Free Download Foundation Options – Time Decay, Implied Volatility, Greeks by Hari Swaminathan – Includes Verified Content:
Foundation Options – Time Decay, Implied Volatility, Greeks by Hari Swaminathan
Foundation Options by Hari Swaminathan is a complete course designed for traders and investors who want to master the core concepts of options trading. Covering time decay, implied volatility, the Greeks, and market structure, this course equips you with the knowledge to trade options confidently and effectively, reducing the risk of costly mistakes.
Whether you are an intermediate options trader or have a basic understanding of calls and puts, this course dives deeper into the essential concepts that form the backbone of successful options strategies.
Course Overview
Section I – Time Decay
Time decay is a crucial factor in options trading. This section explains how options lose value over time, benefiting sellers while posing risks to buyers. You’ll explore real-world examples, including AAPL options, to understand how time affects risk/reward profiles.
Key Takeaways:
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Understand time decay and its impact on buyers and sellers.
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Learn why time decay is the “great equalizer” in options trading.
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Apply time decay concepts to advanced trading strategies.
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Observe time decay in live market examples.
Section II – Implied Volatility and Option Prices
Implied volatility (IV) is the “wildcard” in option pricing. Ignoring it can lead to losses, but understanding IV allows traders to time entries, exits, and strategy selection more effectively. You’ll also learn about historical, future, and expected volatility, with examples using NFLX and CAT options.
Key Takeaways:
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How IV influences option pricing.
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Why IV is called “implied” and how it differs from historical volatility.
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Strategies for trading in high and low volatility environments.
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Observing IV in real-time market conditions.
Section III – The Greeks: Delta, Gamma, Vega, Theta
The Greeks are the instruments that guide options trading. Delta, Gamma, Theta, and Vega provide insights into risk, price sensitivity, and potential profitability of every position. Mastering the Greeks helps traders manage positions intelligently and make decisions with confidence.
Key Takeaways:
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Delta: the directional measure of risk.
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Gamma: monitors changes in Delta.
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Theta: benefits for option sellers.
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Vega: tracks sensitivity to volatility.
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Understanding Greeks improves moneyness and expiry selection.
Section IV – Market Structure, Terminology, and Market Makers
To trade options effectively, you must understand the market environment, terminology, and roles of participants. This section explains open interest, exercise and assignment, bid-ask spreads, margin requirements, and the critical role of market makers.
Key Takeaways:
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Open interest insights and market sentiment.
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Exercise and assignment processes.
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Understanding market makers and their influence.
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Regulation and margin rules for safer trading.
Course Materials
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Video Lessons: video 3.mp4, video 4.mp4
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PDF Resources: Course-Order-Details-Udemy.pdf, Udemy-Courses-Order-April2019.pdf
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Step-by-Step Examples for applying concepts in real market conditions
Who Should Take This Course
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Traders who understand basic calls and puts but want advanced knowledge.
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Investors seeking confidence in option strategies before trading.
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Anyone looking to master the foundations of options for risk management and profit potential.
Why This Course Matters
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Provides a deep understanding of time decay, volatility, and Greeks.
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Helps traders choose strategies intelligently based on market conditions.
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Improves risk/reward management for both buyers and sellers.
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Combines theory with practical examples for real-world application.
