Elliottwave - 5 Options Strategies Every Elliott Wave Trader Should Know

Learn how to combine the Wave Principle and a few specific options trading strategies so that you can turn challenging market situations into welcome opportunities.

Format: On-Demand Course | 2 hours 12 minutes

Instructor: Wayne Gorman

Level: Intermediate

Learn to use options strategies that minimize risk and maximize potential reward

Wayne Gorman distills his months of intensive research and years of Elliott wave options trading experience into two hours you don’t want to miss. Gorman teaches you how to use options to minimize your risk and maximize your potential reward 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

Here’s what you’ll learn:

The optimal options strategy to use and why

Which wave position 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 wave patterns that follow

Where to set entry, 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

Which waves should precede your entry point and why

When to exit your entire position versus just one side of it