Top 7 Options Trading Courses In India | 2023 | LearnApp (2024)

Here’s a quick story of Arindam.

Arindam had been fascinated by the stories of the beautiful lake he stumbled upon while reading a random novel he had picked in his college library.

It was said that lush green forests surrounded the lake, and its clear waters were home to various fish. He had always wanted to see it for himself, and finally, one summer, he decided to set out on a journey to find it.

He packed his bags, filled his car with gas, and set out on the road early in the morning. But as soon as he left his town, he realized the road ahead was not well-marked. There were no signboards or landmarks that he could use to navigate his way to the lake. He soon found himself driving through unfamiliar territory, confused and frustrated.

He drove for hours, but it seemed like he was getting nowhere. He stopped at a small village to ask for directions, but people seemed to have yet to hear of the lake he was looking for. He even stopped at a couple of farms, but they could not give him proper direction. Desperate, he kept driving, hoping that he would stumble upon the lake by accident.

Just as he was about to give up hope, a young boy working at the restaurant spoke up. “I know where the lake is,” he said. “I can take you there.”

Arindam was overjoyed. He thanked the boy, and they set out on the road together. The boy led him through winding paths and rough terrain, but finally, after hours of driving, they reached the lake. And it was even more beautiful than Arindam could have ever imagined. The clear water sparkled in the sunlight, and the lush green forests surrounding the lake looked like paradise.

In conclusion, Arindam’s journey to the beautiful lake was an adventure that taught him valuable lessons about the importance of proper signage. Just think how much easier his journey would have been if there had been signboards indicating which turns to take and other important information, such as the maximum speed limit. This could have helped him reach his destination faster without the added stress of getting lost.

This story serves as a reminder that it is crucial to have a structure in place when undertaking any task, whether a journey to a beautiful lake or any other goal. It ensures that the job is completed efficiently and effectively while minimizing potential obstacles or confusion. This roadmap will guide you if you’re seeking to become an options trader. Plus, you learn from the best options traders in india. Steal deal, right?

Options Trading Courses for Beginners

We’ll cover some of the best options trading courses in India, beginning with the fundamentals and progressing to more advanced topics. Keep reading.

1. Basics of Options by Aseem Singhal

Are you ready to take your investment strategy to the next level? This comprehensive course on the Basics of Options is divided into two parts to provide a solid foundation to begin your journey in the world of options. The course is designed to guide you through the fundamentals of options trading, starting with a history of how it has evolved and its current uses. You’ll also gain familiarity with the specific terminology used by options traders.

As you progress, you’ll learn about the mechanics of call and put options and explore the Black Scholes model for pricing options. Additionally, you’ll understand the key concept of put-call parity.

With a solid understanding of these basic concepts, the course will delve deeper into the subject matter by covering the concept of moneyness, which is used to determine whether an option is in the money, at the money, or out of the money, and how this can impact its value. By the end of this course, you will thoroughly understand how options trading works and be equipped with the knowledge to make informed trades.

Know Your Mentor:Unlock the secrets of options trading with the guidance of industry veteran Aseem Singhal. Aseem has an impressive track record, having worked with leading firms like Merrill Lynch and JP Morgan and serving as the co-founder of Rain Technologies.

With extensive experience in quantitative funds and a history of developing profitable trading systems, Aseem is the perfect mentor to kickstart your options trading journey started.

Here are the topics that will be covered in this course:

• Orignation of Options
• Hedging and Speculation
• Underlying and Derivatives
• Call, Put, Expiry Date, Strike Price
• Identifying ATM, ITM, and OTM
• Put Call Parity
• Option Chain
• Playing with Volatility with IV, HV, Volatility Crush

2. Option Spread and Option Chain by Abid Hassan

Two basic instruments viz a call option & a put option can be combined in a myriad of different combinations to make money in different market conditions. Whether you have a bullish or bearish outlook, you’ll learn the right strategy to use. Dive deeper into option spreads and chains to gain a third dimension of predictive analytics in stock trading.

Master the art of analyzing option chain data and open interest to make informed decisions and adjust your position according to the trading patterns of big institutions. Enroll today and transform your trading game.

Know Your Mentor:Abid Hassan is the Co-founder and CEO of Sensibull, India’s first options trading platform. Prior to this, he worked with qplum, an algorithmic investment platform. He is a seasoned professional with a strong background in the financial industry.

Here are the topics that will be covered in this course:

• How to form a market view
• Options strategies
• Delta neutral strategies
• Option chain analysis
• FII derivatives OI analysis

3. Straddle, Strangle, Iron Condor, Butterfly, and Calendar Spread by Santosh Pasi

In this course, you will embark on a journey of mastering a bunch of option trading strategies that will equip you with the necessary tools and knowledge to navigate the market confidently.

The course is divided into two parts. You will start by learning the fundamentals of volatility and how to use the VIX to your advantage. Next, you will visualize how different strategies work using paper trades, allowing you to gain a deeper understanding of the mechanics of each strategy.

Throughout the course, you will gain an understanding of the various factors and parameters that affect a strategy’s performance and how to adjust for them. You will also learn how to execute the iron condor and market-neutral strategies, two powerful tools for managing risk and maximizing returns.

Additionally, you will learn how to make adjustments to all the strategies you learn in the course, giving you the flexibility to adapt to changing market conditions.

Know Your Mentor:Mr Santosh Pasi is a highly respected and accomplished trader and trainer with over 14 years of experience in options trading. As the founder of Pasi Technologies, Mr Pasi is widely recognized for his expertise in non-directional options strategies, utilizing volatility as a critical advantage.

In addition to his successful trading career, Mr Pasi is also the creator of OptionsOracle, a widely popular option analysis tool traders use around the globe. With his extensive knowledge and experience, Mr Pasi is a leading authority in the world of options trading.

Here are the topics that will be covered in this course:

• What is volatility?
• Strike price and option tools
• Short strangle and long strangle with examples
• Short straddle and long straddle with examples
• Short iron condor
• Broken wing short iron condor
• Short iron butterfly
• Broken wing iron butterfly
• Call calendar spread
• Put calendar spread
• Double calendar spread
• Making adjustments to existing positions

Well done for finishing the initial stage of becoming an options trader! Unfortunately, many individuals experience significant losses due to following incorrect methods. However, in this blog, we have provided the proper guidance for becoming an options trader. Now It’s time to take your skills to the next level and become a master of advanced strategies.

Advanced Options Trading Course in India

This section will cover some of the best options strategies you can execute in the real markets. So whether it is stock options trading or index options trading, option buying or option selling, these courses have got you covered with strategies that have been rigorously tested and proven to deliver results.

4. Nifty Hedged Short Strangle by Jegan Durairaj

In this course, you will learn a time-tested hedged option writing strategy which does not involve any greeks to trade. Options selling, also known as options writing, is a popular strategy used by institutional traders because it allows them to generate income while potentially limiting their losses.

Option selling involves selling options contracts, such as call or put options, with the hope that the options will expire worthless, allowing the trader to keep the premium received from selling the options. However, it is essential to note that option selling also carries the risk of potentially unlimited losses if the market moves against the trader.

The course you mentioned teaches a risk-defined index options writing strategy that aims to manage this risk by not involving any greeks and is protected from black swan events and significant movements in indices.

The course also focuses on the importance of psychology in trading and how following money management rules can help a trader succeed.

Know Your Mentor:Meet Jegan Durairaj, a skilled options trader at CapitalZone. With years of experience under his belt, Jegan is a veteran in options selling and multiple winners of the prestigious 60-day challenge.

Here are the topics that will be covered in this course:

• Types of Derivatives Order
• Futures vs Options
• Short Strangle with Examples
• Risk Management

5. Intraday Banknifty Straddle Strategy by Sourabh Sisodiya

Around 70% of the time, the market stays sideways. In this course, we will learn all about trading options by creating a straddle and the various rules and parameters of this strategy. Understand how you can make a trade in such markets and gain profits. We will also learn the fundamentals of theta decay and how you can benefit from it.

Discover how you can build a system with a statistical edge, much like a casino where you can win by following principles like – winning big and losing small and how the law of large numbers works. Also, learn how to create, form, and test your hypothesis as a rule-based system.

Understand the metrics of this strategy, like drawdown, Calmar ratio, winning trades, strategy returns, and maximum winning/losing trades. We will also go through various historical examples and learn the execution of the strategy on a real-time basis for better understanding.

Learn in detail about the most significant aspect of the strategy – risk management. Understand how to decide your risks and position size according to your capital for perfect risk mitigation and protection.

Know Your Mentor:Sourabh Sisodiya, a financial expert with a diverse and impressive background. As the co-founder of Quantify Capital, Sourabh leads a proprietary desk that conducts cutting-edge quantitative research. With a wealth of experience in equity research, derivatives, and quantitative trading, Sourabh is a true master of his craft.

He is also an NSE Certified Capital Market Professional and specializes in training hedge funds on systematic and quant-driven trading. Sourabh is a valuable asset to any financial organization and brings a unique blend of knowledge and expertise.

Here are the topics that will be covered in this course:

• Data vs Emotions
• Testing the Intraday Banknifty Straddle hypothesis
• Rules of the strategy
• Backtest of Intraday Banknifty Straddle Strategy
• Position sizing

6. Banknifty Weekly Options Strategy by Kirubakaran Rajendran

In this course, you will learn about an intraday weekly options writing strategy on bank nifty, which has delivered consistent results over the last four years.

We will also learn how to backtest and develop a trading system using excel and NSE data. This option writing strategy has given 124% cumulative returns over the past 42 months with a maximum drawdown of 13% and has a winning accuracy of 66%.

Do you have your trading rules in place but don’t know how to backtest them? Learn how to backtest option strategies using simple excel sheets and compute various metrics to see whether the strategy works.

Know Your Mentor:Kirubakaran is a seasoned trader and investor with over a decade of experience in the financial markets. Since 2008, Kirubakaran has been actively trading and investing in various markets, honing his skills and developing a deep understanding of the markets.

In 2014, he took his trading to the next level by becoming an algo trader, using cutting-edge technology to gain an edge in the markets. As the founder and CEO of Squareoff, Kirubakaran develops systems and bots for small institutions and retail traders, empowering them to take control of their financial future.

One of the unique aspects of Kirubakaran’s trading style is that he trades options without relying on option Greeks or technical charts, demonstrating his deep understanding of the markets and his ability to think outside the box.

Here are the topics that will be covered in this course:

• Intraday bank nifty option selling
• Statistics
• Setting up data on excel
• Examples

7. Learn an Option Writing Strategy by David Aurel

Spend a few minutes a month and trade an options strategy that creates passive earning for you. Based on option writing and naked options, market direction does not affect the strategy.

The objective of this strategy is to earn something regardless of market direction. With minimal effort, earnings range between 1% and 5% in a month. Knowledge of basic options is mandatory. Else, it is not recommended to trade this strategy.

Learn the basics of stock selection, ITM, OTM and ATM. We will also learn what option selling entails and margin blocks. This will set the foundation, so it is easy for you to construct the options spread at the start and close it at the end of the month.

David teaches how to construct the options spread using the building blocks we learnt earlier. David also explains how to adjust the position if the markets move by more than 10% in a month; such situations require us to adjust the positions.

Know Your Mentor:David Aurel is a seasoned options trader with 18 years of experience navigating the complex and dynamic world of options trading. With a deep understanding of market fluctuations and a keen ability to identify profitable opportunities, David is a true expert in his field.

Here are the topics that will be covered in this course:

• Strategy Performance and Liquidity
• Capital requirement of this strategy
• Stock selection
• Building and monitoring positions