FAQs (Frequently Asked Questions)


Options Strategy Trading Training


1. Who are audiences for this training?
  • Traders
  • Brokers and Sub-Brokers
  • Arbitrager
  • Research Analyst
  • Those who already have a job/business and want to generate a second source of income from the market.
  • We have already trained 350+ participants across India and globe (Singapore, Middle-East, UK and USA). Our past participants includes full time Traders, Brokers, Sub-Brokers, Bankers, Entrepreneurs, CAs, Doctors, IT professionals, Home-Maker, Others professionals and  Retired Personnel, 
    
2. What are the prerequisites for this training? 

3. Why do I need training?
  • In case you are not aware of strategies or unsuccessful in Option trading.
    
4. Is it for intraday or positional trades?
  • It is for positional trading. Trades can last from a few days to 2 months.

5. Can it be used for intraday trading?
  • No, it can't be used for intraday trading.

6.   What is the course fee?
  • In case if you are joining in group (two or more), then fee is Rs. 21,900.
  • Pre-Early bird registration (prior 1 month) is Rs. 22,900
  • Early bird registration (within 1 month) is Rs. 23,900
  • Walk-in (regular) fee is Rs. 27,900.

7. How do I make a fee payment?
  • Using Internet banking (NEFT) or UPI.

8. Can I pay in parts (booking amount and remaining later)?
  • Yes, you can pay in parts for class-room mode.
  • We have provided this facility, as sometimes workshops in your city may be a few months away. This way, you can pay a booking amount to block your seat. Balance payment can be paid at the time of the workshop. 
  • This is a smarter way to get an early-bird discount.
  • In case of part payments, initial payment is Rs 5,900 for booking. Pay the balance at the venue or before the start of the workshop.
  • Rs. 5,900 needs to be paid in advance as a booking amount to reserve your seat. Once we receive payment, we will share tools along with study materials. Balance payment can be done at the venue before the start of the workshop.
  • Payment once done is a non-refundable tool.
  • Part payment is not allowed for online mode.
  • Payment is not refundable in case of overseas participants.

9. What if I do not like a course, can I get a refund?
  • No, once you complete the workshop, you have the option for another 4 hours online session to clarify doubts and concerns. 


10. If I have already paid fees and am not able to attend the workshop for a last moment emergency?
  • If you are not able to attend, do let us know in an advance.
  • You can attend our future classroom workshop anywhere in India.

11. If I have paid and am not able to attend the workshop, can I get a fee back?
  • If you are cancelling within 10 days, we will refund full amount.
  • If you are cancelling after 10 days, we will be deducting 20% amount (against processing and convenience charges that we incur against payment gateway, etc.).

12. How long will I support?
  • You will get support for three months.
  • You can post queries in our Telegram support group.

13. How do I'll get support after training?
  • Using email, WhatsApp or Telegram.

14. Can I get my preferable days and time for a course?
  • Training is provided during weekends only. It can be mutually decided based on availability.

15. How is on-line training done?
  • Sorry, but we don't conduct online workshops. However, for experienced traders, we do conduct online "Live Trading Sessions".
  • Our workshop is very exhaustive one.
  • Based on earlier experience, we have stopped online training.

16. How do I get custom tools (OpStrater)?
  • It is exclusively available to training participants or buyers of OpStrater. As part of training, you will get it free for personal use.

17. What is a realistic return expected on a monthly basis?
  • Conservative trades: 2% to 3% monthly
  • Moderate trades: 3% to 10% monthly
  • We don't have any holy grail system.
  • All trades carry risk. 


18. How much is minimum capital recommended to start Option Trading?
  • Rs 2 lakh or higher (either cash or against portfolio, if your broker allows).
  • Novice traders with less than 2 lakh capital are advised not to attend.
  • Options Trading is serious business and it does require good capital.

19. How many trade ideas do I expect to get on a monthly basis?
  • You will get one trade idea per week for three months post training. Remember all trades carry some amount of risk.

20. What are strategies covered?
  • It is a combination of non-directional and directional strategies applicable in our Indian market.

21. What is the cost to re-attend/retake the workshop?
  • If you have any query or doubt, you can get it clarified in 4 hours online session (Free).
  • However if you feel to refresh /retake complete workshop, then for classroom mode, fee is Rs 5900. 


22. Can I have some references or contact of old participants?


23. Venue for the workshop is not published, when can we expect an exact venue?
  • We finalize the venue at the last moment based on the number of participants. You can expect exact venue details 2-3 days ahead of the workshop.


OpStrater: Options Strategy Premium Tool 

1. What is Options Strategy Premium Tool
  • This is a combo pack of many things like tools, service and manual.


2. How much does it cost?
  • It cost Rs. 5,900.
  • It is a yearly subscription. 
  • Workshop participants gets our tools for FREE.


3. What are system requirements for tools?
  • It works on Windows platform (Windows 2007 SP1, Windows 8.1, Windows 10 including 32 bit and 64 bit). Make sure you have IE 11 or higher.

4. Does it work on tablets?
  • It works on Windows based tablets.

5. Does it work on mobile?
  • No, currently it doesn't support mobile.

6. Does it work on Mac OS?
  • No, it doesn't work on Mac OS. On Mac OS, you can install parallel or vmware and run windows virtual machine, under that you can run our tools.

7. Why am I not able to see all series (FAR month, etc)?
  • Click Config -> General -> Download Option Series -> All available series.
  • This will allow to download all series and show option chains for all available series, however, it will take longer time to download.


OptionsOracle INDIA Plugin

1. What is OptionsOracle?
  • OptionsOracle is a free tool for stock options trading strategy analysis, built for options traders. OptionsOracle is a powerful tool that allows testing of different options strategies using real-time options and stock-market information. The tool provides an easy interface to build a stock/options position and then test it using graphs and analytical tools.

2. Who are authors of OptionsOracle?
  • Original author are from organization Samoasky 
  • Shlomo Shachar
  • Oren Moshe

3. What is OptionsOracle INDIA Plugin?
  • It is an Online Exchange Plugin (add-on) used in OptionsOracle to connect to a data source to download data. It is updated by me to support our Indian market.

4. How much does it cost?
  • Standard version is FREE.
  • If you are looking for OptionsOracle Advance that comes along with OpStrater, you have to pay for OpStrater i.e. Rs. 5900.
  • Workshop participants get our tools for FREE.

5. What are licenses for OptionsOracle?
  • It is available at URL: 
  • https://sourceforge.net/p/optionsoracle/code/ci/master/tree/OptionsOracle/license.txt
  • Here are license text from Original Author:




OptionsOracle License

=====================

Except where otherwise noted, all of the documentation and software included in the OptionsOracle Setup package is copyrighted by SamoaSky.

Copyright (C) 2006-2007 SamoaSky. All rights reserved.

This software is provided "as-is," without any express or implied warranty.

In no event shall the author be held liable for any damages arising from the use of this software.

Permission is granted to anyone to use this software for any purpose, including commercial applications, and to alter and redistribute it, provided that the following conditions are met:

1. All redistributions of source code files must retain all copyright notices that are currently in place, and this list of conditions without    modification.

2. All redistributions in binary form must retain all occurrences of the above copyright notice and web site addresses that are currently in place (for example, in the About boxes).

3. The origin of this software must not be misrepresented; you must not claim that you wrote the original software. If you use this software to distribute a product, an acknowledgment in the product documentation would be appreciated but is not required.

4. Modified versions in source or binary form must be plainly marked as such, and must not be misrepresented as being the original software.

5. Quotes and Stock information provided by the software might be delayed or incorrect.

6. User should verify all calculations manually and advise his broker for actual quote prices.

7. The autors keep the right the stop the online support for the software at any time, and without any advance notice. Since the software operation   relays on online support, such cease of support will make it inoperable.

SamoaSky

www.samoasky.com


Market Outlook Posting



1. Is the "Market Outlook" posted on the website and social media available as part in OpStrater?

  • It is semi-automated too. We don't have any plan to put it on the distribution version of OpStrater. 


2. What are factors we consider while posting outlook?
  • It includes following factors but not limited to:
    • Global market trend
    • FII and DII activities in Indian Market
    • Chart - Long term and short term trend
    • Price action based conclusions
    • Future and Options Chain data
    • Events

4 comments:

  1. Do I need to purchase option oracle separately

    ReplyDelete
  2. Hi Santhish,

    I am looking for Online Class enrollment.Please let me know the registration norms.

    ReplyDelete
  3. Sir please let me know about you next classroom session in Mumbai. I am eager to join

    ReplyDelete

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