Professional Options Trading Masterclass

At From $1,499 (indicative — confirm at ITPM) you get Online video · 12-month access, building directly on the PTM macro framework rather than isolated options theory. The course covers:

• Options pricing theory: Black-Scholes, Greeks, and how professionals actually use them
• Directional options strategies: using options to express macro views with defined risk
• Volatility trading: understanding vol surfaces, skew, and term structure
• Professional options portfolio construction: how to size options positions within a broader portfolio
• Earnings trades: using options around corporate events with asymmetric risk/reward
• Advanced spread strategies: verticals, calendars, and ratio spreads in practice

The POTM extends the PTM framework into options: pricing theory, the Greeks, volatility surfaces, and how options can be used to express a macro or sector view with defined risk rather than as isolated strategies. Its main strength, in my view, is that it doesn't teach options in a vacuum — each strategy is tied back to the macro thesis and portfolio construction taught in the PTM.

The volatility material is the section I found most useful: understanding implied versus realised volatility, and how to judge whether options are cheap or expensive relative to expected moves. This isn't a course for beginners — it assumes solid PTM knowledge, and some of the strategies discussed require meaningful capital, so it suits PTM graduates rather than first-time traders.