
$80.00 $699.00
Learn to trade Risk Reversals for low-volatility markets. Pro strategies from a veteran CBOE floor trader, JL Lord.
A Risk Reversal is perhaps the ideal strategy for a directional trade that is more forging than a long option or vertical spread. By strategically placing a long vertical call spread and a short put spread (or the reverse), traders mitigate volatility, skew and time premium risk associated with a directional trade such as a vertical spread, while allowing a huge room for the market to move in the wrong direction without a loss. That doesn’t happen with a long call or put spread.
The key to this trade is the correct selection of strike prices, width of vertical spreads, expiration dates, and adjustment/hedging techniques. Perhaps this is why so many large traders and firms use this strategy as a speculation and hedging tool.
This is a strategy we are going to be using very often in POT classes during this low volatility environment that is frustrating most traders. Why? It can implemented in any market condition, and it ideal for overbought and over sold market conditions.
About the Salepage
We teach stock, options, index, and futures trading with real strategies used by pros. Our instructors—retired floor traders and fund managers—offer transparent, hands-on training through classes, webinars, and workshops.
Unlike others, STRATAGEM shows every trade, win or loss. No cherry-picking—just honest, practical lessons that build real trading skills.
About the Author
Scott (aka JL Lord) is a retired floor trader (CBOE) with over 20 years of extensive experience and expertise in leading others in their trading education journey on the subtleties of stock, commodity, currency, index and option trading.
He rose to prominence as the lead instructor/head trader for option education companies such as TradeSecrets, Optionetics, and Random Walk. His many accolades and accomplishments include authoring over 15 books, textbooks and course manuals under the nom de plume J.L. Lord.
RELATED COURSES
VIEW ALL-
Advanced Option Course – Learn Options$30.00$199.00Advanced Option Course – Learn OptionsUpdate 13 Jan 2026An advanced options course explaining volatility, VIX, OPEX, and gamma positioning to help traders navigate extreme market conditions confidently.
Add to wishlist -
True Momentum System – Simplertrading$140.00$1,297.00True Momentum System – SimplertradingUpdate 12 Mar 2024Sam unveils a system that automatically adapts to both trending and non-trending conditions, eliminating subjective analysis. Through innovative tools like Trend Oscillator Pro X, Hi Lo Pro X, and True Momentum Score.
Add to wishlist -
Amazing Option Butterfly, Long Condors & More Trading Workshop – Power Cycle Trading$39.00$397.00Amazing Option Butterfly, Long Condors & More Trading Workshop – Power Cycle TradingUpdate 29 Jun 2022IntermediateAmazing Option Butterfly, Long Condors & More Trading Workshop – Power Cycle Trading teaches you how to turn a failed trade into a potentially profitable one. A wide range of topics of the course will push your trading education to the next level immediately.
Add to wishlist -
John Locke – Broken Wing Butterfly Master Track Series$15.00$1,295.00John Locke – Broken Wing Butterfly Master Track SeriesUpdate 06 Jul 2022All LevelsBroken Wing Butterfly Master Track Series by John Locke shares the application of this options strategy and the tips for getting the best out of it.
Add to wishlist -
Trading For A Living: The Complete Stocks and Options Trading Course by Dr. Stoxx$249.00$2,997.00Trading For A Living: The Complete Stocks and Options Trading Course by Dr. StoxxUpdate 15 Jul 2022Trading For A Living: The Complete Stocks & Options Trading Course by Dr. Stoxx provides you with resources available at your fingertips for success as a trader.
Add to wishlist -
Options Swing Trading Course – Warrior Trading$89.00$1,299.00Options Swing Trading Course – Warrior TradingUpdate 21 Sep 2022All LevelsOptions Swing Trading Course by Warrior Trading builds a solid foundation of swing trading stocks and options. The combination between theory instructions and case studies can help you be less surprised when applying frameworks to real-world trading.
Add to wishlist