Options Trading: Strategy, Execution & Portfolio Protection

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Options Trading: Strategy, Execution & Portfolio Protection

Instructor: Wiley Skills Network

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5 modules

Gain insight into a topic and learn the fundamentals.

Intermediate level

Recommended experience

5 hours to complete

Flexible schedule

Learn at your own pace

5 modules

Gain insight into a topic and learn the fundamentals.

Intermediate level

Recommended experience

5 hours to complete

Flexible schedule

Learn at your own pace

What you'll learn

Design and execute personalized options trading plans effectively.
Apply risk management techniques to protect investment portfolios.
Differentiate and utilize various option styles for strategic advantage.

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There are 5 modules in this course

This course teaches practical skills in designing and executing options trading strategies, emphasizing the importance of protecting investments and managing risk. Participants learn to build comprehensive trading plans that integrate strategy, execution, and portfolio safeguards.

Learners improve their capabilities by practicing trade planning, understanding different option styles, and applying risk management techniques. Exercises and scenario-based learning enable participants to make informed trading decisions confidently. What sets this course apart is its focus on translating theory into actionable strategies through real-world applications. Structured quizzes and examples reinforce practical execution while highlighting cost management and order nuances. This course benefits aspiring traders and finance professionals seeking to strengthen strategy design and portfolio protection skills. No prior trading experience is required, though familiarity with basic investing concepts is helpful. This course is part two of a three-course Specialization designed to provide a comprehensive learning pathway in this subject area. While it delivers standalone value and practical skills, learners seeking a more integrated and in-depth progression may benefit from completing the full Specialization. This Specialization is based on the book Options Trading For Dummies, by Joe Duarte. From Options Trading For Dummies Copyright © 2026 by John Wiley & Sons, Inc. All rights reserved, including rights for text and data mining and training of artificial technologies or similar technologies. Used by arrangement with John Wiley & Sons, Inc.

This module guides learners through the essential practice techniques for options trading, including paper trading, understanding volatility and option Greeks, and backtesting strategies with risk management. By simulating trades and analyzing historical data, learners will develop the skills needed to refine their trading approaches and build long-term consistency.

What's included

1 video7 readings1 assignment

1 videoTotal 1 minute

Overview1 minute

7 readingsTotal 38 minutes

Introduction6 minutes
Changing volatility and option prices5 minutes
Making Sense of Paper Trading5 minutes
Performing a backtest7 minutes
Adding risk management to a backtest5 minutes
Setting the right pace5 minutes
Achieving mastery through longevity5 minutes

1 assignmentTotal 16 minutes

Mastering Trading Strategies and Risk Control16 minutes

This module guides learners through building a structured options trading plan, emphasizing account setup, income targeting, cost management, and effective order execution. Participants will gain practical skills to manage trading as a business and optimize both entry and exit strategies for options positions.

What's included

1 video7 readings1 assignment

1 videoTotal 1 minute

Overview1 minute

7 readingsTotal 39 minutes

Introduction5 minutes
Getting Granular: Setting Up Accounts and Getting Paid4 minutes
Managing Your Costs5 minutes
Optimizing Order Execution10 minutes
Entering a new position5 minutes
Executing a quality trade5 minutes
Exiting an existing position5 minutes

1 assignmentTotal 16 minutes

Mastering Trading Plan Fundamentals16 minutes

This module introduces the mechanics of different option exercise styles, risk management strategies, and the nuances of index options. Learners will discover how expiration and assignment work, and how to make informed decisions when trading or managing option positions. Practical scenarios and exceptions are explored to help you navigate real-world trading situations.

What's included

1 video7 readings1 assignment

1 videoTotal 1 minute

Overview1 minute

7 readingsTotal 44 minutes

Introduction8 minutes
Capitalizing on an index with options5 minutes
Watching Out for Style Risk5 minutes
Considering the exceptions6 minutes
To exercise or not, that is the question5 minutes
Satisfying Option Obligations5 minutes
Expiring options10 minutes

1 assignmentTotal 16 minutes

Exploring Option Styles and Index Volatility16 minutes

This module introduces key options strategies for hedging stock portfolios, including the use of puts and calls to manage risk. Learners will analyze the trade-offs between protection cost and time horizon, and understand how corporate actions can impact adjusted options. Practical examples and risk management techniques are emphasized throughout.

What's included

1 video7 readings1 assignment

1 videoTotal 1 minute

Overview1 minute

7 readingsTotal 44 minutes

Introduction4 minutes
Combining puts with long stock9 minutes
Weighing protection cost versus time5 minutes
Limiting Short Stock Risk with Calls5 minutes
Hedging Your Bets with Options9 minutes
Protecting a portfolio … completely5 minutes
Avoiding Adjusted Option Risk7 minutes

1 assignmentTotal 16 minutes

Options and Portfolio Protection Fundamentals16 minutes

This module introduces strategies for managing risk and increasing profit potential using options trading. Learners will explore how to determine total dollars at risk, analyze trade setups, and combine options to hedge positions effectively. Practical examples illustrate how professional traders use spreads and hedging techniques to optimize returns and minimize losses.

What's included

1 video5 readings1 assignment

Instructor

Wiley Skills Network

John Wiley & Sons

175 Courses15,275 learners

Offered by

John Wiley & Sons

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Frequently asked questions

To access course materials, assignments, and earn a Certificate, you'll need to purchase the Certificate experience when you enroll in a course. Eligible learners may also have the option to start with a Free Trial. Some courses may also offer a Full Course, No Certificate option. This lets you access course materials, submit required assessments, and receive a final grade, but you won't be able to earn or purchase a Certificate.

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