This article will explore the 10 best Options Trading courses.
Options trading is an investment that allows traders to see quick and effective results with limited assets.
Options trading requires a low upfront financial commitment compared to regular stock trading, and there is the potential for high returns on investment.
However, trading options also come with their fair share of risks. Increased risk and unlimited financial losses are just some points you need to consider before starting with options hedging.
We recommend you consider the benefits and risks of options trading before making any financial decisions. Any investment has risks, which also holds for options trading.
List of the 10 Best Professional Options Trading Courses
Below is a list of the 10 best professional option trading courses
#1. Options Trading for Beginners – Udemy
Udemy’s Options Trading for Beginners is aimed at individuals looking to learn the basics of trading options to enhance their portfolios.
It’s taught by a professional options trader and takes just 2 hours to complete. The only course on our list encourages traders to open a brokerage account while following along with the class.
To complete this guideline, you must be at least 18 years old and a citizen of the United States. Course topics include opening a brokerage account, the math behind selling options, and live trade examples.
#2. Trading for Beginners – Investopedia Academy
The Investopedia Academy course “Trading for Beginners” stands out from other courses on this list for its hands-on approach of blending fifty lessons with video exercises.
The course is designed for beginner traders/investors and introduces newbies to the fundamental practices and concepts of all types of trading, including options trading.
It’s taught by an executive and instructor from the Van Tharp Institute, an educational and training firm for traders and investors.
Specific topics covered include trading rules, market types, and trading for hobbies and business.
The course does not require prerequisites; it is self-paced and comes with a certificate of completion.
#3. Options Trading Course – Bullish Bears
Bullish Bears’ Options Trading Course is one of the most options-focused courses on this list.
Unlike other courses that fold options into a broader course, options trading is the single focus of this course.
It starts with the basics of options trading and finishes with how to read an options chain. A unique part of taking this course is opportunities for out-of-class networking and learning with other Bullish Bear students.
#4. The Complete Foundation Stock Trading Course – Udemy
The Udemy Complete Foundation Stock Trading course casts a wide net on how the stock market functions.
Trading options is just one piece of this course, which also looks at trading psychology, the history of the stock market, and the basics of money management.
This course is taught by the founder of an online trading company and designed for newbies through intermediate market participants.
No prerequisites are needed. It’s the broadest course on the list regarding topics covered and takes 9 and a half hours to complete.
Course videos offer subtitles in 10 languages, and additional course materials include a bonus lecture and downloadable resources.
#5. Options Trading for Rookies (Part i-iii): Understand Options Completely – Udemy
With less than 3 hours’ commitment, Udemy’s Options Trading for Rookies (Part i): Understand Options Completely is an easy way to learn the foundations of options trading.
The course is taught by an options trader whose goals are to teach options basics, how to trade options for income, and successful options trading strategies.
Specific concepts covered include strike prices, trading verticals, and the difference between calls and puts. This $124.99 course is part 1 of a 3-part options trading series.
#6. Investment and Portfolio Management Specialization – Coursera
Investment and Portfolio Management Specialization is offered by Rice University’s Jones Graduate School of Business in Houston, Texas.
There are 4 courses included in this specialized program: Biases and Portfolio Selection, Global Financial Markets and Instruments, Portfolio Selection and Risk Management, Investment Strategies, and Portfolio Analysis.
The courses follow a 5-week, hands-on capstone project where students develop and manage their simulated investment portfolio.
Of all the courses on this list, the Investment and Portfolio Management Specialization is one of the most academic in style.
It offers an opportunity for personalized feedback from instructors. Most learners take 4 hours a week over 6 months to complete the program.
#7. Complete Guide to Stock Options for Beginners – Skillshare
Complete Guide to Stock Options for Beginners is one of the shortest courses. In just 1 hour, you will learn how options work.
This beginner-friendly course is taught by a trader and an active YouTuber who welcomes student interaction through his social media platforms, including a stock trading group on Discord.
Topics in this course include the Greeks, options strategies, and the dangers of trading options.
#8. Professional Options Trader – Online Trading Academy
With a combination of in-person and online classes, the 68-hour Professional Options Trader course from the Online Trading Academy is the most hybrid teaching style on our list.
It’s also the most expensive at $5,500, but you can check it out with a free 1-hour online introductory class before committing.
The course blends a rule-based approach to trading options with live market strategy sessions and interactive lab exercises.
While no experience is required, organizers recommend newbies watch their Online Student Orientation, Core Strategy, and Option pre-essential videos first.
There are 40 Online Trading Academy centers worldwide to complete the five-day, in-person portion of the course.
If you’re not near one of them, be sure to factor travel expenses into your class budget.
#9. Small Account Secrets – Simpler Trading
Unlike many courses on this list for options trading newbies, Small Account Secrets on Simpler Trading is geared towards traders with some experience.
Although no prerequisites are required, this program is a deep dive into current market conditions.
Its goal is to teach new traders with smaller accounts how to generate growth and create a good income.
Small Account Secrets is conducted by the founder of Simpler Trading, a community of experienced investors that provides educational resources for upcoming traders.
#10. Beginning Options Trading – Learn How to Profit with Options – Skillshare
To feel comfortable in Skillshare’s Beginning Options Trading – Learn How to Profit with Options trading course, you don’t even have to know an option.
This course is aimed at beginners with no prior knowledge of trading options. The instructor has trading options experience both for a home trader and a large investment bank.
Topics covered include diversifying your portfolio, trading strategies, and market trends. This course is one of the shortest and potentially inexpensive on our list, and it takes less than two hours to complete so that you can finish it before your 7-day free trial on Skillshare ends.
The Best Way to Learn Options Trading
You can learn about options trading through online resources like YouTube, where you can find thousands of videos.
However, a significant part of learning options trading comes from watching professional traders and experts do their thing daily and benefiting from their analysis and commentary.
FAQ
Which Options Trading Course is Best?
The Investopedia Academy course “Trading for Beginners” stands out from other courses on this list for its hands-on approach of blending fifty lessons with video exercises.
The course is designed for beginner traders/investors and introduces learners to the fundamental practices and concepts of all types of trading, including options trading.
How do I Become a Better Options Trader?
Like any business, becoming a successful options trader requires a specific personality type, skill set, and attitude.
- You need to be able to manage risk
- You must be good with numbers
- It would be best if you had the discipline
- It would help if you had a patient
- You must develop a trading skill
- Be able to interpret the news
- You must be an active listener
- You must be flexible.
Is it Worth it to Learn Options Trading?
Options are a great way to hedge your portfolio and capitalize on short-term price movements.
Can you Become a Millionaire Trading Options?
Options trading allows you to reap the same benefits as a commodity trade or an outright stock, but with less risk and less cash on the line.
Investors can achieve everything with options that you would with commodities or stock at a lesser cost while gaining a much higher profit return on your invested dollars.
Is Options Trading Easy?
Options can be less risky for investors/traders because they require less financial commitment than equities.
Who is the Richest Options Trader?
Dan Zanger holds a record for his trading one-year stock market portfolio appreciation, gaining more than 29,000%. In under 2 years, he turned $10,775 into $18 million.
What is an Options Trader’s Salary?
On average, traders can expect to make over $80,000 annually.
Can you Make a Living Off Options Trading?
yes, you can make a living off options trading and even a higher possibility of making a fortune.
However, trading options involve a vast capital risk, and one needs to get more knowledge and do proper research on managing funds to avoid losing money.
Is Options Trading Just Gambling?
There’s a common misconception that options trading is gambling, and I would firmly stand against that opinion.
If you know how to trade options or can learn from an expert in options trading, you will understand that options trading isn’t gambling but a way to reduce your risk.
What is the Most Successful Options Strategy?
“Sell out-of-the-money put and call options” is the most successful options strategy. This strategy has a high probability of profit, and you can use credit spreads to reduce risk.
Watch the video below to know the best option trading courses:
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