Advanced Options Markets
I. Course Prefix/Number: FIS 239
Course Name: Advanced Options Markets
Credits: 1 (1 lecture; 0 lab)
III. Course (Catalog) Description
IV. Learning Objectives
V. Academic Integrity
• plagiarism (turning in work not written by you, or lacking proper citation),
• falsification and fabrication (lying or distorting the truth),
• helping others to cheat,
• unauthorized changes on official documents,
• pretending to be someone else or having someone else pretend to be you,
• making or accepting bribes, special favors, or threats, and
• any other behavior that violates academic integrity.
There are serious consequences to violations of the academic integrity policy. Oakton's policies and procedures provide students a fair hearing if a complaint is made against you. If you are found to have violated the policy, the minimum penalty is failure on the assignment and, a disciplinary record will be established and kept on file in the office of the Vice President for Student Affairs for a period of 3 years.
Details of the Code of Academic Conduct can be found in the Student Handbook.
VI. Sequence of Topics
1. Concept and Purpose
2. Terms and definitions
3. Pricing of options
4. Potential gains, possible risks
B. Uses of options
1. Reduce risk
2. Lock in profits
C. Trading Strategies
1. Trading plan
2. Money management
3. Trading rules
D. Call options
1. Outright purchase
2. Naked short sale
3. Covered write
E. Call and Put Spreads
1. Bull Spreads
2. Bear Spreads
3. Ratio Spreads
4. Reverse Ratio Spread (Backspread)
5. Butterfly Spread
6. Calendar Spread
F. Put Options
1. Concepts of puts
2. Outright purchase
3. Naked put sale
G. Strategies Combining Puts and Calls
VII. Methods of Instruction
Course may be taught as face-to-face, media-based, hybrid or online course.
VIII. Course Practices Required
The Oakton Community College Catalog states:
Oakton Community College does not discriminate on the basis of race, color, creed, religion, national origin, disability, age, sex sexual orientation, or marital status in admission to and participation in its educational programs, College activities and services, or employment practices. The College does not tolerate sexual harassment or sexual assault by or of its students or employees.
In keeping with this policy of tolerance and non-discrimination, in this class all of us (myself included) should strive to:
Listen and give careful consideration to all ideas expressed in the class, especially those that are different from our own, without attacking or demeaning the people who hold those views, and avoid using insulting terms or telling offensive jokes when talking to or about individuals or groups.
IX. Instructional Materials
Varies by instructor.
X. Methods of Evaluating Student Progress
XI. Other Course Information
B. Services available to students: the Learning Center for tutoring, testing, study skills, academic support for non-native students and students with disabilities; Academic Advising for academic advisement, personal counseling, career exploration, job placement; Health Services; Financial Assistance Office; Library.
If you have a documented learning, psychological, or physical disability you may be entitled to reasonable academic accommodations or services. To request accommodations or services, contact the Access and Disability Resource Center at the Des Plaines or Skokie campus. All students are expected to fulfill essential course requirements. The College will not waive any essential skill or requirement of a course or degree program.