Larry McMillan – Home Study Course: Novice Seminar
https://www.optionstrategist.com/

➡️ Start Your Options Trading Journey with a Wall Street Legend
If you're new to options and ready to build a strong foundation, the Larry McMillan – Home Study Course: Novice Seminar is the ideal starting point. Taught by renowned options trader and best-selling author Larry McMillan, this course delivers beginner-friendly instruction that is clear, structured, and practical — designed to help you confidently step into the world of options trading.

Larry McMillan has taught tens of thousands of investors how to use options safely and effectively. This Novice Seminar is the cornerstone of his training series, perfect for retail investors, self-directed traders, or anyone curious about adding options to their investment toolkit.

➡️ What You’ll Learn in the Novice Seminar
✅ The core concepts behind how options work — explained simply and clearly
✅ How to evaluate risk and reward before you trade
✅ Entry-level strategies like spreads, straddles, covered calls, and speculative buying
✅ Why options offer flexibility for any market condition — up, down, or sideways
✅ How to use options for income, hedging, or leverage

➡️ Course Contents: Table of Contents and Highlights

➡️ 1 – Option Basics
✅ Learn what calls and puts are, how they function, and when to use them
✅ Understand strike prices, expiration dates, intrinsic vs. extrinsic value
✅ Clear explanations of the risk/reward structure for each type of option
✅ Discover how volatility and time affect an option’s value
✅ Learn how to read an option chain and choose the right contract for your goal

➡️ 2 – Basic Spreads & Straddles
✅ Introduction to simple two-leg strategies that help reduce risk
✅ Learn vertical spreads — buying one option and selling another
✅ Understand how straddles work when you're expecting volatility but unsure of direction
✅ Discover how spreads limit losses while giving you strategic flexibility
✅ Real-life examples to help you visualize profit/loss potential

➡️ 3 – Covered Call Writing
✅ Generate consistent income by selling calls against stocks you already own
✅ Learn the benefits and limitations of this conservative strategy
✅ Explore when to roll, hold, or close a covered call
✅ Learn to select strike prices that balance income vs. upside
✅ Discover how professionals manage monthly covered call portfolios

➡️ 4 – Naked Option Writing
✅ Understand the risks and rewards of selling options without holding the underlying asset
✅ Learn when writing puts or calls makes sense — and when it doesn’t
✅ Discover how to structure trades to minimize risk exposure
✅ Explanation of margin requirements and how to manage leverage responsibly
✅ Learn when volatility gives you the edge as an option seller

➡️ 5 – Speculative Option Buying
✅ Learn how to make directional bets using calls and puts
✅ Identify high-reward setups with calculated risk
✅ Understand how timing, volatility, and momentum affect speculative trades
✅ Explore the difference between buying in-the-money vs. out-of-the-money contracts
✅ Tips for managing trades and avoiding common pitfalls for new buyers

➡️ What’s Included in This Course
✅ Full video recordings of Larry McMillan’s Novice Seminar sessions
✅ Downloadable PDF manuals and presentation slides
✅ Easy-to-follow examples and diagrams throughout
✅ Watch on any device — desktop, tablet, or phone
✅ Unlimited lifetime access to all course content

➡️ Who This Course Is For
✅ Beginners who want to understand how options work — from scratch
✅ Stock traders looking to expand their toolbox with options
✅ Investors seeking conservative income or hedging strategies
✅ New option traders who need clear, step-by-step guidance
✅ Anyone interested in a self-paced, professional-grade education

➡️ Why Choose Larry McMillan’s Novice Seminar
✅ Taught by one of the most respected educators in the options world
✅ Clear and concise lessons designed specifically for beginners
✅ Combines theoretical understanding with real-world practicality
✅ Thousands of successful students across the globe
✅ Backed by decades of trading, research, and publishing experience

➡️ Product Format & Delivery
✅ Digital access to:

• HD video modules of each seminar topic

• Accompanying PDF slide decks and notes
  ✅ 100% online — no physical shipping required
  ✅ Access immediately after purchase
  ✅ Watch and review anytime, at your own pace

➡️ Final Thoughts
Whether you're planning to use options for income, speculation, or risk management, this course will set you on the right path. The Larry McMillan – Home Study Course: Novice Seminar gives you the knowledge, structure, and confidence to begin your options trading journey with the right foundation.

Don’t just learn to trade — learn from one of the best. Build your options skills with Larry McMillan today.