Getting started: A weekly options class for beginners

Our trading professionals at the Trading Strategy Desk® will conduct a 4-week virtual classroom course with a small group of investors who are seeking to understand options trading.

Virtual classroom details

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This class will cover key concepts and practical application, including: what options are, common options strategies, and how to apply those strategies in your portfolio. There will be homework assigned after each session to help you apply your growing knowledge.

Each class will build on the prior week's class, so please plan on registering for and attending all 4 weeks.

These classes are designed for those investors who have an approved options agreement on file but haven't traded yet, or have traded options only once or twice.

January 2021

Session Date and time

Week 1: Introduction to options
In the first week, we will cover the basics — what are options as well as key terms and concepts you will need to know to trade options.

During this interactive session, you will be able to ask questions and we will show you the online tools to help you apply your knowledge.

Print and complete homework assignment (PDF) | Download slides (PDF)

Thursday, January 7, 2021
2:30 p.m. – 3:30 p.m. ET

Week 2: Buying options
This week will focus on option buying strategies for capitalizing on bullish and bearish outlooks as well as for hedging. We will cover the risk and reward profile of buying strategies by analyzing the potential profit and loss charts and how you can place an option order.

Print and complete homework assignment (PDF) | Download slides (PDF)

Thursday, January 14, 2021
2:30 p.m. – 3:30 p.m. ET

Week 3: Selling options
This session will cover the income generating strategies of selling covered calls and cash secured puts. We will review the important risk considerations of selling strategies as well as how to place these orders using Fidelity’s trading tools.

Print and complete homework assignment (PDF) | Download slides (PDF)

Thursday, January 21, 2021
2:30 p.m. – 3:30 p.m. ET

Week 4: Options trade management
What happens after placing your options trade? This week's class will focus on how to manage and monitor your trade. We will review different market scenarios and the importance of having an exit strategy.

Download slides (PDF)

Thursday, January 28, 2021
2:30 p.m. – 3:30 p.m. ET

Presenter

Jacob Ellis Jacob Ellis began his career at Fidelity Investments in 2015. Until joining the Trading Strategy Desk®, he spent several years in our Active Trader Services function. Jacob earned a master of science finance degree from the University of Utah in 2019, and also serves in the U.S. Army Reserve Finance Corps. He is a Registered Securities Representative (Series 7/63), a Registered Options Principal (Series 4), and a General Securities Sales Supervisor (Series 10).


February 2021

Session Date and time

Week 1: Introduction to options
In the first week, we will cover the basics — what are options as well as key terms and concepts you will need to know to trade options.

During this interactive session, you will be able to ask questions and we will show you the online tools to help you apply your knowledge.

Print and complete homework assignment (PDF) | Download slides (PDF)

Friday, February 5, 2021
12:00 p.m. - 1:00 p.m. ET

Week 2: Buying options
This week will focus on option buying strategies for capitalizing on bullish and bearish outlooks as well as for hedging. We will cover the risk and reward profile of buying strategies by analyzing the potential profit and loss charts and how you can place an option order.

Print and complete homework assignment (PDF) | Download slides (PDF)

Friday, February 12, 2021
12:00 p.m. - 1:00 p.m. ET

Week 3: Selling options
This session will cover the income generating strategies of selling covered calls and cash secured puts. We will review the important risk considerations of selling strategies as well as how to place these orders using Fidelity’s trading tools.

Print and complete homework assignment (PDF) | Download slides (PDF)

Friday, February 19, 2021
12:00 p.m. - 1:00 p.m. ET

Week 4: Options trade management
What happens after placing your options trade? This week's class will focus on how to manage and monitor your trade. We will review different market scenarios and the importance of having an exit strategy.

Download slides (PDF)

Friday, February 26, 2021
12:00 p.m. - 1:00 p.m. ET

Presenter

Trey Jarrell, CMTTrey Jarrell, CMT®, joined Fidelity Investments in 2006. He spent time in our Service, Premium, Private Client Group, and Active Trader Services functions before joining the Fidelity's Trading Strategy Desk® in June 2014. He is currently a Registered Securities Representative (Series 7/63) and a Registered Options Principal (Series 4). Prior to joining Fidelity, he graduated from Florida State University with a bachelor's degree in economics.


March 2021

Session Date and time

Week 1: Introduction to options
In the first week, we will cover the basics — what are options as well as key terms and concepts you will need to know to trade options.

During this interactive session, you will be able to ask questions and we will show you the online tools to help you apply your knowledge.

Print and complete homework assignment (PDF) | Download slides (PDF)

Tuesday, March 2, 2021
2:30 p.m. – 3:30 p.m. ET

Week 2: Buying options
This week will focus on option buying strategies for capitalizing on bullish and bearish outlooks as well as for hedging. We will cover the risk and reward profile of buying strategies by analyzing the potential profit and loss charts and how you can place an option order.

Print and complete homework assignment (PDF) | Download slides (PDF)

Tuesday, March 9, 2021
2:30 p.m. – 3:30 p.m. ET

Week 3: Selling options
This session will cover the income generating strategies of selling covered calls and cash secured puts. We will review the important risk considerations of selling strategies as well as how to place these orders using Fidelity’s trading tools.

Print and complete homework assignment (PDF) | Download slides (PDF)

Tuesday, March 16, 2021
2:30 p.m. – 3:30 p.m. ET

Week 4: Options trade management
What happens after placing your options trade? This week's class will focus on how to manage and monitor your trade. We will review different market scenarios and the importance of having an exit strategy.

Download slides (PDF)

Tuesday, March 23, 2021
2:30 p.m. – 3:30 p.m. ET

Presenter

James Savage James Savage began his career with Fidelity in 2014 as a trader in our Service function. Since then he has held roles in our Premium Service and Active Trader Service functions. James joined the Trading Strategy Desk® in October of 2019. He currently holds the Series 7 & 63 licenses, and is a Registered Options Principal (Series 4).