Learn to trade options: Fundamentals and trading strategies

April 
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7:00pm
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Learn to trade options: Fundamentals and trading strategies

Thursday
, 
April 
1
, 
2021
, 
7:00pm
 – 
10:00pm 
EDT

Build a strong foundation in options trading through this three-part educational webinar. Whether you're new to options or looking to sharpen your approach, each session will offer practical insights, key concepts, and actionable strategies to help you trade options in today's market with greater confidence. 

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Coaching sessions with the Trading Strategy Desk

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Our interactive sessions, of typically less than 100 clients, provide education on a wide range of trading related topics, including Fidelity’s research and trading tools. You’ll have a chance to ask questions, discuss your trading experiences, and hear from other traders like you.

Agenda

1:00 pm – 1:55 pm ET

Buying options: Building your foundation

Join us for this introduction to the basics of buying options. We will explore what options are, why traders use them, and what strategies options buyers can utilize to have exposure to market movement and potentially hedge risks.

Speakers: Andrew McGowin and Ken Keating


2:00 pm – 2:55 pm ET

Selling options: Core concepts and considerations

Our second session continues the discussion as we dive into the other side of trading options: selling options. We will review the obligations of selling options, assignment and risk considerations to be aware of, and how selling options can be used as a potential income driven strategy.

Speakers: Andrew McGowin and Ken Keating


3:00 pm – 4:00 pm ET

In the Money®: Trade ideas and options strategies

Our final session will feature an extended edition of "In the Money®," our weekly webinar series with real options strategies and trade ideas. Whether you're new to options or a seasoned investor, Tony Zhang of OptionsPlay® can help you step up your game with actionable trade ideas to consider in today's market. 

Speakers: Andrew McGowin and Tony Zhang


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Presenters:

Andrew McGowin 

Active Trader Strategy Desk

Fidelity Investments

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Ken Keating

Principal,

Investor Education

Options Clearing Corportation

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Tony Zhang 

Chief Strategy Officer and Co-founder

OptionsPlay

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Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.

 

Investing involves risk, including risk of loss.


A covered call writer forgoes participation in any increase in the stock price above the call exercise price, and continues to bear the downside risk of stock ownership if the stock price decreases more than the premium received.


The views expressed are as of the date indicated and may change based on market or other conditions. Unless otherwise noted, the opinions provided are those of the speaker or author, as applicable, and not necessarily those of Fidelity Investments. The third-party contributors are not employed by Fidelity, and may receive compensation for their services.

 

The Options Clearing Corporation, OptionsPlay, and Fidelity Investments are independent entities and are not legally affiliated.

 

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

 

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Learn to trade options: Fundamentals and trading strategies

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Ken Chambers

Fixed Income Strategist

PIMCO

Mr. Chambers is an executive vice president and fixed income strategist in the Newport Beach office, focusing on core strategies. Previously, he focused on multi-sector fixed income strategies, and earlier at PIMCO, he was a member of the account management group focusing on defined contribution clients and platforms.


Prior to that, he was a member of PIMCO's global wealth management team in Asia ex Japan.


He has 14 years of investment experience and holds an MBA from the University of Chicago Booth School of Business and an undergraduate degree from The University of Arizona.

Dr. Richard Clarida

Global Economic Advisor

PIMCO

Dr. Clarida is a managing director in the New York office and PIMCO's global economic advisor. Prior to rejoining PIMCO in 2022, he was the firm's global strategic advisor from 2006 to 2018. He served as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System from September 2018 to January 2022.


Dr. Clarida is also the C. Lowell Harriss Professor of Economics and International Affairs at Columbia University.


Prior to joining PIMCO in 2006, he was Assistant Secretary of the Treasury for Economic Policy, in which he served as chief economic advisor to two U.S. Treasury Secretaries. Earlier in his career, he was with Credit Suisse and Grossman Asset Management.


He has 26 years of investment experience and holds a Ph.D. and a master's degree in economics from Harvard University. He received an undergraduate degree with Bronze Tablet Honors from the University of Illinois.

Caleb Fritz, CFA® 

Portfolio Specialist

T. Rowe Price

 Caleb Fritz is a portfolio specialist in the U.S. Equity Division. He acts as a proxy for equity portfolio managers with institutional clients, consultants, and prospects and supports the large-cap value strategies. Caleb also is a vice president of T. Rowe Price Group, Inc.


Caleb's investment experience began in 2000. He was with T. Rowe Price from 2000 to 2003, beginning in the Participant Service Center, and returned in 2010 until the present. Prior to his current position, he was a lead portfolio analyst providing analytical support to investment, client service, and marketing staff for the firm’s large-cap value and health sciences portfolios. Prior to returning to the firm, Caleb was employed by Legg Mason Capital Management as an associate analyst covering the health care sector. 


Caleb earned a B.A. and an M.A. from the University of South Florida. He also has earned the Chartered Financial Analyst® designation.


CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


Andrew McGowin, Moderator

Active Trader Strategy Desk

Fidelity Investments

Andrew McGowin, CMT®, began his career at Fidelity Investments in 2016. Before joining the Trading Strategy Desk, he spent time in many different roles, most recently with the Active Trader VIP Desk. He is a Registered Securities Representative (Series 7/63), a Registered Options Principal (Series 4), a General Securities Sales Supervisor (Series 10), and a Certified Market Technician (CMT®). Prior to joining Fidelity, Andrew graduated from the University of North Florida with bachelor’s degrees in political science and English. He graduated from Southern New Hampshire University with a master’s degree in applied economics.


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Ryan Woessner, CFA®

Portfolio Specialist

T. Rowe Price

Ryan Woessner is a Portfolio Specialist in the US Equity Division. He is a member of the US All Cap Opportunities, Global Technology, Communications & Technology, and Science & Technology Team Strategy Teams, working closely with clients, consultants, and prospects. Ryan is a vice president of T. Rowe Price Associates, Inc.


Ryan's investment experience began in 2008, and he has been with T. Rowe Price since 2016, beginning in the U.S. Equity Division. Prior to this, Ryan was employed by Cambridge Associates as a senior investment performance analyst.


Ryan earned a B.S. in finance from Virginia Tech and an M.B.A. from Georgetown University, McDonough School of Business. Ryan also has earned the Chartered Financial Analyst® designation.


CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute

Ed Modla

Executive Director, Investor Education

 Options Clearing Corporation

Edward J. Modla is Executive Director, Investor Education at OCC (Options Clearing Corporation). In this role, he is responsible for contributing the strategic direction, development, and execution of programs designed to provide education to market participants about the prudent use of listed options. He also manages a team of options professionals responsible for designing and delivering educational resources and communications center support. Additionally, he takes the leading role in the development and nurturing of strategic business partnerships.

Ryan Woessner, CFA®

Portfolio Specialist

T. Rowe Price

Ryan Woessner is a Portfolio Specialist in the US Equity Division. He is a member of the US All Cap Opportunities, Global Technology, Communications & Technology, and Science & Technology Team Strategy Teams, working closely with clients, consultants, and prospects. Ryan is a vice president of T. Rowe Price Associates, Inc.


Ryan's investment experience began in 2008, and he has been with T. Rowe Price since 2016, beginning in the U.S. Equity Division. Prior to this, Ryan was employed by Cambridge Associates as a senior investment performance analyst.


Ryan earned a B.S. in finance from Virginia Tech and an M.B.A. from Georgetown University, McDonough School of Business. Ryan also has earned the Chartered Financial Analyst® designation.  


CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute

Tony Zhang

Chief Strategy Officer and Co-founder

OptionsPlay

Serving as Chief Strategist, Tony assembled an agile team of developers, designers, and quants to create the OptionsPlay product suite for trading and analysis. He also developed and managed many of the firm's partnerships extending from the Options Industry Council, Nasdaq, Montreal Exchange, Merrill, Schwab, and Raymond James. As a proven thought leader and contributor on CNBC's Options Action show, Tony shares ideas on using options to leverage gain while reducing risk.

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