The Simpler way to trade options
In this brief training, Danielle Shay, VP of Options at Simpler Trading will help you master the basics of options trading and learn about the options foundations, trading setups and strategies, call and put options, and the psychology of trading.
You also now have access to The Simpler Free Trading Room.
If options trading is worth it
How to watch charts effectively
The fundamentals of options
When to use call and put options (and how to trade each)
The key to momentum, volume, direction, and trend
Danielle’s base setup (and her favorite tools)
During this section Danielle explains why and how to trade options, outlines a plan for options traders, and the top 5 elements of a successful trade.
In this section you’ll learn about: options buyers vs options sellers, long calls and long puts vs short calls and short puts, options Greeks, options decay, and the options chain.
In this section you’ll learn about trading setups, featuring Simpler’s flagship directional setups, the Squeeze, which details how it works and how to use it. Danielle also covers additional factors she watches including momentum, volume, direction, and the trend, with corresponding tools.
In this section you’ll learn all about options trading strategies: directional vs neutral strategies and their examples like debit and credit spreads, iron condors, iron flies, and butterflies.
During this section Danielle covers call and put options strategies in detail: the link between stock trading and options trading, the advantages and disadvantages of buying long options, and the concept of buying in the money with examples.
In this section you’ll learn about debit spreads: how to buy debit spreads in the money, and what are the advantages and disadvantages of debit spreads, explained with a GOOGL trade example.
During this section Danielle covers the concept of put credit spreads, the advantages and disadvantages of selling in the money put credit spreads, and practical applications of the strategy explained with an AMZN trade example.
During this section Danielle covers one of her favorit eoptions trading strategies – butterflies. You’ll learn what a bullish call butterfly is, the top applications of this strategy, all explained with a BYND trade example.
In this section you’ll learn about the key components needed to set up an options trade, illustrated with examples of different setups, targets, and goals. Additionally, you’ll learn about time frames and how to pick a time frame that best suits your setup.
During this final section Danielle covers the basics of successful trading discipline which include: having a trading plan and management rules, emotional maturity, and being aware of the risk inherent to trading.
You also now have access to The Simpler Free Trading Room.
Danielle Shay is a self-made trader, market analyst, and expert commentator. She’s a frequent expert guest in the media, on CNBC, Fox News, Nasdaq TradeTalks, Fox Business, Yahoo Finance, Cheddar, StockCharts.com, and more. You can find her story and analysis in her contributing chapters in John Carter’s 3rd Edition of Mastering the Trade. As a momentum trader, her primary focus is identifying relative strength trading setups, and trading them using equity options, stocks, and ETFs. Using her step-by-step, top-down approach, it’s her goal as a former teacher, to help traders go from zero to trading — just like she once did. Her motto is, “If I can do it, you can do it!”.
The information contained on this website is solely for educational purposes, and does not constitute investment advice. The risk of trading in securities markets can be substantial. You must review and agree to our Disclaimers and Terms and Conditions before using this site.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
Individual results may vary, and testimonials are not claimed to represent typical results. All testimonials are by real people, and may not reflect the typical purchaser’s experience, and are not intended to represent or guarantee that anyone will achieve the same or similar results.
Simpler Trading’s Traders and employees will NEVER manage or offer to manage a customer or individual’s options, stocks, currencies, futures, or any financial markets or securities account. If someone claiming to represent or be associated with Simpler Trading solicits you for money or offers to manage your trading account, do not provide any personal information and contact us immediately.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
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