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XLT - Options Trading

XLT - Options Trading Curriculum

The XLT Options Trading course is uniquely structured to align with the monthly cycle of the options market that revolves around “expiration Friday” which transpires every third Friday of the month.

Fourteen sessions are delivered each month, with each session lasting approximately 2 hours in length. Each session is structured into 4 unique stages providing a learning experience that blends education with live, market application. The first component is Market Overview which includes a review of big picture market trends, current economic events, market news headlines, and seasonal earnings review.

The second stage of each session is Strategy Education focused on learning a specific options strategy. Strategy Application is the third stage of each session where all of the strategies learned are used as tools to engage and leverage in live markets in order to measure volatility and minimize risk. The fourth and final stage is Open Student Forum which includes; topic reviews, question and answer, scanning for trading opportunities, round table discussions and more.


Course Agenda

Week 1

  • Day 1: Strategy Session Butterflies
  • Day 2: Strategy Session Double Diagonals / Preparing for the Jobs Report
  • Day 3: Trading Application Jobs Report

Week 2

  • Day 1: Strategy Session Currencies / Commodities
  • Day 2: Strategy Session Equivalency Calendar Spreads
  • Day 3: Strategy Session Rolling / Closing
  • Day 4: Trading Applications Position Building Butterflies / Ratios

Week 3

  • Day 1: Strategy Session Swing Trading
  • Day 2: Strategy Session Rolling / Closing
  • Day 3: Trading Application Expiration

Week 4

  • Day 1: New Cycle Orientation
  • Day 2: Strategy Session Volatility Analysis
  • Day 3: Strategy Session Using the Checklist
  • Day 4: Trading Applications Position Building