OPTIONS FOR
INCOME INVESTING
Required Skills:
Basics in Microsoft Excel
IT Savvy
Proficient in Mathematics
Course Fee: $139.52
Upcoming Course Dates :
23 April 2025 (7:30pm to 11pm) Conducted via Zoom
Unlock the potential of options investing and create a steady income stream with this comprehensive beginner-friendly course. In this course, Darren will demystify the basics of options and guide you through the core strategies of selling covered calls and cash-secured puts. Together, these strategies form the powerful Wheel Strategy—a method designed to generate regular income while managing risk. Whether you’re new to options or looking to deepen your understanding, this course will provide the knowledge, tools, and confidence you need to start your journey into options investing for income.
This course is ideal for anyone interested in generating income through options trading:
- New Investors Seeking Passive Income:
- Individuals looking for ways to generate consistent income from their investments.
- Those curious about options but with limited or no prior experience.
- Existing Stock Investors:
- Investors holding stocks who want to enhance their returns using covered calls and cash-secured puts.
- Risk-Conscious Investors:
- Individuals interested in strategies with defined risks and manageable loss potential.
- Long-Term Wealth Builders:
- Those aiming to incorporate a steady, income-focused component into their portfolio.
- Anyone Curious About Options Investing:
- Beginners eager to learn practical strategies in a step-by-step format.
Part 1: Foundations of Options Investing
- Introduction to Options
- What are options?
- Key terms and concepts: calls, puts, strike price, expiration date, premiums.
- Understanding options chains.
- Getting Started: Basics of Selling Options
- What it means to sell a covered call.
- What it means to sell a cash-secured put.
- Benefits and risks of each strategy.
- The Wheel Strategy Explained
- Overview of the wheel strategy.
- How the components (covered calls and cash-secured puts) work together.
- Identifying suitable stocks for the wheel strategy.
Part 2: Practical Application and Risk Management
- Executing the Wheel Strategy
- Step-by-step walkthrough of setting up a covered call.
- Step-by-step walkthrough of setting up a cash-secured put.
- What to do if the stock price moves against you.
- Risk Management in Options
- How to minimize losses and generate regular income.
- Adjusting your strategy based on market conditions.
- Importance of portfolio diversification.
- Advanced Insights for Beginners
- Common pitfalls and how to avoid them.
- Tips for managing emotions and sticking to your plan.
- Tools for tracking and analyzing options performance.
Darren graduated from NTU with a Second Upper Honors degree in Mechanical Engineering. Besides that, he also acquired a degree in Chinese Language and Culture, and a Graduate Diploma in Financial Management to further pursue his interest. He then made a career switch from the engineering field to join the financial services industry in 2005 and he specializes in performing Comprehensive Financial Planning, Wealth Management and Investment Planning. In his maiden year of joining this industry, he achieved the Top 10 Advisers Award. Other awards that he had attained include the Million Dollar Round Table, Chairman’s Roundtable and Phillip Elite.
Darren is very active in conducting seminars educating the public on the financial literacy. He believes that through sound financial planning, he can help his clients accumulate wealth and attain their perfect lifestyle. He has been invited on radio stations 93.8Live and Capital 95.8FM, as well as several live interviews on Channel News Asia – Asia Business First where he shares his views on the market.
Course Fee Breakdown:
| Course Fee | $128 |
| Add 9% GST | $11.52 |
| Total fee payable by self-funded individual | $139.52 |
Participants are eligible for IBF enhanced course fee subsidies up to 70%.
Eligible Individuals Include:
- Company-sponsored individuals or self-sponsored participants
- Singapore Citizens or Singapore Permanent Residents, physically based in Singapore
- Successfully completed IBF-STS recognized programme (Achieve min. 75% attendance and pass all assessment components)
For company-sponsored individuals
Programme(s) Commencing from1 July 2022 onwards
below the age of 40 & Singapore Permanent Residents of all age groups
| Lifetime Income Mastery Course Fee | $1,500 |
| Add 8% GST | $120 |
| Deduct Enhanced Funding Support (50%) – Not including GST | $750 |
| Total fee payable by company-funded individual | $870 |
Aged 40 and above
| Lifetime Income Mastery Course Fee | $1,500 |
| Add 8% GST | $120 |
| Deduct Enhanced Funding Support (70%) – Not including GST | $1050 |
| Total fee payable by company-funded individual | $570 |
This support is in addition to wage support provided under the Job Support Scheme, announced at the Resilience and Solidarity Budgets.
For more information, please refer to the links above in “this course eligible for”.
- IBF & SkillsFuture Programme Code
TGS-2022600165