Tuesday, May 26, 2009

Options Trading Webinar May 28

Options Trading Tactics
5 Options Strategies Every Elliott Wave Trader Should Know

Senior Tutorial Instructor Wayne Gorman wraps up his popular Options Trading Course Series on Thursday, May 28, with the grand finale.

Wayne distills his months of intensive research and years of Elliott wave options trading experience into an hour you don't want to miss!

In this LIVE, online trading course, Wayne will show you how to combine the Wave Principle and a few specific options trading strategies so that you can turn challenging market situations into welcome opportunities.

Wayne will teach you how to use options to minimize your risk and maximize your potential reward when — not if, when — you encounter the following market situations:

* Corrections that move violently up and down
* Trending markets that suddenly end with a major reversal
* Sideways markets like triangles that use up a lot of time
* Countertrend moves that quickly morph back into the main trend
* Trending markets with multiple "shakeout" moves

Wayne will walk you step-by-step through real-world examples of these situations, teaching you the following for each:

* What's the best options strategy to use and why
* Which wave position, i.e. wave 1 or wave B, best fits the strategy
* Which options strategies work best, for either a larger or smaller time frame
* How to apply Elliott's rules and guidelines, including Fibonacci ratios
* How to anticipate the above mentioned market situations and the type of wave structure that may unfold under each of those circumstances
* Where to set entry, price target and exit levels
* How to set up your strategy for the optimum risk/reward ratio
* How to fine tune strike prices and expiration dates
* What type of wave structure should precede your entry point and why
* When to consider exiting your entire position versus just one side of it
* And more…

To help make sure you get the most out of the entire options trading course, you'll also receive access to the Online Q&A Forum. You can review questions and answers from others and send Wayne your questions regarding the course material.

Click here to reserve your seat for this live, online options trading event taking place May 28 at 9:00 PM Eastern time.