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One step further: A weekly options class for intermediate options traders

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 grow their depth of knowledge with options trading.

Virtual classroom details

This class will cover key concepts and practical application, including: options pricing, what you need to know volatility, one- vs. two-leg strategies, and how to generate options trading ideas. This class is the next step from our 4-week beginner course.

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.

May 2023

Session Date and time

Week 1: Options pricing
In the first week, we will discuss options pricing - the components that determine an option's price, factors that affect pricing, and the process of planning and managing your trade.

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

 Wednesday, May 3, 2023
10:30-11:30 am ET

Register for Week 1

Week 2: What you need to know about volatility
This week will focus on volatility. We will cover historic and implied volatility, how volatility can affect option pricing, using volatility data to make and manage trade decisions, and Fidelity's tools and resources for volatility analysis.

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

 Wednesday, May 10, 2023
10:30-11:30 am ET

Register for Week 2

Week 3: One leg or two
Is In this session we will review one and two-legged strategies and why you might choose one over the other. We cover the strategy outlook, important considerations of each strategy, and common pitfalls.

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

 Wednesday, May 17, 2023
10:30-11:30 am ET

Register for Week 3

Week 4: Generating options trade ideas
This final week is focused on the suite of Fidelity resources available for options trading. We will go into detail on the Options Research tools including, the Profit/loss and probability calculators, screeners, and options statistics. Most importantly, we will help make sense of why these tools are important for options trading.

Download slides (PDF)

 Wednesday, May 24, 2023
10:30-11:30 am ET

Register for Week 4

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).

June 2023

Session Date and time

Week 1: Options pricing
In the first week, we will discuss options pricing - the components that determine an option's price, factors that affect pricing, and the process of planning and managing your trade.

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

 Tuesday, June 6, 2023
10:30-11:30 am ET

Register for Week 1

Week 2: What you need to know about volatility
This week will focus on volatility. We will cover historic and implied volatility, how volatility can affect option pricing, using volatility data to make and manage trade decisions, and Fidelity's tools and resources for volatility analysis.

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

 Tuesday, June 13, 2023
10:30-11:30 am ET

Register for Week 2

Week 3: One leg or two
Is In this session we will review one and two-legged strategies and why you might choose one over the other. We cover the strategy outlook, important considerations of each strategy, and common pitfalls.

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

 Tuesday, June 20, 2023
10:30-11:30 am ET

Register for Week 3

Week 4: Generating options trade ideas
This final week is focused on the suite of Fidelity resources available for options trading. We will go into detail on the Options Research tools including, the Profit/loss and probability calculators, screeners, and options statistics. Most importantly, we will help make sense of why these tools are important for options trading.

Download slides (PDF)

 Tuesday, June 27, 2023
10:30-11:30 am ET

Register for Week 4

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).

July 2023

Session Date and time

Week 1: Options pricing
In the first week, we will discuss options pricing - the components that determine an option's price, factors that affect pricing, and the process of planning and managing your trade.

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

 Thursday, July 6, 2023
2:30-3:30 am ET

Register for Week 1

Week 2: What you need to know about volatility
This week will focus on volatility. We will cover historic and implied volatility, how volatility can affect option pricing, using volatility data to make and manage trade decisions, and Fidelity's tools and resources for volatility analysis.

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

 Thursday, July 13, 2023
2:30-3:30 am ET

Register for Week 2

Week 3: One leg or two
Is In this session we will review one and two-legged strategies and why you might choose one over the other. We cover the strategy outlook, important considerations of each strategy, and common pitfalls.

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

 Thursday, July 20, 2023
2:30-3:30 am ET

Register for Week 3

Week 4: Generating options trade ideas
This final week is focused on the suite of Fidelity resources available for options trading. We will go into detail on the Options Research tools including, the Profit/loss and probability calculators, screeners, and options statistics. Most importantly, we will help make sense of why these tools are important for options trading.

Download slides (PDF)

 Thursday, July 27, 2023
2:30-3:30 am ET

Register for Week 4
Albert Marquez, CFP®

Albert Marquez, CFP® began his career at Fidelity in 2021. At Fidelity, Albert has held various roles within the Active Trader organization, including the service team, and more recently the Trading Strategy Desk®. Prior to joining Fidelity, Albert spent many years on the trading floors of Chicago, as an option trader and a broker. Albert earned his bachelor’s degree in Business Management from DePaul University. He is currently a Certified Financial Planner (CFP®) and Registered Securities Representative (Series 7/63).

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.

 There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, and collars, as compared with a single option trade. Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 1030959.1.1