Options Mastery: From Theory to Practice
Learn the skills to generate income, hedge risk, and enhance your returns — all in a simulated environment using professional brokerage tools.
Taught by an instructor with education from:
Video 1.1: Meet Your Instructor: Ryan O'Connell, CFA
FREE PREVIEWMeet Your Instructor: Ryan O'Connell, CFA, FRM
FREE PREVIEWAbout This Course and How It's Structured
FREE PREVIEWHow the Course Is Structured
FREE PREVIEWWhat This Course Is & Isn't
Most People Think About Options Trading Wrong
FREE PREVIEWThe Importance of Paper Trading Accounts for Learning and Practice
Setting Up Your Interactive Brokers Paper Trading Account
FREE PREVIEWSigning up for a Paper Trading Account With Interactive Brokers
FREE PREVIEWComprehensive Introduction to the IBKR Desktop App
What are Options & Why Trade Them?
Call Options Explained | Long & Short Calls
FREE PREVIEWPut Options Explained | Long & Short Puts
FREE PREVIEWOptions Terminology and Key Concepts
FREE PREVIEWQuiz: Options Fundamentals
FREE PREVIEWOptions Trading Cheat Sheet
Intrinsic Vs Extrinsic Value of Options
Intrinsic Value vs. Extrinsic Value Quiz
Understanding Bid-Ask Spreads and Their Impact on Trading
Order Types Explained: Market, Limit and Stop
Margin Trading Explained: Risks, Benefits, and Requirements
Put-Call Parity in Options Trading Explained Using Excel
Put-Call Parity and Arbitrage: The Cornerstone of Options Pricing
Quiz: Put-Call Parity
FREE PREVIEWApplying Call and Put Options in Interactive Brokers
Implementing Put-Call Parity in Interactive Brokers
The Black-Scholes Model: Understanding the Most Famous Option Pricing Model
FREE PREVIEWBlack Scholes Option Pricing Model Explained In Excel
Black Scholes Calculator - Web Application
Applying the Black-Scholes Model in Interactive Brokers
What is the Binomial Option Pricing Model?
FREE PREVIEWThe Binomial Option Pricing Model: A Flexible Alternative to Black-Scholes
Binomial Option Pricing Model Calculator - Web Application
Quiz: Black-Scholes and Binomial Option Pricing Models
FREE PREVIEWOption Greeks Cheat Sheet
What is Delta?
Delta Explained
FREE PREVIEWWhat is Gamma?
Option Gamma: Explaining the Changes in Delta
FREE PREVIEWWhat is Theta?
Theta Explained: Mastering Option Time Decay
FREE PREVIEWWhat is Vega?
Vega Explained: Implied Volatility in Options
FREE PREVIEWCalculating the Greeks in Excel
Quiz: Understanding Option Greeks
Option Greeks Calculator - Web Application
Analyzing Option Greeks in Interactive Brokers
Real-World Applications of Option Pricing Models and Greeks
Implied Volatility Explained Using Excel
Implied Volatility Calculator - Web Application
Volatility Smile & Volatility Skew
Analyzing Individual Option Greeks in IBRK Desktop
Analyzing Option Portfolio Greeks in Interactive Brokers
Tiers of Permissions in Brokerage Accounts
Covered Calls: A Conservative Strategy for Generating Income
Covered Calls Explained
Implementing Covered Calls in Interactive Brokers
Protective Puts: A Strategy for Limiting Downside Risk
Protective Puts Explained
FREE PREVIEWImplementing Protective Puts in Interactive Brokers
Covered Calls and Protective Puts Mastery Quiz
Bull Call Spread: A Popular Strategy for Limited Risk and Reward
Bull Call Spreads Explained
Implementing Bull Call Spreads in Interactive Brokers
Bear Call Spread: A Strategy for Profiting from Moderate Price Declines
Bear Call Spread Explained
FREE PREVIEWImplementing Bear Call Spreads in Interactive Brokers
Bull Call Spreads and Bear Call Spreads Mastery Quiz
Bull Put Spread: A Strategy for Profiting from Moderate Price Increases
Bull Put Spreads Explained
Implementing Bull Put Spreads in Interactive Brokers
Bear Put Spread: A Strategy for Profiting from Moderate Price Declines
The Bear Put Spread Option Strategy Explained
Implementing Bear Put Spreads in Interactive Brokers
Bull Put Spreads and Bear Put Spreads Mastery Quiz
Straddles: A Powerful Strategy for Market Volatility or Stability
Straddle Option Strategy Explained
Implementing Straddles in Interactive Brokers
Straddles Quiz: Short & Long
Strangles Explained: Options Strategies for Volatility and Range Trading
Strangle Option Strategy Explained
Strangles Quiz: Short & Long
Butterfly Spreads Explained: Low-Cost Strategies for Neutral and Volatile Markets
Butterfly Spreads Quiz: Long & Short
Condor Spreads Explained: Options Strategies for Neutral and Volatile Market Outlooks
Condor Spreads Quiz: Long & Short
Calendar Spreads Explained: Strategies for Timing Volatility with Long and Short Calls
Calendar Spreads Quiz: Long & Short
Delta Hedging Explained: Managing Risk in Options Trading
Delta Hedging Explained
FREE PREVIEWDelta Hedging Quiz
Basis Risk Explained: A Key Concept in Hedging
Basis Risk Explained Simply
Basis Risk Quiz
Course Conclusion
Enroll now to lock in this pricing — all future updates included.
Become an options & derivatives expert
50+ High Quality Lessons
Downloadable Templates, Excel Files, and PDFs
Lifetime Access on Any Device
CFA, FRM
Hey there! I'm Ryan, a seasoned finance professional and educator with a Masters in Science in Finance from Texas A&M University and a Masters in Computer and Information Technology from the University of Pennsylvania. With over 8 years of finance experience and having founded my own financial modeling company, I bring a unique blend of financial expertise and practical knowledge to the table. My YouTube channel, boasting 50,000+ subscribers and 180,000+ monthly viewers, is a testament to my engaging teaching style and ability to simplify complex trading concepts. Through this course, I'm excited to help you unlock your full potential in options trading!
Absolutely. The course starts with basic concepts and strategies, making it ideal for beginners. As we progress, more advanced topics are introduced, ensuring a comprehensive learning path. Prior knowledge of options is helpful but not required.
You'll need a computer with internet access and an Interactive Brokers account to use the paper trading feature. No real money is required as all trading exercises are conducted in a simulated environment. Microsoft Excel would be helpful to follow along with some examples.
Once enrolled, you have lifetime access to the course materials. This includes all updates and additional resources added over time, allowing you to revisit and refresh your knowledge whenever needed.
Yes, the strategies taught are applicable in real-world trading. However, we recommend starting with our paper trading exercises to build confidence and understanding before using real money.
Yes! All the Excel files, PDFs, and templates are available for download.