Rutger's MBA school has three online courses that focus on options trading. They can be taken without enrolling in the full business program. "Introduction to Options for Investment Professionals" educates traders on how to hedge and speculate risk. This one-hour seminar addresses common definitions, tools, and models and conditions involved in options trading. "Covered Calls" addresses the benefits and risks of trading Covered Calls in which the seller owns the stock on which he is selling, or "writing," call options. "Pricing Equity Options" addresses methods for pricing an option such as the Put/Call Parity Formula and Synthetic Replication.
Northwestern's prestigious Kellogg School of Business offers a certificate for students who complete four courses in its "Futures and Options Trading Program." The introductory course, "Basics and Futures and Options Trading," covers pricing of derivative products, liquidity providers' roles on exchanges as well as the pricing, strategies, and applications of options. The more advanced coursework includes option volatility, electronic trading and managing "performance pressure" in the markets.
As the self-proclaimed "definitive source for options trading," CBOE offers extensive education in options trading. They offer curricula at beginner, intermediate and advanced levels. Both online and live instruction is available for students. The beginner course focuses on fundamentals such as options price behavior, market timing, strategy selection and risk management. Intermediate students learn about strategy analysis and dynamic spreading techniques. Advanced students spend a day with a market maker on the exchange floor as he makes trades. Numerous courses are geared towards current college students as well as recent alums.
The Chicago School of Trading uses a combination of webinars, simulated trading platforms and live instruction in its program. The program adheres to the "Chicago Tradition" in its teaching methods. Before professional schooling, young traders learned the exchanges through apprenticeships. The school maintains this tradition by scheduling 12 one-on-one mentoring sessions for students to learn options trading from veterans such as Dan Keegan, a frequent business school lecturer who has worked in the exchanges for more than 28 years.