Las Vegas Options Trading Group for Monthly Income

Learning how to trade options can be an excellent way to supplement monthly income or make it a primary source.

Contrary to many pundits and options gurus, learning to trade options is not a 3-month process of reading basics and strategy theories. Learning about options must include real money on a live platform.

Therefore, at this event, we will discuss theory and put our theories into practice. We will discuss the following strategies academically then put these strategies into practice with live trading in the futures and/or markets. 1. Naked put 2. Short put spread 3. Short call spread 4. Short iron condor 5. Short strangle

This event is excellent for beginners and experienced traders alike because the academic discussion will include what, why, and how you should use the above five strategies. The "how" will be demonstrated in real-time by trading options on futures and/or stock live.

You don’t want to miss out on this event.

If you're new to options or looking to refresh your foundation, this session is for you.

Options are one of the most flexible and cost-efficient tools available to traders—but the power of options starts with understanding the basics. This webinar will walk you through the fundamental building blocks of options trading in a clear, beginner-friendly format.

We’ll cover:

• Essential options terms and how they apply to real trades
• How to use options to buy stock at a discount or get paid while you wait (selling puts and covered calls)
• How to build a put spread or call spread with defined risk
• How to set up an iron condor for neutral strategies
• Key considerations before and after placing trades
• Open Q&A—bring your questions!

This isn’t just a theory session—you’ll walk away with a deeper understanding of how options work and how to use them strategically in your own trading. Whether you're just starting out or circling back for a solid review, we’ve got you covered.

Rentals, Lending, Coaching…Dr. Meadows has done many things to diversify his income streams over the years. Options trading, specifically day trading the SPX, represents the best combination of return potential, leverage, and time efficiency.

Join us for this special webinar where he shares his journey into the world of options trading and how you can too.

Managing a trade that gets tested is one of the most important skills an options trader can learn. And entering a trade without a risk management plan is a recipe for a short term trading career.

Come learn about 7 different ways to manage risk as you enter a trade and as you adjust tested positions. We will discuss a few real-life trades and how we managed the risk towards a profitable trade.

HAVE A PLAN - 3 Ways to Manage Risk Before you make your Option Trades:
1. Plan your trade based upon DELTA.
2. Number of Contracts, Allowed and Max Loss perimeters preset before entering the trades.
3. Diversification of Underlying (non-correlated)

FLEXIBILITY INSIDE OF YOUR PLAN - 2 Ways to Manage Risk when a position is tested.

4. Adjustments for tested positions. Roll up, Roll Away, Roll Out, Take the Loss and move on.
5. Duration trumps Direction – Case study on one or two real-life trades

MANAGING FOR THE UNEXPECTED - 2 Ways to Manage Against Black Swans:

6. Buy Very OTM Puts in an Index
7. Hold Real Assets like Gold and Silver or Options in Gold