✅ SpotGamma Academy – The Hedge Portfolio Manager

Master the skills and strategies of a professional portfolio manager.
The Portfolio Manager course is the advanced-level training in SpotGamma Academy’s The Hedge series, designed for traders ready to take their market expertise to the next level. This program dives deep into advanced volatility concepts, second-order Greeks, term structure interpretation, and professional-level strategies used by institutional traders to manage risk and capture opportunities.

Whether you aim to trade full-time, manage large portfolios, or sharpen your volatility trading edge, this course equips you with the knowledge and tactics used on professional trading desks.

Official Websites:
➡️ https://spotgamma.com/
➡️ https://academy.spotgamma.com/

What You’ll Learn

By completing The Hedge – Portfolio Manager, you’ll gain the ability to:
✅ Interpret the shape of the options term structure and its implications.
✅ Understand forward implied volatility and how it relates to VIX futures.
✅ Assess volatility skew, why it exists, and what it reveals about tail risk.
✅ Apply second-order Greeks — Vanna and Charm — and understand their market impact.
✅ Implement professional trading strategies, including spreads, ratios, and butterflies.
✅ Trade volatility and skew using straddles and collars.
✅ Identify and trade gamma squeezes both before and after they occur.

Course Highlights

• Institutional-Level Content — Detailed lessons on term structure, skew, volatility strategies, and advanced options positioning.

• Expert Instructors — Learn from Brent Kochuba (Founder of SpotGamma), Imran Lakha (Founder of Options Insight), and Matthew Fox (Co-Founder & CEO of SpotGamma).

• Advanced Strategy Application — See how professional traders construct, adjust, and manage complex options positions.

• In-Depth Slide Decks & Visuals — Each module includes downloadable slides to reinforce learning.

• Knowledge Testing — Glossary of terms and final exam included.

Course Contents

1. Introduction

• Welcome and course overview.

2. Term Structure

• Regular contango and inverted term structures.

• Weighted Vega and strategies to trade term structure.

• Forward implied volatility concepts.

• Forward volatility in VIX futures.

3. Skew

• General skew patterns and their meaning.

• Dynamic Greeks in action.

• Implied skew and its role in risk assessment.

4. Trading Strategies

• Volatility-focused trading approaches.

• Spreads, ratios, and their risk/reward profiles.

• Risk reversals and collars explained.

5. Advanced Strategies

• Butterflies and condors for targeted risk positioning.

• Calendar spreads for time-based market plays.

• Real trade examples and breakdowns.

6. SpotGamma Key Levels

• Call Wall, Vol Trigger, and Put Wall explained.

• How these levels influence dealer positioning and market flow.

7. Second Order Greeks

• Vanna and Charm: what they are and why they matter.

• Structural dealer positioning and its market effects.

• Identifying and executing gamma squeeze trades.

8. Summary & Final Exam

• Review of core concepts.

• Comprehensive exam to test your mastery.

• Glossary of key terms.

Bonus Content

• SpotGamma Academy Speaker Series — Interviews including GameStop, Short Squeezes & Systemic Risks with Josh Mitts and What to Watch For in Credit Markets with Fil Zucchi.

• Weekly Q&A Sessions — Recorded Q&A calls addressing advanced market scenarios and student questions.

• 30 Years of Options Education in 30 Minutes — Fast-paced foundational review for quick refresh.

Who This Course Is For

• Experienced traders seeking advanced volatility and portfolio management skills.

• Options traders aiming to manage larger, more complex positions.

• Investors who want to incorporate professional hedging and gamma trading techniques.

• Traders preparing to work on institutional desks or manage client capital.

If you’re ready to trade like a professional portfolio manager, this course will give you the tools, knowledge, and confidence to compete at the highest levels of the market.

➡️ Learn more or enroll today at SpotGamma Academy