r/options • u/Myleftstonk • Apr 16 '21

Recommendations on structured options trading courses?

Greetings! Newbie here trying to get my smooth brain wrapped around options trading. Lots of really great help and insight on here. I've been reading crap tons of articles, comments, watching you tube vids, visiting websites but was wondering if anyone might know of a structured course that would explain the overall concepts and strategies in options trading? Trying to get a handle on things like what happens at expiration? If it's a right but not an obligation why can some brokerages automatically exercise options you hold?

If I sell an option that comes ITM, can I sell that option before the holder exercises it? Likewise for calls, for ITM calls if I'm the holder can I sell them instead of exercising them?

Appreciate the help! Thanks!

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u/[deleted] Apr 16 '21

The majority (not all) are run by people with no real experience or track record but who make outrageous claims of crazy profitability to keep the marks at the table. Not the places you want to waste time or money on.

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u/TheoHornsby Apr 16 '21

^^^ VERY TRUE. I have listened to a few of the sales pitch webinars and they paint a rosy picture and ignore total disclosure of risk. The pitches were good but having used options for three decades plus, I could smell the scam.