Elliottwave – How to Use the Elliott Wave Principle to Improve Your Options Trading Strategies Course 3 Volatility Strategies

Learn how to anticipate and take advantage of highly volatile market situations using Elliott wave analysis combined with long straddles, long strangles and other related options strategies.

Format: On-Demand Course | 2 hours
Instructor: Wayne Gorman
Level: Intermediate

Build a strategy to capitalize on volatility

This exciting course is the third of a multi-part series of options trading courses that will teach you how you can use the Elliott Wave Principle to improve your options trading. (Note: Part One on Vertical Spreads and Part Two on Range Bound Strategies are not prerequisites for this course.)

Senior Tutorial Instructor Wayne Gorman walks you through key option strategies designed to help capitalize when markets are at their most volatile. You’ll see exactly how the strategies work and learn how to apply them to your own trading. These strategies include:

Long Straddle
Long Strangle
Strips
Straps

Here’s what you’ll learn:

Which waves provide the best opportunities for a successful trade
Which time frames work best with each options trading strategy
How to apply Elliott wave rules and guidelines, including Fibonacci ratios
How to anticipate volatile market situations and the type of wave structure to expect
Where and how to set entry, price target and exit levels
How to better determine whether or not to hold the position until expiration
How to achieve the optimum risk/reward ratio
When to exit your entire position versus just one side of it

How to fine tune strike prices and expiration dates