basic familiarity with Calls and Puts
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Foundational knowledge of Option Greeks
Description
Advanced Options Concepts – Probability, Greeks Analysis, and Simulation
SECTION I – IN-DEPTH PROBABILITY ANALYSIS
While some probabilistic ideas may have been introduced before, this section dives much deeper. Developing a sharp probabilistic mindset combined with strong analysis is critical for success in financial markets. This module explores various approaches to assessing risk probabilities in your trades.
SECTION II – COMPREHENSIVE GREEKS EXPLORATION
This section offers a detailed look at the key Greeks: Delta, Gamma, Theta, and Vega. Although these concepts were introduced earlier, now you’ll elevate your understanding to an advanced level. The Greeks serve as your guide to automating strategies effectively. We’ll explore their nuances and mathematical foundations—so get ready to engage your analytical skills!
What you will master
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The significance of statistical pricing within stock markets
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The importance of Standard Deviation as a core metric
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Strengths and limitations of statistical modeling approaches
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How to select strategies guided by probability metrics
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Advanced comprehension of all major Option Greeks
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Mathematical modeling of options behavior
SECTION III – OPTIONS ANALYSIS AND SIMULATION
Identifying a good trade entry via volume, charting, or technical analysis is just the start. The real key is performing thorough analysis and simulation before committing. This section provides a step-by-step guide to simulate a variety of market scenarios prior to placing trades. While this process might take about 30 minutes, it’s invaluable for anticipating outcomes.
What you will master
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How your position will react to a +/- 5% price move in the underlying stock
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How to conduct options analysis before trade execution
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Running options simulations to identify your profit zone
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Understanding time decay’s impact on your position
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Preparing for volatility shifts and their effects
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Simulating outcomes when two variables change simultaneously
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Simulating combined effects of three variables
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Stress testing your trade for robustness
Who this course is for?
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Individuals with basic knowledge of Calls and Puts
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Traders familiar with options spreads
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Anyone aiming to optimize credit spreads and other advanced options strategies
