Synthetics, Volatility and Trading Options for Income
Many traders think 'income trading' is simple. Sell options and forget about the trade. Others contend that one can adjust their way out of any bad trade that is out there. Basically, there are a lot of traders that are under the impression that 'income trading' is easy.
The truth is that is extremely difficult to do well. Most traders end up not making money some cant make money from day one, others make money for a while and then get 'clipped' all at once, finally some traders put on good trades and then constantly tinker creating trades with little return given the time.
In this two hour crash course Mark Sebastian, founder of Option Pit LLC and Chief Investment Officer of Karman Line Capital will discuss the all the facets that traders need to understand in order to put themselves in a position to succeed. Mark will cover:
- The power of synthetic relationships
- Will discuss volatility and how it should form positions
- Proper trading entry a for condors and butterflies with weekly and monthly options
- Tricks to managing risk and adjusting flies and condors
- And, if there is time, Trading VIX, VXX and other volatility ETN's
Traders will leave with a clear understanding of what they need to know to become a successful income trader and a few tricks of the trade that will produce actionable trades and immediate results in their bottom line.
Mark will also give away access to the Option Pit website to a few lucky attendees for as much as 6 months.
Mark Sebastian is a former member of both the Chicago Board Options Exchange and the American Stock Exchange. Along with founding Option Pit Mark is the Chief Investment Officer of Karman Line Capital. He is the author of the popular trading manual "The Option Traders Hedge fund." He is a frequent guest on CNBC, Fox Business News, Bloomberg, BNN, Sky News and hosts the show Track the Trade on CBOETV. Sebastian has been published nationally on Yahoo Finance, quoted in the Wall Street Journal, The Economist, Reuters, and Bloomberg and is a senior derivatives writer for The Street’s Real Money Pro. Mark has spoken for The Options Industry Council, the CBOE, the ISE, The CME, and is a co-host on the popular Option Block Podcast and Volatility Views podcast.
Mark has a Bachelor’s in Science from Villanova University.