10:15 – 10:30: Why Hedge High-Growth Stocks?

• Objective: Explain the risks and rewards of growth investing and why hedging is essential.
• Key Topics:
• Growth stocks: High upside but inherently risky. Learn why earnings have such sizeable market reactions
• Asymmetry of losses
• Hedging as a solution: Balancing growth potential with risk management.
• Real-world examples.

10:30 – 11:15: Introduction to Options

• Part 1 (10:30 – 10:45): What Are Options?
  • Calls and puts explained with relatable metaphors
  • Payoff charts: Visualizing profit and loss scenarios for calls, puts, and protective strategies
• Objective: Provide a foundational understanding of options and their uses.
• Key Topics:
• Part 2 (10:45 – 11:15): Options Pricing Basics
  • Volatility (historical vs. implied) and its role in pricing.
  • The Greeks (Delta, Gamma, Theta, Vega): Practical insights and real-world applications.
  • Recognizing fair pricing: Assessing IV spikes and volatility crush during earnings
• Objective: Introduce the core components of options pricing in easy to understand and relatable terms.
• Key Topics:

11:15 – 12:00: Advanced Strategies for Hedging

• Objective: Teach participants how to hedge effectively during high-risk periods.
• Key Topics:
• Defensive puts: Cap downside risk while retaining upside potential.
• Selling deep in-the-money (ITM) calls: Generate income while reducing volatility exposure.
• Real-world scenarios

Lunch Break (12:00 PM – 1:00 PM)

1:00 – 1:30: Timing and Managing Costs of Defensive Hedges

• Objective: Teach participants how to time and manage costs effectively.
• Key Topics:
• Timing tools
• Balancing time decay and IV costs: When to hedge for maximum effectiveness.
• Practical examples

1:30 – 2:00: Extension Hedging, Leveraging Puts, and Removing Hedges

• Objective: Show participants how to hedge extensions, leverage puts, and strategically remove hedges.
• Key Topics:
• Using OTM puts for extension hedging during speculative peaks.
• Removing hedges:
• Sell the put for profit when confident.
• Exercise the put if stock fundamentals fail.
• Write puts if bullish but uncertain about the depth of correction.
• Combining defensive and offensive roles for portfolio optimization

2:00 – 2:30: Smoothing the Equity Curve with Combined Strategies

• Objective: Integrate defensive and offensive strategies for consistent portfolio growth.
• Key Topics:
• Benefits of combining trend-following growth strategies with countertrend hedges.
• Tools and workflows for implementing combined strategies.
• Portfolio scenarios: Unhedged vs. hedged

2:30 – 3:00: Case Studies on Earnings and Extension Hedging

• Objective: Reinforce lessons with real-world examples.
• Key Topics:
• Earnings season hedging
• Extension hedging
• Scenario walkthroughs

Closing (3:00 PM – 4:00 PM): Recap, Action Plan, and Q&A

• Objective: Summarize key lessons, provide actionable next steps, and address final questions.
• Key Topics:
• Recap of defensive and offensive strategies.
• Action plan: Start small, use provided tools, refine strategies.