Options Structuring Tutorial
Professional Options Trading Masterclass (POTM) 2.0
The POTM 2.0 Video Series has launched Q4 2025.
A completely remastered program.
33 Videos (Core) + College / Library Section 5x Videos + multiple Spreadsheet resources.
.., including a lot of information that we have been teaching in our Remote & Thailand Trader Mentoring Programs since 2018.
All the results you see us get on Mentoring Programs come from the PTM Series and the content released in the POTM 2.0 Series.
* NOTE: If you subscribe to the IPLT Video Series then want to upgrade, then you will be classed as Alumni. If you intend to upgrade just go for it and get the full package!
ITPM London Super Conference
To buy a private ticket you need to message us;www.itpm.com/contact/ Tell us which ticket type you want in your message, and you will receive a PayPal link
Group Level
Starting Capital = $3.5mln approx.
After 12 Weeks = $4.5mln approx.
12 Weeks Profits = $1mln approx.
Av’ Return = 27.83%
Av’ Outperformance = 17.43%
Av’ W/L Rate = 62%/38%
Av’ R-Score = 1.83
10 Day Pre-Mentoring Program Preparation
Thailand November 5th till 14th 2026
November 2026
Includes;-
• IPLT – 12 Months
• PTM – 12 Months
• POTM 2.0 – 12 Months
• PFTM – 12 Months
• 12 Months Society@ITPM Discord access
• 12 Months Data Management Subscription
• 4 X 7 hours Classrooms = 28 hours
• 4 X 6 hours group work = 24 hours
• 10 Days with Anton & Edward
• Accommodation, Transport, Food & Beverages,
• 12 weeks live trading Mentoring Program
• Individual Track Record
Price On Application (POA)
Edward Shek and Jason Mcdonald 12x places remaining
We are now accepting bookings for Q3 2026 Remote Trader Mentoring Programs starting in the first week of July.
Remote Trader Mentoring Programs are held for 12 weeks over ZOOM with ITPM Senior Trading Mentors.
Preparation training given 2 weeks before starting by assigned Junior Mentor followed by 1x fortnightly call 60-120 mins with chosen Senior Mentor.
Includes the following;-
All Online Programs, 12 Months Data, 12 Weeks Mentoring Program and 6x Months Society@ITPM Discord access
Note:
• Anton Kreil does not deliver Mentoring Programs. He only teaches in the classroom in Thailand.
• Remote Programs are delivered by ITPM Senior Trading Mentors according to the official 12 week Mentoring Program Curriculum designed by Anton Kreil.
Jason Mcdonald Resume / CV
1992 - 1993 – Barclays de Zoete Wedd (Barclays Capital)
1993 - 2000 – Modal Capital ($2bn portfolio)
2000 - 2003 – MAKO Global Derivatives ($200m portfolio)
2004 - 2005 – Commerzbank (Global multi asset class, $2bn portfolio)
2006 – Lehman Brothers (Equity Proprietary Trading, $500m portfolio)
2007 - 2008 – Toronto Dominion Bank (Global Long/Short Equity Prop trading, $500m portfolio)
Jason Mcdonald Resume / CV
1992 - 1993 – Barclays de Zoete Wedd (Barclays Capital)
1993 - 2000 – Modal Capital ($2bn portfolio)
2000 - 2003 – MAKO Global Derivatives ($200m portfolio)
2004 - 2005 – Commerzbank (Global multi asset class, $2bn portfolio)
2006 – Lehman Brothers (Equity Proprietary Trading, $500m portfolio)
2007 - 2008 – Toronto Dominion Bank (Global Long/Short Equity Prop trading, $500m portfolio)
What is the ITPM Business Model?
The ITPM Business Model is 20-60 Day Long / Short Equity Options Portfolio Management
We are Directional Options Traders
Meaning, we have a universe of Long and Short Stock Trade Ideas then we express these views using Options
Long Trade Ideas are expressed with Call Options Structures
Short Trade Ideas are expressed with Put Options Structures
We build Portfolios of Long and Short Trades
We make money when the markets go up and down!
We make outsized returns because Options provide leverage and amplify a Stocks move
We also have Reward to Risk Asymmetry i.e. Downside is what we bet on a position (100%) and upside is theoretical
infinity (Calls) or very large (Puts)
The Structuring and Risk Bucket …
Trade Ideas
Structuring and Risk Management
PRM + RRM
Directional Options Structuring
As discussed, today we will not be going through how we arrive at a Trade Idea
All you have to know about our approach to Trade Idea generation today is that we are 90% Fundamental and 10% TA and PA (for timing only)
The full Trade Idea generation process is available in the PTM Video Series
We will show you the methodology of how tto choose an Options Structure for an actionable Trade Idea
The full suite of Options Structures, building an Options Portfolio and the Business Model approach is available in the POTM Video Series
How Professional Traders Trade Options is very different to Retail Traders
It is much more nuanced, sophisticated and small things can make a huge difference!
Lets look at an Options Chain assuming you are Bullish TSLA …
Options Structures / Model Portfolio (Bullish)
Stock Volatility Leveraged with Options
Longs (Call Structures)
Position 1 ($51) = Long $50 Strike in May / Short $55 Strike in Mar = Classic Calendar Spread
Position 2 ($189) = Long $200 Strike in Jun/ Short $220Strike in May = Classic Calendar Spread (ONTO)
Position 3 ($37) = Long $40 Strike in Jun / Short $50 Strike in Jun = Vertical Spread
Position 4 ($94) = Long $110 Strike in Nov / Short $135 Strike in Aug = Classic Calendar Spread (CRDO)
Position 5 ($76) = Long $75 Strike in Apr / Short $74 Strike in Mar = Inverted Calendar Spread
Position 6 ($27) = Long $30 Strike in Sept = Outright Long Call
Shorts (Put Structures)
Position 7 ($187) = Long $180 Strike in Jun / Short $175 Strike in Apr = Classic Calendar Spread
Position 8 ($125) = Long $120 Strike in Jul / Short $115 Strike in May = Classic Calendar Spread
Position 9 ($39) = Long $35 Strike in May / Short $35.50 Strike in Mar = Inverted Calendar Spread
Position 10 ($171) = Long $165 Strike in Jun / Short $145 Strike in Jun = Vertical Spread (XOM)
Position 11 ($87) = Long $80 Strike in Jun / Short $70 Strike in Jun = Vertical Spread (Tail Risk)
We make money whatever the Economy is doing and whatever the Market Direction is (Agnostic) !!!
As Directional Options Traders we aim for the BIG money!
We set-up and run a business model to take advantage of;-
1. 20-60 Day Volatility with some Tail Risk
2. Reward to Risk Asymmetry
Our business model is very simple and effective …
Minimal to zero risk due to Agnostic Spreads, Credit Collection protecting downside, unlimited upside and compounded monthly returns
If you want to become an incredible Options Trader in the same way that Professional Traders and ITPM do it you can achieve it in 12-18 months
3 months online programs + 12 months LIVE trading with REAL money, getting statistical significance in your trading performance