Intermediate programme
Options Trading
Use options as a risk-management tool, not a lottery ticket.
Course introduction
Options can limit risk or multiply it — the difference is understanding. This programme covers how options are priced, what moves their premium, and how to build risk-defined positions. You will practise strategy selection and adjustment in a simulated environment before applying anything live.
Learning objectives
By the end of this programme you will be able to:
- Explain calls, puts, premium, strike and expiry
- Interpret Delta, Gamma, Theta and Vega
- Understand implied volatility and its effect on premium
- Construct risk-defined spreads and understand their payoff
- Plan adjustments and exits before entering a position
Topics covered
- Option basics and payoff diagrams
- The Greeks in practice
- Implied volatility and volatility events
- Vertical spreads, iron condors and calendars
- Index options (NIFTY, BANK NIFTY) and US equity options
- Position sizing, margin and adjustments
Who should attend
- Traders comfortable with chart reading and basic risk management
- Equity traders who want to hedge positions
- Anyone who has traded options without a structured method
Other programmes
FoundationBeginner Trading
Understand how markets really work — before you risk a rupee.
A structured foundation in market mechanics, chart reading, order types and risk management for first-time traders.
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IntermediateStocks and Futures Trading
Read the chart itself — not a screen full of indicators.
Learn to interpret market structure, key levels and candlestick behaviour to plan trades with clear entries, exits and invalidation.
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AdvancedAdvanced Trading
Refine a complete, personal trading system.
For experienced learners: combine price action, options and position management into a documented, testable trading system.
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