TRADING COURSE www optionstradingiq com Copyright 2013

TRADING COURSE www. optionstradingiq. com © Copyright 2013. Options Trading IQ. All Rights reserved. 1

DISCLAIMER Any information contained in this presentation is for educational purposes only. Neither IQ Financial Services, LLC, Gavin Mc. Master nor its subsidiaries nor any of their respective officers, employees, representatives, agents or independent contractors are licensed financial advisors, registered investment advisors, or registered broker dealers. Neither do they provide investment advice, financial advice or make investment recommendations and they are not in the business of transacting trades. Nothing in this communication constitutes a solicitation, recommendation, promotion, endorsement or offer to buy or sell by IQ Financial Services, LLC or other described above of any particular security, transaction or investment. Any trades and / or results covered in this presentation may or may not be live trades. All trades and trading results are believed to be accurately presented. However, since the trades may not have been executed in the market, the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Therefore there can be no guarantee of accuracy or completeness. The risk of loss in trading securities and options in particular can be substantial. Customers must consider all relevant risk factors, including their own personal financial circumstances, before making any financial transaction. Options involve risk and are not suitable for all investors. See the Options Disclosure Document: Characteristics and Risks of Standardized Options, available from www. optionstradingiq. com/risks © Copyright 2013. Options Trading IQ. All Rights reserved. 2

OUTLINE 3 Strategies A Little Bit of Theory Guidelines TRADING PLANS Preparation This Week © Copyright 2013. Options Trading IQ. All Rights reserved. 3

3 STRATEGIES Iron Condor Bearish Butterflies Diagonal Condor © Copyright 2013. Options Trading IQ. All Rights reserved. 4

WHAT IS AN IRON CONDOR? © Copyright 2013. Options Trading IQ. All Rights reserved. 5

PROBABILITY © Copyright 2013. Options Trading IQ. All Rights reserved. 6

WHAT IS AN IRON CONDOR? © Copyright 2013. Options Trading IQ. All Rights reserved. 7

WHY TRADE IRON CONDORS? Consistent Monthly Income High Probability Easy To Manage Avoids Overtrading Non-Directional Short Vega © Copyright 2013. Options Trading IQ. All Rights reserved. 8

BEARISH BUTTERFLY Low Maintenance Allows You To Scale In Does Well In Most Markets © Copyright 2013. Options Trading IQ. All Rights reserved. 9

INITIAL POSITION © Copyright 2013. Options Trading IQ. All Rights reserved. 10

INITIAL PAYOFF GRAPH © Copyright 2013. Options Trading IQ. All Rights reserved. 11

DIAGONAL CONDOR Reduced Vega Exposure Profit Tents 6 Strikes Rather Than 4 Commission Intensive © Copyright 2013. Options Trading IQ. All Rights reserved. 12

DIAGONAL CONDOR © Copyright 2013. Options Trading IQ. All Rights reserved. 13

DIAGONAL CONDOR © Copyright 2013. Options Trading IQ. All Rights reserved. 14

DIAGONAL CONDOR Adjusting the Puts © Copyright 2013. Options Trading IQ. All Rights reserved. 15

DIAGONAL CONDOR © Copyright 2013. Options Trading IQ. All Rights reserved. 16

GUIDELINES Allocations © Copyright 2013. Options Trading IQ. All Rights reserved. 17

GUIDELINES Greeks © Copyright 2013. Options Trading IQ. All Rights reserved. 18

TRADING PLANS © Copyright 2013. Options Trading IQ. All Rights reserved. 19

PREPARATION Set Up Trading Log / Journal Paper trade – Min. 3 -6 months © Copyright 2013. Options Trading IQ. All Rights reserved. 20

THIS WEEK Opening Trades Trading Log © Copyright 2013. Options Trading IQ. All Rights reserved. 21

THANK YOU! www. optionstradingiq. com © Copyright 2013. Options Trading IQ. All Rights reserved. 22