TRADING THE PRISTINE METHOD® - OPTION SEMINAR
PART I
TPM I not required but recommended
The Pristine Method® Option Seminar Part 1 is an intensive, 1-day beginning to intermediate course that teaches students how to effectively swing and core trade options, including how to generate monthly premium on long-term holdings to reduce cost basis.
Options give traders more versatility when trading an underlying that are not available with trading stocks alone. The course will consist of an introduction to option theory and a discussion of practical trading strategies using The Pristine Method. You will learn how Pristine applies the appropriate option strategy in any trading environment after a careful analysis of the equity, consistent with the risk profile of the trader and whether the trade is a swing trade (one to five days) or core trade (weeks to months).
Although the vast public is “afraid” of options and unwilling to learn about them, properly used successful option strategies can be less risky than trading the underlying instrument.
The Pristine Method applies to anything that moves; however, if you trade a stock, commodity, futures contract, or currency alone, you will only win if that instrument goes in the direction intended. As we all know, those instruments can go up, down, or sideways. Pristine will teach you various option strategies where the odds are stacked in your favor in two of the three possible scenarios.
The curriculum to be covered in the TPM® - OPTION SEMINAR PART 1 includes:
How to add options to your trading tool kit with confidence and objectivity
Understanding risk profiles of popular option strategies
Learn how to speculate or hedge based on your reward-risk profile
Know what strategies to implement in bull, bear, and sideways trends
Determine the option strike price and expiration month to meet your expectations
Learn how to protect against disaster gaps
Use long options that offer similar upside, but with limited downside risk and less exposure
Learn how to generate monthly income with lower risk covered calls
Learn when and how to sell puts to both speculate and to buy desired long-term stocks cheaper
Understand the basics of option pricing models and volatility
Learn how to find, enter and manage trades based on The Pristine Method
Learn the most common mistakes from novice option traders
Whether you are a conservative investor or short-term, aggressive trader, we will show you how to intelligently incorporate option strategies into your trading arsenal to accomplish your goals; whether speculating, hedging, or simply trying to generate monthly premium. Through a detailed manual, we will also throw light on the language of complex option strategies and provide you with a clear step-by-step process to begin trading them effectively.
NOTE ABOUT RISK OF TRADING OPTIONS:
Options carry a high degree of risk and are not suitable for all investors. You must balance the opportunity of options trading with the corresponding risk involved. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options. Copies of this document are available from your broker or the Chicago Board Options Exchange, 400 S. LaSalle Street, Chicago, IL 60605. The OCC Prospectus contains information on options issued by The Options Clearing Corporation. Copies of this document are available from The Options Clearing Corporation, 440 S. LaSalle Street, 24th Floor, Chicago IL 60605 or the Chicago Board Options Exchange, 400 S. LaSalle Street, Chicago, IL 60605. The document available discusses exchange-traded options issued by The Options Clearing Corporation and is intended for educational purposes. No statement in the documents or as otherwise presented by the instructor, Pristine.com, or its officers, directors, employees or agents should be construed as a recommendation to buy or sell a security or to provide investment advice.