SpotGamma Academy

The Junior Trader course will equip you with the skills to:

• Analyze profit profiles of call and put options
• Comprehend the variables influencing options prices
• Differentiate between intrinsic value and time value
• Read an options chain, comparing pricing across various strikes and maturities

What abilities will I acquire from this course? Upon completion of the course, you, as a Junior Trader, will possess the capability to leverage capital through the buying and selling of individual options. Your proficiency will extend to assessing breakevens and relative premiums to determine the most suitable option for trading using an options chain. Additionally, you will be adept at utilizing SpotGamma key levels to guide trade timing.

In the Senior Trader course, you will learn to:

• Evaluate the significance of each key Greek in risk management
• Recognize the impact of market makers on stock price movement through Delta hedging
• Differentiate between realized and implied volatility and their associated Greeks
• Apply multi-dimensional scenarios to project the path of an option’s value based on spot price, time, and volatility

What skills will I graduate from this course with? As a Senior Trader, you will have the capacity to structure option positions aligned with a stock thesis, taking the Greeks into account. Your skills will extend to quantifying the risk-reward of options positions for all potential scenarios, using volatility analytics and leveraging SpotGamma EquityHub individual stock metrics for informed decision-making.

The Portfolio Manager course will instruct you on:

• Interpreting the term structure’s shape
• Understanding forward implied volatility and its relevance to VIX futures
• Assessing volatility skew and its implications for tail risk in a specific asset
• Grasping second-order Greeks such as Vanna and Charm and their impact on markets due to dealer positioning
• Implementing new trading strategies, including spreads, ratios, and butterflies
• Trading volatility and skew via straddles and collars
• Identifying and trading gamma squeezes before and after they occur

What skills will I graduate from this course with? As a Portfolio Manager, you will have the ability to construct various options positions with well-defined risk and a comprehensive understanding of the volatility surface. Your expertise will extend to creating complex portfolios by trading multiple maturities and strike levels, utilizing SpotGamma individual stock scanners for generating ideas and structuring intricate trades, such as calendar spreads.

This course aims to assist you in determining the optimal trading strategy to align with your stock views, tailoring the Greek profile to your preferences. It does so by using key gamma levels to identify entries, strikes, and potential expiry pins, enabling you to select trades that can maximize profit potential.