Option Trading Classes in Pune
Our option trading classes in Pune teach futures and options the careful way. You'll learn how every contract works, what can go wrong, and how to build strategies where you know your worst case before you enter.
- Duration
- 6 weeks
- Schedule
- Weekend or weekday evening
- Mode
- Classroom · Online
- Language
- English · मराठी
- Batches
- New batch every month
Futures and options trading classes, taught risk first
Options look cheap, which is exactly why they're dangerous. A small premium controls a large position, and leverage works in both directions. SEBI's own studies have found that around nine out of ten individual traders in futures and options lose money. Most of them never learned how the contracts actually behave.
This course starts with futures, lot sizes, margin and open interest, then moves to calls, puts and the option chain. Only after that do we cover IV, the Greeks and strategies. Every strategy is taught with its maximum loss worked out first, whether it's a simple spread, an iron condor or a hedge for a portfolio you already hold. All practice is on past data and paper trades.
This course is for you if
- You understand market basics and can read a chart
- You want to know how options really work, not just buy cheap ones
- You want to hedge investments you already hold
- You're willing to work out the worst case before every trade
It's not for you if
- You're new to the market (start with our beginner course)
- You want to turn a small amount into a big one quickly
- You're looking for option tips or 'jackpot' trades
- You won't size positions to a fixed, small risk
How our option trading classes in Pune are run
Payoff first, trade second
Every strategy starts on the whiteboard as a payoff diagram. Nobody discusses entering a trade until the whole batch can point to the maximum loss.
Past option chains, not live ones
We study option chains and premiums from past expiries, so you can see how IV and time decay actually behaved, without pressure to act.
Small groups for a hard topic
Options take longer to click than anything else we teach. Batches stay small, and Sharad reviews each student's strategy sheets every week.
Futures and options course syllabus: six modules
Six weeks of live teaching, one module a week, plus weekly practice. Tap a module to see what's inside.
Download the full syllabus (PDF) ↓01 Futures basics Week 1
- What a futures contract is
- Lot size, margin and leverage
- Mark-to-market and why losses can grow
- Rollover and expiry
02 Open interest and market data Week 2
- Open interest and what it tells you
- Reading the futures and options data
- PCR and how traders misuse it
- When not to trade derivatives
03 Calls, puts and the option chain Week 3
- Calls and puts in plain words
- Strike price, premium and expiry
- Reading an option chain
- Buying vs selling options
04 IV and the Greeks Week 4
- Implied volatility and why premiums change
- Delta, gamma, theta and vega
- Time decay and the last week of expiry
- Why cheap options usually expire worthless
05 Option strategies Week 5
- Bull and bear spreads
- Iron condor and butterfly
- Straddle and strangle
- Payoff diagrams and break-even
06 Hedging and maximum loss Week 6
- Hedging a portfolio with puts
- Defining maximum loss on every trade
- Position sizing for derivatives
- Your F&O journal and review
F&O terms you'll learn to use
- Call option
- The right, not the obligation, to buy at a set price before expiry. Buyers profit if the price rises enough.
- Put option
- The right to sell at a set price before expiry. Often used to protect shares you already own.
- Strike price
- The price written into the option contract. Where it sits compared to the market decides most of the premium.
- Break-even
- The price the underlying has to reach for a trade to stop losing money, after the premium.
- Implied volatility (IV)
- The market's guess of how much prices will move. High IV makes options expensive.
- Open interest
- The number of contracts still open. Rising OI shows new money coming in, not direction by itself.
- Delta and theta
- Delta shows how much an option moves with the price. Theta shows how much value it loses each day.
- Time decay
- Options lose value as expiry gets closer. It hurts buyers and helps sellers, until it doesn't.
- Maximum loss
- The worst outcome of a trade, worked out before you enter. Every strategy in class has one.
- Lot size and margin
- Options and futures trade in fixed lots. Margin is the money blocked to hold a position.
Walk through a real case, one line at a time
Every strategy in class is written up on the same seven-line sheet and replayed on past data. This one lost money. We teach it anyway, because it shows why defining your maximum loss matters.
- Market data at least 30 days old, per SEBI's education rules
- Losing trades on the board, not just the winners
- Paper-traded first, so the habit forms before real money
We describe the setup in plain words first. The index had been rising for weeks, and option prices were cheap because implied volatility was low.
The index pulls back to its average. Instead of buying futures, we look for a defined-risk way to express the same view.
We buy a call near the current price and sell a higher strike call. The sold call reduces cost and caps both profit and loss.
The worst case is known before entry: the net premium. The position is sized so that losing all of it would cost 1% of capital.
A gap down on global news takes the index below our exit level. The spread is closed at the open. It has lost 40% of its value, not all of it.
Because the risk was defined, the gap cost 0.4 of the planned risk. A naked futures position would have lost far more in the same gap.
The view was reasonable, the market had other plans. That's normal. The lesson is to use spreads and hedges so a surprise costs a little, never everything.
Tools you'll use in our F&O classes
Options need a few specific tools: an option chain, a payoff calculator and a calendar for expiries. All are free, and we set them up in week one.
Everything included in the option trading course
Option trading class timings and course details
Weekend and weekday evening batches both run the full six-week derivatives syllabus. Because options build on each other, we recommend not switching batches mid-course.
New batches start every month. Ask on WhatsApp for the next one.
Sharad Gaikwad
Sharad treats every option like what it is: a leveraged contract with a known worst case. In class he makes you calculate that worst case yourself before any strategy is discussed.
"If you can't say your maximum loss before you enter an options trade, you don't understand the trade yet."
How to choose F&O classes in Pune
F&O courses are where the biggest promises and the biggest losses live. These six questions help you separate careful teaching from sales pitches.
Read our full comparison of Pune institutes →- 01 Do they teach futures before options? Understanding leverage and margin comes first. Skipping it is how people get hurt.
- 02 Is maximum loss taught for every strategy? Every strategy should come with its worst case and a payoff diagram.
- 03 Do they mention SEBI's F&O loss data? An honest course tells you most F&O traders lose money.
- 04 Do they trade live in class? SEBI requires education to use data at least 30 days old. Live option calls are a warning sign.
- 05 Do they push option buying as a shortcut? 'Turn ₹5,000 into ₹50,000' with options is a red flag.
- 06 Is technical analysis required first? A serious options course expects you to read charts before you trade derivatives.
Are these option trading classes in Pune for beginners?
No. This is our advanced course. You should understand market basics and technical analysis first. If you're new, start with Equity Market Basics and Technical Analysis, then come to options with a strong foundation.
Do you teach both futures and options?
Yes. The first two weeks cover futures, lot sizes, margin, leverage, open interest and rollover. The next four weeks cover options, the Greeks, strategies and hedging.
Is option trading risky?
Yes. SEBI's studies have found that around nine out of ten individual F&O traders lose money. This course teaches you how the contracts work and how to define your maximum loss, so you understand the risk before you take it.
Will I learn option selling?
Yes, we cover how option selling works and why it carries large risk. Every selling strategy is taught with a hedge, so the maximum loss is always defined.
Do you trade live in class?
No. SEBI's rules for education require market data to be at least 30 days old, and we follow them. All practice uses past data and paper trades.
How long is the options course?
It runs for 6 weeks, one module a week. Weekend batches meet on Saturday and Sunday, and weekday batches meet on Tuesday and Thursday evenings from 7:30 pm. New batches start every month.
Can I join the F&O classes online?
Yes. Every batch runs live online alongside the Katraj classroom, and all sessions are recorded.
Is it taught in Marathi?
Yes. Concepts are explained in Marathi and English. Terms like strike, premium and delta stay in English as they appear on screen.
Do you give option tips or calls?
No. We are an education institute, not a SEBI-registered adviser. We never share option tips, calls or trade alerts.
How do I get fee details?
We share fee details at the free demo class or on WhatsApp, along with what the group and 1-to-1 plans include.
Where to go after the options course
Want a stronger chart foundation first? Start with our chart-reading course, or browse all share market classes in Pune.
Sit in on an options class first.
A free demo lecture, in the classroom or online. Bring your questions.