Just a quick end-of-week update on the Options Course. We had the first session two weeks ago (replayhere) in which I introduced the basics of options and outlined the course.
I’ll be doing the second module live this Sunday late morning (New York time). You can register to attend here, and a replay will be available. (We’re exploring different times for people in different parts of the globe!)
This session will focus on options pricing. I realize that’s not the most riveting topic; it can easily become purely academic, or just irrelevant.
I’ll show a different way to think about the pricing problem—we’ll go back to the early days (when trading was done—gasp—on the phone!) and see why it’s hard to figure out what an options contract should be worth. Once we reason through the problem from those first principles, a lot of things that might have been murky or confusion about trading options will almost magically clear up for you!
To get the most out of this module, you’ll need to know what a put is and what a call is. We’re not starting at the very beginning, but 5 minutes work, if you’re a complete beginner, will get you where you need to be!
Come and join us this Sunday for Module 2.