Getting started: A weekly options class for beginners

  • Options Strategies

Virtual classroom details

Date: See schedule below Duration: 60 minutes Time: 2 p.m.–3 p.m. ET

Cale Bearden from our Trading Strategy Desk, an experienced options professional, will work in a 4-week virtual classroom course with a small group of investors who are seeking to understand options trading. The class will cover key concepts and practical application, including: what options are, common option 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.

Times Sessions
Thursday, June 7, 2018
2–3 p.m. ET

Week 1: What are options?

In the first week, Cale 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 the homework assignment from Week 1 (PDF)

Thursday, June 14, 2018
2–3 p.m. ET

Week 2: Options pricing and more

This week will continue to cover the basics including options pricing and exercise and assignment. We will continue to look at supporting tools provided by Fidelity. Our goal is not only to help you understand key concepts but also how to apply them.

Print and complete the homework assignment from Week 2 (PDF)

Thursday, June 21, 2018
2–3 p.m. ET

Week 3: How to trade single leg options strategies

Now that you understand basic concepts, we are ready to look at simple strategies. You'll learn strategies that are commonly used for first-time options traders.

Print and complete the homework assignment from Week 3 (PDF)

Thursday, June 28, 2018
2–3 p.m. ET

Week 4: Monitoring your options trades and exit strategy

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


Presenter

Cale BeardenCale Bearden has been with Fidelity Investments since September of 2013 and is currently a member of Fidelity’s Trading Strategy Desk. He is currently a Registered Securities Representative (Series 7/63) and a Registered Options Principal (Series 4). Prior to joining Fidelity, Cale graduated from Hardin-Simmons University with a Bachelor's degree in Finance.