Range Bound Strategies
(Course 2)

Wayne Gorman

By Rob... on Feb 27, 2020

– Course 2. Strategies

EWI’s On-Demand Options Trading Course …

How to Use the Principle to Improve Your Options Trading Strategies

Course 2: Strategies

This exciting course is the second of a multi-part series of options trading courses that will teach you how you can use the Principle to improve your options trading. (Note: The first options trading course is not a prerequisite for this options trading course.)

EWI Senior Tutorial Instructor walks you through real-life market examples to show you how Elliott wave and options strategies combine to form a formidable team to help improve your trading.

In this online trading course, we will look at certain “wing spread” and “income-generating” strategies that take advantage of sideways markets with low volatility. These strategies include:

  • Covered Put/Call
  • Bear Call Spread
  • Bull Put Spread
  • Long Butterfly
  • Long Condor

Here’s what you’ll learn for each of the option strategies mentioned above

  • Which wave function, actionary (main trend) or reactionary (countertrend), serves as the optimal context
  • Which wave structure, i.e. zigzag, flat, triangle or combination provides the best opportunity for a successful trade, and which ones do not
  • Which wave position, i.e. 2nd wave, 4th wave or B wave, is the optimal market situation
  • Does the strategy work better at a relatively higher degree or lower degree
  • How to apply Elliott’s rules and guidelines, including Fibonacci ratios
  • How to anticipate sideways markets and the type of wave structure that may unfold
  • Where to set entry, price target and exit levels
  • How to better determine whether to hold the position until expiration
  • How to maximize potential profit and yield, and minimize potential loss to achieve 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
  • 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.

Please note: You should have a working knowledge of options trading and Elliott wave before viewing this options trading course.

Wayne Gorman – Range Bound Strategies (Course 2), Range Bound Strategies (Course 2), Wayne Gorman.

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