Avoiding Option Trading Traps

<p><b>Run Time:</b> 78 minutes. “I was right – but I’m still losing money.” Sound familiar? Frustrations abound in the options arena. Learning what to expect, and how to react, are the real keys to option trading success.</p> <p>Now, renowned author and “Trader’s Hall of Famer” Larry McMillan shows you how to avoid the 5 most common – and costly – mistakes option traders make. Benefit from the guidance of this options guru, as he highlights the 5 major problem areas traders frequently fall victim to. McMillan shows you what to do in typical tough spots – and how to avoid them in the future.</p> <p>Master his methods for:</p> <ul> <li>Using put-call ratios as a critical timing tool</li> <li>Picking the right option for your trading style & goals</li> <li>Deciding how many dollars to risk</li> <li>Determining the correct number of options to buy</li> <li>Creating a scenario for covered call writing play Not a “how to trade” course</li> </ul> <p>This presentation is a “what to do” playbook, as McMillan focuses on fresh methods and tactics you need to make every trading move a winner, including:</p> <ul> <li>Recognizing the classic “disaster pattern” in covered call writing</li> <li>How the underlying “Delta” impacts your trading strategies</li> <li>Understanding – and using – “what if” analysis</li> </ul> <p>Contrarian thinking:</p> <ul> <li>How to avoid running with the crowd</li> <li>Finding -and profiting from – cheap options</li> </ul> <p>With its comprehensive online companion this video is must viewing for any investor looking to move beyond the realm of options theory – into the world of option profits.</p>