Courses
ODDS Online Coaching
Getting Started
Learn to Navigate the Features of ODDS Online
Charts

Stock Options

Video/Text

Charts

Lesson 2 Chapter 1 Module 1

Previous Lesson
Next Lesson

Course Structure

Getting Started

Learn to Navigate the Features of ODDS Online

Basic Navigation & Strategy Wizard

Not Viewed

In Progress

Not Viewed

Scanning the Market

Not Viewed

Getting Raw Data

Not Viewed

Saving Trades & Creating Watchlists

Not Viewed

Five Quick Paths to a Trade

How to find trade when I Know the Stock & I Know the Strategy

Not Viewed

How to find trade when I Know the Strategy, But I Don't Know the Stock

Not Viewed

How to find trade when I Know the Stock, But I Don't Know the Strategy

Not Viewed

How to find trade when I Don't Know the Stock or the Strategy

Not Viewed

How to find trade when I Know Exactly What I Want

Not Viewed

Helpful Videos

Not Viewed

How does the MDM graph help me find the best price? Part 1

Not Viewed

How does the MDM graph help me find the best price? Part 2 FOV

Not Viewed

Join the Live Coaching Session at 2 pm ET When the Market is Open

Join the Live Coaching Session

Held At 2pm ET Daily When The Market Is Open

Not Viewed

Need Help Joining the Live Session?

Webex Help & Tutorial

Not Viewed

Video Instruction For Entering Webex Meeting Using Windows

Not Viewed

Video Instruction For Entering Webex Meeting Using Mac

Not Viewed

Video Instruction For Entering Webex Meeting Using IOS Devices

Not Viewed

2021 Recorded Coaching Sessions

January

1/4/21 First New Trade of the Year Evaluation

Not Viewed

1/5/21 Review of 2020 trades.

Not Viewed

1/6/21 The Process I Use to Find High Probability Credit Spreads.

Not Viewed

1/7/21 Comparing Short Put and Credit Spreads as Income Strategies

Not Viewed

1/8/21 Evaluating a call trade

Not Viewed

1/11/21 My process for finding straddle trades

Not Viewed

1/12/21 New trade evaluations

Not Viewed

1/13/21 New Credit Spread and Review open trades

Not Viewed

1/14/21 Searching Highest Probability Trades in ODDS Online

Not Viewed

1/15/21 Evaluating NIO for a Straddle Trade

Not Viewed

1/19/21 When do you exit? (multiple strategies)

Not Viewed

1/20/21 When you see something unusual "Ask Why? Before You Try!" to exploit it.

Not Viewed

1/21/21 Index Credit Spread Evaluation

Not Viewed

1/22/21 Credit Spread Exit

Not Viewed

1/25/21 New Credit Spread & Why might we exit early this week?

Not Viewed

1/26/21 Why exit credit spreads and not straddles before FOMC meeting?

Not Viewed

1/27/21 Evaluating Credit Spreads

Not Viewed

1/28/21 What is the MOST important thing?

Not Viewed

1/29/21 Timing Volatility for Credit Spreads

Not Viewed

February

2/1/21 What is implied borrow rate?

Not Viewed

2/2/21 Evaluating Call & Put trades

Not Viewed

2/3/21 How do you exit trades gracefully on expiration?

Not Viewed

2/4/21 Quick rule for credit spread entry price

Not Viewed

2/5/20 What do you do when prices move overnight?

Not Viewed

2/8/21 How do you find Straddle trades?

Not Viewed

2/9/21 Implied Volatility & Credit Spreads

Not Viewed

2/10/21 How do you analyze Iron Condors?

Not Viewed

2/11/21 Evaluating an Index Credit Spread

Not Viewed

2/12/21 When should you use in-the-money debit spreads?

Not Viewed

2/16/21 How can you find stocks that are being heavily shorted in ODDS online?

Not Viewed

2/17/21 Evaluating a Credit Spread

Not Viewed

2/18/21 How do Risk Free Trades Work?

Not Viewed

2/19/21 Straddle rules, Old and New

Not Viewed

2/22/21 Why would I take a low probability trade?

Not Viewed

2/23/21 How to adjust a credit spread when it moves overnight?

Not Viewed

2/24/21 How do you use the Strategy Wizard to find trades based on your future expectations?

Not Viewed

2/26/21 How to you handle credit spreads when the stock moves against your position?

Not Viewed

March

3/1/21 How do you analyze a call trade?

Not Viewed

Downloads

ODDS Coaching Trade Journal

Not Viewed

Combining Hedge Fund Straddles & Ask/Value Decile 1 Scans

Not Viewed

Combining Ask/Value Decile 10 & Volatility Percentile Scans

Not Viewed

Trade Plan Template

Not Viewed

What Are Options Free Probability Calculator

Not Viewed

Links

Anticipating Uncertainty: Straddles Around Earnings Announcements

Not Viewed

2020 Recorded Coaching Sessions (Archives)

January

1/7/20 Selecting Credit Spread Expiration dates and when is the best time to enter

Not Viewed

1/14/20 What if prices change from last night to the open? Straddle homework

Not Viewed

1/21/20 Parity & Risk Free Trades, Stocks to Avoid

Not Viewed

1/28/20 Credit Spreads & Selling Strategies, Don Comments On Market Fragility

Not Viewed

February

2/4/20 Finding good trades is more important than finding a trade

Not Viewed

2/11/20 Why TSLA was so expensive but you couldn't find a selling strategy to use.

Not Viewed

2-18-20 Process for Buying Calls and discussion about when Covered Calls work

Not Viewed

2/25/20 Process for Iron Condors/Butterfly's and Discussion about moving from technical analysis on stock to options trading

Not Viewed

March (Started Daily Coaching Sessions to Help During The Pandemic)

3/3/20 Why not Puts right now? Debit Spread Process

Not Viewed

3/10/20 Why are deciles small in wild market? What do I need to know about exit?

Not Viewed

3/16/20 Introduction

Not Viewed

3/17/20 Stress testing Credit spreads & a visit from Don

Not Viewed

3/18/20 Comparing Strategies in ODDS Online, Call Credit Spread & Buy Put

Not Viewed

3/19/20 Put Credit Spreads vs Call Credit Spreads

Not Viewed

3/20/20 Exiting your Options Trades Which Way Is Best

Not Viewed

3/24/20 Finding Credit Spreads and stress testing them

Not Viewed

3/25/20 Finding credit spreads and Introducing new beta feature Volatility Maps

Not Viewed

3/27/20 Discussed Liquidity, Adjusting Credit Spreads, & Leveraged Directional Trades

Not Viewed

3/30/20 covered leaps, and questions for you

Not Viewed

3/31/20 Strategy Wizard for Credit Spreads

Not Viewed

April

4/1/20 Exiting trades that move against you, and Finding new Credit Spread Trades

Not Viewed

4/2/20 Abnormal Probability Where Does it Come From? & Credit Spreads Vince's Way

Not Viewed

4/3/20 Credit Spreads and Stress Testing

Not Viewed

4/6/20 Credit Spreads and using the Profit/Loss Graph, Thank you for the help Pat!

Not Viewed

4/7/20 Why Put Credit Spreads not Calls?

Not Viewed

4/8/20 Credit Spreads & Expected Return

Not Viewed

4/9/20 When to Buy Options When to Sell them

Not Viewed

4/13/20 Using the Class Trade Journal & Assignment Risk Selling Credit Spreads

Not Viewed

4/14/20 Term Structure & Expiration Dates

Not Viewed

4/15/20 Let Implied Volatility Tell You What to Trade & When

Not Viewed

4/16/20 Thinking for Non-Directional Options Strategies, Why Sell Puts Not Calls

Not Viewed

4/17/20 Using the Strategy Wizard for Credit Spreads

Not Viewed

4/20/20 How to manage exercise risk in a credit spread

Not Viewed

4/21/20 How do you decide to adjust a credit spread when the market moves

Not Viewed

4/22/20 How to select the right strike in a credit spread & How to submit homework

Not Viewed

4/23/20 How to handle overlapping credit spreads & Option Pain Graph

Not Viewed

4/24/20 Volatility Cones & Term Structure graphs, Diagonal Credit Spreads

Not Viewed

4/27/20 Term Structure Change in SPY & the reason why straddles are not the right strategy for high volatility markets

Not Viewed

4/28/20 How does the historical profit/loss graph & HRH work?

Not Viewed

4/29/20 Open Interest in the filters & Negative FOV

Not Viewed

4/30/20 Expected Return

Not Viewed

May

5/1/20 Credit Spread Exit & Defending a Trade That Moves Against You

Not Viewed

5/4/20 Which implied volatility do you use for probability and what target price?https://vimeo.com/415254824

Not Viewed

5/5/20 Reading the mind of the market to select the right strategy at the right time

Not Viewed

5/6/20 Another High Volatility Strategy Debit Spreads

Not Viewed

5/7/20 Using & Understanding FOV and FOViv

Not Viewed

5/8/20 Weekend Effect and Market's Reaction to News

Not Viewed

5/11/20 What happens after the options expire?

Not Viewed

5/12/20 What should I know about after hours trading

Not Viewed

5/13/20 Defending a long call trade

Not Viewed

5/14/20 Evaluating Credit Spreads on Stocks

Not Viewed

5/15/20 Find a way to let the probability play out. This is why

Not Viewed

5/18/20 Using FOViv to evaluate your trades

Not Viewed

5/19/20 Evaluating Covered Calls & Short Puts

Not Viewed

5/20/20 Finding Debit Spreads and Understanding Implied Borrow Rate

Not Viewed

5/21/20 Term Structure & Academic Scan For Term Structure Slope

Not Viewed

5/22/20 Custom Term Structure Scanning

Not Viewed

5/26/20 Debit Spreads

Not Viewed

5/27/20 Scanning for Cheap Options on Flat Stocks and Scanning for High Volatility Stocks with Expensive Options

Not Viewed

5/28/20 continued... Scanning High Volatility Stocks

Not Viewed

5/29/20 Your Credit Spreads

Not Viewed

June

6/1/20 What do flags mean and where to I get the list of symbols for sectors in the strategy wizard

Not Viewed

6/2/20 Evaluating Covered Calls, Unusual Trades and Dispersion Trading

Not Viewed

6/3/20 Evaluating Straddle Trades

Not Viewed

6/4/20 How you might use ODDS Online to find a Diagonal Trade

Not Viewed

6/5/20 Strategy Wizard Forecaster

Not Viewed

6/8/20 Using the Profit Loss Graph To Adjust Prices Before Market Opens

Not Viewed

6/9/20 Back testing ability of ODDS Online

Not Viewed

6/10/20 Volatility as Indicator & Defending a Credit Spread

Not Viewed

6/11/20 Why is Volatility Up Today? Adjusting Trades When The Market Makes Big Moves Overnight

Not Viewed

6/12/20 Finding Debit Spreads

Not Viewed

6/15/20 Collars vs Call Debit Spreads

Not Viewed

6/16/20 How would you find a Back Spread trade in ODDS Online?

Not Viewed

6/17/20 Using Dispersion Trading to Win in All Markets

Not Viewed

6/18/20 Evaluating News for Profits

Not Viewed

6/19/20 Does Quadruple Witching Day Really Cause Increased Volatility?

Not Viewed

6/22/20 How Does Information Influence Stock and Options Prices?

Not Viewed

6/23/20 How do I start my daily process for finding a trade?

Not Viewed

6/24/20 New investors are trading options. Why? Because of the Huge Benefits!

Not Viewed

6/25/20 Challenge News Headlines to find the truth before you make investing decisions.

Not Viewed

6/26/20 Exiting Credit Spreads in a Volatile Market

Not Viewed

6/29/20 What is a Black Swan?

Not Viewed

6/30/20 Building a Trade Plan and Defining a Good Trade for You.

Not Viewed

July

7/1/20 Evaluating Trades from Other Sources.

Not Viewed

7/2/20 What Makes ODDS Online So Valuable?

Not Viewed

7/6/20 What is Option Delta & How Can I Make Money With It?

Not Viewed

7/7/20 If you hate to lose, watch this video. Learn how to recover when a high probability index put credit spread loses.

Not Viewed

7/8/20 You're not just beating average professionals. You're beating the elite pros during a crisis.

Not Viewed

7/10/20 Stocks have Personality and Moods. Learning to read the mood can make you money.

Not Viewed

7/13/20 Why is Options Information Better than Stock Information?

Not Viewed

7/14/20 What does a good trade look like?

Not Viewed

7/15/20 Avoiding Outcome Bias

Not Viewed

7/16/20 What is the best way to get filled on class trades?

Not Viewed

7/17/20 Exiting American Style Delivery Settled vs. European Style Cash Settled options

Not Viewed

7/20/20 Earnings Reports and their effect on our favorite options strategies.

Not Viewed

7/21/20 Finding ATM options in strategy wizard.

Not Viewed

7/22/20 Do Bid/Ask Spread Spreads Concern You?

Not Viewed

7/23/20 Straddles vs directional trades.

Not Viewed

7/24/20 My Criteria for Straddles and Call Debit Spreads.

Not Viewed

7/27/20 What are options? What are their benefits?

Not Viewed

7/28/20 What are Call Options? When should I consider them? How do I use ODDS Online to Find Potential Covered Leaps?

Not Viewed

7/29/20 What is a Straddle?

Not Viewed

7/30/20 What is a Put?

Not Viewed

7/31/20 What are Debit Spreads?

Not Viewed

August

8/3/20 What are Vertical Credit Spreads?

Not Viewed

8/4/20 What is a Covered Call?

Not Viewed

8/5/20 How do you exit an option trade?

Not Viewed

8/6/20 Why trade using neutral strategies?

Not Viewed

8/10/20 Implied Volatility is Nearing the 4-Year Average

Not Viewed

8/12/20 Straddle Questions

Not Viewed

8/13/20 Why Should You Understand Volatility?

Not Viewed

8/14/20 What should ODDS Online Be Used For?

Not Viewed

8/18/20 Using VIX & Finding Straddles

Not Viewed

8/19/20 The #1 Challenge for New Options Traders

Not Viewed

8/20/20 Finding Call Trades

Not Viewed

8/21/20 News Article: "Fear Fading" Makes Credit Spreads More Difficult to Find

Not Viewed

8/24/20 Introduction for new students & explanation of Stocks to Avoid

Not Viewed

8/25/20 Submitting Trades for Review Using the Trade Journal

Not Viewed

8/26/20 How do I work up a straddle trade on SPCE.

Not Viewed

8/27/20 Why do we prefer Put Credit Spreads?

Not Viewed

8/28/20 Exiting Credit Spreads & other Options

Not Viewed

8/31/20 How do you know if a straddle is cheap enough?

Not Viewed

September

9/1/20 Are high probability trades "Pie in the Sky?"

Not Viewed

9/2/20 Understanding Gamma (& Delta)

Not Viewed

9/3/20 Using Probability Cones to Roll

Not Viewed

9/4/20 Understanding Skew, & Naked Puts vs Credit Spreads

Not Viewed

9/8/20 How to work with Strategy Wizard when nothing shows up.

Not Viewed

9/9/20 Use ODDS Online to evaluate trades from other sources.

Not Viewed

9/10/20 Learn to Read the Mind of the Market

Not Viewed

9/11/20 Credit Spread Efficiency & Evaluating Strategies With Similar Risk, & Probability

Not Viewed

9/14/20 Adjusting Credit Spreads that have changed in price and probability.

Not Viewed

9/15/20 How to compare strategies while balancing risk, probability with reward potential.

Not Viewed

9/16/20 Using the Ask/Value Scan to find stocks with Cheap or Expensive Options

Not Viewed

9/17/20 How do you find a straddle trade?

Not Viewed

9/18/20 Steps for Finding a Credit Spread

Not Viewed

9/21/20 Process for finding Short Puts.

Not Viewed

9/22/20 Diversifying Credit Spreads and Rolling Options to Take Profits

Not Viewed

9/23/20 Using Probability Cones & Butterfly Spreads

Not Viewed

9/24/20 How do I use the Hedge Fund, Ask/Value lists from the community.

Not Viewed

9/25/20 Scanning Option Volume, and Risk/Margin on Short Puts.

Not Viewed

9/28/20 Volatility Expectations

Not Viewed

9/29/20 Straddle Exit & Hedge Fund Straddle Criteria

Not Viewed

9/30/20 How do you choose a trade when you have more than one good option?

Not Viewed

October

10/1/20 Stocks to Avoid & What can I do with a negative expected return?

Not Viewed

10/2/20 Dealing with changes in data from the time of research to the time of execution.

Not Viewed

10/5/20 Is AAPL a good straddle candidate? How do you use FOViv?

Not Viewed

10/6/20 Buying Straddles

Not Viewed

10/7/20 Option Valuation

Not Viewed

10/8/20 More on Valuation

Not Viewed

10/9/20 What's wrong with a TNDM straddle?

Not Viewed

10/12/20 Buying Stock vs Synthetic Position

Not Viewed

10/13/20 Iron Condors & Debit Spreads

Not Viewed

10/14/20 Straddle review on JPM

Not Viewed

10/16/20 Iron Condors and Trade Exits

Not Viewed

10/19/20 SPY Term Structure

Not Viewed

10/20/20 Event Risk

Not Viewed

10/21/20 Event Risk Continued

Not Viewed

10/22/20 Straddle Case Study: Example of a compelling reason to take a trade

Not Viewed

10/23/20 How much do I need to trade for a living?

Not Viewed

10/26/20 Straddles vs Strangles

Not Viewed

10/28/20 How do you find the right price for a credit spread?

Not Viewed

10/29/20 Election Volatility

Not Viewed

November

11/2/20 How do you determine volatility extremes?

Not Viewed

11/3/20 Straddle questions

Not Viewed

11/4/20 Finding a Call or Put trade using Ask/Value Scan

Not Viewed

11/5/20 How do you deal with price gaps on end of day data?

Not Viewed

11/9/20 Evaluating Credit Spreads

Not Viewed

11/11/20 How do I find options that are cheap in my watch list?

Not Viewed

11/12/20 How do you evaluate a call trade using ODDS Online?

Not Viewed

11/13/20 How to adjust for credit spreads when market moves overnight.

Not Viewed

11/16/20 Evaluating a Straddle on AAP

Not Viewed

11/17/20 Evaluating Submitted Credit Spread Trades.

Not Viewed

11/19/20 Calculating Probability

Not Viewed

11/20/20 Finding calls and puts

Not Viewed

11/23/20 Calculating Expected Return

Not Viewed

11/24/20 What happens to a credit spread when the stock splits?

Not Viewed

11/30/20 Trading Credit Spreads Opportunistically Part 1

Not Viewed

December

12/1/20 Trading Credit Spreads Opportunistically Part 2

Not Viewed

12/2/20 How do you stress test credit spreads?

Not Viewed

12/3/20 Evaluating a Straddle Trade

Not Viewed

12/4/20 Why to we need a big credit when we have a 90% probability?

Not Viewed

12/7/20 Understanding ODDS Online Data

Not Viewed

12/8/20 Strategy Checklists

Not Viewed

12/10/20 How is Borrow Rate Determined & What does Rolling Up mean?

Not Viewed

12/11/20 Finding Bryan's Credit Spread Trade

Not Viewed

12/14/20 Does Volatility Tell Us About Direction?

Not Viewed

12/15/20 How do you set the filters in the strategy wizard?

Not Viewed

12/16/20 Evaluating a credit spread trade

Not Viewed

12/17/20 What is OPI and how to evaluate stock data for straddles?

Not Viewed

12/18/15 Straddle Exit

Not Viewed

12/28/20 Trades Update & allocation question.

Not Viewed

12/29/20 Credit Spread Evaluation.

Not Viewed

12/30/20 What are fundamental reasons to not do a straddle trade? How do you find them?

Not Viewed

12/31/20 Review of 2020 Class Trade Journal

Not Viewed

2019 Recorded Coaching Sessions (Archives)

January

1/8/19 Finding Weeklys and Lots of Questions

Not Viewed

1/15/19 Questions about FOV

Not Viewed

1/22/19 How I find Straddles & Questions

Not Viewed

1/29/19 Probability on Puts and Calls, Questions

Not Viewed

February

2/5/19 Straddles, Volatility and Questions

Not Viewed

2/12/19 Alternative Strategies, New Time for Classes, Forum Announcement

Not Viewed

2/19/19 Early Exercise Questions & New Forum

Not Viewed

2/26/19 VVIX, Straddles, & Questions

Not Viewed

March

3/5/19 Straddle Finding & Market Psychology

Not Viewed

3/12/19 Straddle Finding by Ask/Value Scan

Not Viewed

3/19/19 Finding Straddles

Not Viewed

3/26/19 Exiting a Trade

Not Viewed

April

4/2/19 Implied Borrow Rate & Questions

Not Viewed

4/9/19 Using Term Structure Charts to Select Expirations

Not Viewed

4/16/19 Time Value, Exit Strategy, & FOV IV

Not Viewed

4/23/19 Credit Spreads in a Low Volatility Market

Not Viewed

4/30/19 Don's Visit to Class to Introduce FOV IV

Not Viewed

May

5/7/19 Credit Spreads and Volatility

Not Viewed

5/14/19 Straddle Exit and Credit Spread Entry

Not Viewed

5/21/19 Probability & Debit Spreads

Not Viewed

5/28/19 Straddle Exit

Not Viewed

June

6/4/19 Credit Spreads & MDM Charts

Not Viewed

6/11/19 Credit Spreads & Straddles

Not Viewed

6/18/19 Credit Spreads

Not Viewed

6/25/19 Straddle Breakeven Points & Determining The Best Way to Exit

Not Viewed

July

7/2/19 Implied Volatility, IV Percentile & IV Rank

Not Viewed

7/9/19 Using Options for Earnings Play

Not Viewed

7/16/19 Selecting Straddle Expirations

Not Viewed

7/23/19 Using ODDS Online to figure out the answer to the question, Why?

Not Viewed

7/30/19 Finding a Straddle Process Start to Finish

Not Viewed

August

8/6/19 Finding a Credit Spread Trade

Not Viewed

8/20/19 Balancing Risk, Reward & Probability, Find Out Everything You Can About an Asset Before You Trade It

Not Viewed

8/27/19 Covered Calls and Alternatives

Not Viewed

September

9/3/19 Risk Free Trades

Not Viewed

9/10/19 Implied Borrow Rate & using Strategy Wizard

Not Viewed

9/17/19 When to use Iron Condor credit spreads

Not Viewed

9/24/19 Straddle Exit & Taming Emotions

Not Viewed

October

10/1/19 Having Reasonable Expectations & Using Tools Wisely

Not Viewed

10/8/19 Credit Spreads and What to look for on MDM chart for a credit spread

Not Viewed

10/22/19 Covered Calls and Strategy Wizard Results

Not Viewed

10/29/19 Questions for you and a straddle trade.

Not Viewed

November

11/5/19 Why add Probability Analysis to Your Investing

Not Viewed

11/12/19 How to achieve your investing goals

Not Viewed

11/19/19 Defending Credit Spreads When They Move Against You

Not Viewed

11/26/19 Follow up questions from last week & Finding Straddles

Not Viewed

December

12/3/19 Finding Credit Spread Trades

Not Viewed

12/10/19 Finding Straddles and how to decide about going past earnings

Not Viewed

12/17/19 Developing a Process for finding trades. (Straddles)

Not Viewed

12/31/19 Last class of the year

Not Viewed

2018 Recorded Coaching Sessions (Archives)

November

11/6/18 Covered Calls and Naked Puts

Not Viewed

11/13/18 Straddles & Record Keeping

Not Viewed

11/20/18 Strategy Section & Profit/Loss Graphs

Not Viewed

11/27/18 Time Value & Time Decay

Not Viewed

December

12/4/18 Questions and First Homework Done

Not Viewed

12/11/18 Updates & Balancing Risk, Reward & Probability

Not Viewed

12/18/18 Finding the Sweet Spot with MDM Charts

Not Viewed

Progress

Not started

Instructor

Bryan Strain

Hello,

I'm Bryan Strain. I am the Director of Coaching here at ODDS. Don Fishback has been my mentor for over 2 decades. I will be your coach and instructor for this course. I've been very successful at teaching the ODDS methods of options trading for many years and I hope I can add your name to our list of successful investors. If you have any questions at all please reach out to me by email. My address is bstrain@donfishback.com