Options Basics This class starts with the most basic concepts about options what option contracts are, what it means to buy and sell one, how and when you might want to exercise one, and what happens during the exercise settlement process. From pure option theory to a brief introduction to the mechanics of the options marketplace, this class can provide you the foundation you need for using options in your portfolio. Contract Adjustments This class explains the ins and outs of stock splits, mergers, and other adjustments that affect an option contract. You will learn the types of adjustments, what the typical effects are, and where to find pertinent information. You will see that many times when the price of an option looks too good to be true it often means an adjustment has occurred and the contract deliverables have changed. Covered Calls Beyond the simple purchase of calls or puts, the covered call is perhaps the most common option strategy implemented by option investors, and therefore should be understood. Generally considered a conservative strategy, its objective is to increase an investor’s income from stock ownership. An investor’s use of the covered call should reflect a stock opinion that is mildly bullish, or at the very least neutral. This class provides an in depth review of the covered call strategy. Charts, graphs and quizzes are used to reinforce key concepts. Options Pricing The goal of this class is to help you achieve realistic expectations about how an option position is likely to behave under various conditions. Though their predictive value has limits, the key components of theoretical options pricing still offer an excellent tool for helping investors anticipate price movements and explain price relationships between options. There are quizzes throughout the material to help reinforce key concepts. Symbols and Quotes This class gives an overview of the mechanics and methodology of options symbols and how to read options quotes. You will learn why there are exceptions to the methodology. There will be quizzes throughout the material to help reinforce key concepts.