Finance Investing

Options Trading: Strategy, Risk, and Practical Execution

A structured course with Professor Victoria Okafor on understanding options, building trades, and managing risk with discipline

Options Trading: Strategy, Risk, and Practical Execution logo
Quick Course Facts
17
Self-paced, Online, Lessons
17
Videos and/or Narrated Presentations
5.8
Approximate Hours of Course Media
About the Options Trading: Strategy, Risk, and Practical Execution Course

This course introduces Options Trading as a practical branch of Finance, helping you understand how contracts work, how trades are built, and how risk is managed with discipline. Through a structured course with Professor Victoria Okafor on understanding options, building trades, and managing risk with discipline, you will gain a clear framework for making more informed decisions in real market conditions.

Build A Practical Options Trading Framework

  • Learn the core mechanics behind calls, puts, strike prices, expiration, and contract value
  • Understand how volatility, implied volatility, and the Greeks shape trade outcomes
  • Compare directional, income, and defined-risk strategies for different market views
  • Develop a disciplined process for selecting, managing, and adjusting trades

Options Trading for Finance students who want structure, clarity, and practical execution.

Across the course, you will start with the reasons options exist in the market and progress into the essential building blocks of contracts, pricing, and valuation. You will learn how intrinsic value and time value interact, why volatility matters, and how the Greeks can help you interpret changes in price, time decay, and sensitivity. Each lesson is designed to strengthen your understanding of how options behave before you ever place a trade.

The course then moves into strategy development, showing you how to evaluate long calls, long puts, covered calls, cash-secured puts, vertical spreads, debit spreads, credit spreads, straddles, and strangles. You will also learn how to read the options chain, choose strike prices and expiration dates, and structure trades with a clearer purpose. This gives you a more systematic way to approach Options Trading rather than relying on guesswork.

Risk management is a central focus throughout the program. You will study position sizing, capital allocation, exits, rolling, trade adjustments, assignment, exercise, and settlement so that you can handle trades with greater discipline. By the end of the course, you will have a practical routine for avoiding common mistakes, managing uncertainty, and making better choices in Finance. You will finish with a stronger trading process, sharper judgment, and the confidence to approach options with method and control.

Course Lessons

Full lesson breakdown

Lessons are organized by topic area and each includes descriptive copy for search visibility and student clarity.

Course Foundations

1 lesson

Options exist because markets are uncertain and participants need ways to transfer, price, or limit risk . They give buyers a right, but not an obligation, to transact at a set price, and that structu…

Core Option Contracts

1 lesson

Lesson 2: Calls, Puts, and Contract Basics

20 min
This lesson introduces the three building blocks of options trading: calls , puts , and the basic structure of an options contract . You will learn what each contract gives the buyer the right to do, …

Pricing Setup

1 lesson

Lesson 3: Strike Price, Expiration, and Contract Value

18 min
In this lesson, Professor Victoria Okafor explains the three core terms that shape every option contract: strike price , expiration , and contract value . You will learn how these settings define what…

How Options Are Valued

1 lesson

Lesson 4: Intrinsic Value and Time Value

20 min
This lesson explains the two core components of an option’s price: intrinsic value and time value . You will learn how to tell whether an option is in-the-money, at-the-money, or out-of-the-money, and…

Market Expectations

1 lesson

Lesson 5: Volatility and the Role of Implied Volatility

22 min
This lesson explains volatility as the market’s view of how much a stock or index may move, and introduces implied volatility as the option market’s forward-looking estimate of expected movement. Stud…

Sensitivity Metrics

1 lesson

Lesson 6: The Greeks: Delta, Gamma, Theta, and Vega

24 min
This lesson explains the four core option sensitivities, known as the Greeks: Delta , Gamma , Theta , and Vega . You will learn how each Greek measures a different type of risk or price behavior, why …

Directional Trades

1 lesson

Lesson 7: Long Call and Long Put Strategies

20 min
This lesson introduces the two most direct directional option strategies: long calls and long puts . You will learn when each strategy is used, how profit and loss are shaped by strike price, premium,…

Income and Ownership Strategies

1 lesson

Lesson 8: Covered Calls and Cash-Secured Puts

22 min
This lesson introduces two income-oriented options strategies: covered calls and cash-secured puts . You will learn how each trade is structured, why traders use them, what market outlook they fit, an…

Spread Construction

1 lesson

Lesson 9: Vertical Spreads for Defined Risk

24 min
Vertical spreads are defined-risk options strategies built by buying and selling options of the same type and expiration but different strike prices. In this lesson, Professor Victoria Okafor explains…

Comparing Trade Structures

1 lesson

Lesson 10: Debit Spreads vs Credit Spreads

20 min
This lesson compares debit spreads and credit spreads , two common multi-leg options structures used to control cost, define risk, and express a market view with more precision than buying a single op…

Non-Directional Strategies

1 lesson

Lesson 11: Straddles and Strangles for Volatility Plays

22 min
Straddles and strangles are volatility strategies built to benefit from a large price move when the trader is not confident about direction. In this lesson, Professor Victoria Okafor explains how both…

Trade Selection

1 lesson

Lesson 12: Reading the Options Chain

20 min
This lesson teaches you how to read an options chain so you can compare contracts quickly and select trades with more discipline. You will learn what the key columns mean, how strike prices relate to …

Trade Design

1 lesson

Lesson 13: Selecting Strike Prices and Expiration Dates

18 min
This lesson explains how to choose strike prices and expiration dates with a practical, trade-first mindset. Professor Victoria Okafor focuses on the relationship between a trader’s market view, the o…

Risk Management

1 lesson

Lesson 14: Position Sizing and Capital Allocation

22 min
This lesson explains how to decide how much capital to risk on an options trade and how to size positions so one mistake does not damage the account. You will learn practical sizing rules, the differe…

Trade Management

1 lesson

Lesson 15: Exits, Rolling, and Trade Adjustments

21 min
This lesson explains how to manage an options trade after entry: when to exit early, when to roll to a new strike or expiration, and how to make disciplined adjustments without abandoning the original…

Contract Lifecycle

1 lesson

Lesson 16: Assignment, Exercise, and Settlement

18 min
This lesson explains the assignment , exercise , and settlement phases of an options contract so learners understand what happens after a trade is opened and how rights and obligations are resolved at…

Putting It All Together

1 lesson

Lesson 17: Common Mistakes and a Practical Trading Routine

20 min
This lesson helps you turn theory into repeatable action by identifying the most common options trading mistakes and replacing them with a practical daily routine. You will learn how to avoid oversize…
About Your Instructor
Professor Victoria Okafor

Professor Victoria Okafor

Professor Victoria Okafor guides this AI-built Virversity course with a clear, practical teaching style.