Thousands of traders are getting daily winning options alerts through the #1 options trading community. Apply Now to Join Options Trading Club!
Options trading can bring in high percentage returns to make money if done properly. A lot of investors today are hoping to learn how to trade options as it can act as way to hedge volatile stock markets. A major reason for this is that it allows investors to participate in the capital market with a low capital base and without much risk. Joining one of the best options trading courses could be very helpful for traders to learn the ins and outs of making options trading a profitable endeavor by using different options trading strategies and not just calls and puts.
However, anyone who wants to earn money trading options needs to invest a lot of time and effort to learn how to trade and the proper options trading skills and knowledge. An easy way to do this is to complete any of the best trading courses that teach you how to get into options trading in a systematic and patient manner while being able to find profitable trade setups. Along with providing necessary insights, it also helps you build the confidence required for making successful trades.
9 Best Options Trading Courses in 2024
9 Best Options Trading Courses Right Now
1. Options Trading Club
By far, the most valuable options trading education source and acts as the best options trading course if you want to be a good option trader is none other than Options Trading Club. Options Trading Club is the #1 options trading discord server out there. Lead traders, do an excellent job providing winning trading alerts which include strike price and expiration, in various trading strategies while providing education to help anyone become a profitable options trader. You can also learn from the community on which broker and trading platforms would be the best fit for you. Trading strategies include but are not limited to covered calls, cash-secured puts, credit spreads, calendar spread, and more making it a perfect group if you want to begin hedging against the market or certain sectors. Since Options Trading Club is a high-quality community, it only accepts new users from an application. Click Here to Apply to join Options Trading Club.
2. Simpler Trading
The Simpler Trading platform has a comprehensive training course which is offered by renowned options trader, John Carter, who has authored the book “Mastering the Trade” and has more than 25 years of experience in options trading. This course has exactly the right amount of education, interactivity, and trading tools required to sharpen the learners’ knowledge and to help them build confident and successful trading strategies. Moreover, the 20-minute premium videos provided are one of the most valuable resources that are packed with market news, overview of different option strategies, various tutorials, and reviews of the day’s trades.
3. Options Trading Basics (3-Course Bundle)
This is a low-cost good quality course offered by Udemy especially designed for those who are excited about options trading but are not yet ready to invest in a full-blown course. It is taught by trader and options mentor, Hari Swaminathan, who has upskilled more than 90,000 options enthusiasts. This small, 11.5 hours video-based course covers all the ins and outs of options trading, discussing matters starting from an Intro to Call and Put Options and then moving to advanced topics like Time Decay, Credit Spread, Implied Volatility, Greeks, and finally covering Call and Puts Live Trades.
4. Trading for Beginners
As the name suggests, this course by Investopedia Academy is specially designed for beginners and offers a unique combination of 50 lessons blended with video exercises. Priced at $199, this course is a self-paced one that does not require any prerequisites and also offers a certificate of completion. It introduces aficionados to the basic concepts and practices related to trading including options trading and discusses topics like market types, trading rules, and trading for hobby vs. business. Beginners can avail of this course to determine if they are fit for options trading or not.
5. Options Trading for Rookies
This is another amazing beginner-friendly course available on the Udemy platform. It is a bundle of two courses with the second one talking more about trading strategies. The course enables the learner to first understand how options fundamentally work and thereafter explains how options trading takes place in the real world. Within the first couple of hours, the basic concepts are covered and after that, the practical applications are discussed. The entire course is designed in an easy manner and clears important concepts like what happens to options when underlying stock value declines or when to buy or sell a call.
6. Bullish Bears
The Bullish Bears options trading course is rich in context yet low in cost. It has its prima facie focus on Options Trading. It starts with discussing the basics and later moves on to how to read an options chain. With $97 a month, it provides access to the complete course along with some additional facilities like a live-streaming trading room to help learners crystalize their learnings or build professional networks with other Bullish Bear students. This resource can also be useful if you want to learn advanced trading strategies. One can also avail of the 7-day full access free trial feature to check whether they like the course or not.
7. Beginners Stock Option Trading High Probability Profit Trades
It is one of the shortest and most inexpensive courses on options trading. Even somebody who has zero knowledge about Options Trading would feel comfortable with it. The course is provided on the Skillshare platform and is curated keeping the beginners in mind. Its trainer, Eric Blair, loves sharing his life hacks and strategies which can drive the learner to pursue their trading goals in the future with ease. The course covers a range of topics. At first, it discusses basic things like what are stock options and then moves on to discuss trading methods and technical analysis.
8. Option Alpha
Option Alpha is one of the best picks when it comes to educating learners for free. It provides 13 high-quality Options Trading courses along with hundreds of other free-of-cost educational videos. Curated by Kirk du Plessis, a former investment banker, and analyst, these courses discuss both, basic topics like Options Basics, Entries, and Exits as well as technical ones like Bullish, Neutral, and Bearish Strategies, Portfolio Management, Pricing and Volatility, and many more. So, anyone who wants to learn Options Trading at their own pace can avail of Option Alpha’s free offering.
9. Professional Options Trader
This sixty-hour hybrid Professional Options Trader course provided by Online Trading Academy gives a rule-based approach to options trading. It comes with live market strategy sessions and interactive lab exercises. One does not require any prior trading experience before taking this course and the organizers here usually recommend students to watch their Core Strategies, Online Student Orientation, and Option pre-essential videos first. However, on the downside, the course is quite expensive and does not provide a flexible schedule.
Conclusion
Mastering options trading skills needs years of patience and practice whether learned with or without the help of any professional course. Moreover, all these options trading courses mentioned above are excellent at providing comprehensive educational content as they are designed by some of the best professional options traders out there. Anyone intending to take up any of these courses should first decide on the price point and the extent of their knowledge requirement and then start with their learning journey. It is also advisable to join one or several of these first prior to opening a options trading account.
This Options Discord Chat is The Real Deal
While the internet is scoured with trading chat rooms, many of which even charge upwards of thousands of dollars to join, this smaller options trading discord chatroom is the real deal and actually providing valuable trade setups, education, and community without the noise and spam of the larger more expensive rooms. With a incredibly low-cost monthly fee, Options Trading Club (click here to see their reviews) requires an application to join ensuring that every member is dedicated and serious about taking their trading to the next level. If you are looking for a change in your trading strategies, then click here to apply for a membership.