The topics of financial risk, asset allocation, diversification will be explored.

Including:

• The advantages and disadvantages of using ETF’s with options
• Specific option strategies such as covered calls, protective puts and vertical spreads
• The concepts of market uncertainty and their implications on implied volatility
• Popular types of ETF’s
• Special consideration on the rationale for selecting a specific options strategy based on a trader’s market perspective
• Options strategies using risk/reward payoff diagrams to further the understanding of why each strategy might be selected
• The benefits and drawbacks of the various option strategies