Paul McLaren

Enhance Your Options Pty Ltd

Paul is the managing director of Enhance Your Options Pty Ltd, a company specialising in options education and training.
Paul’s education and career is both broad and varied. He has worked as a farm manager, life insurance agent, high school teacher (Fiji), university tutor and lecturer, IT training manager (UK) and organisational change manager (AUS). It from this background, that he brings a very different perspective to most things that he applies himself to, financial education being one of them.
Having returned from 9 years living in the UK to his Australian homeland in 2012, he decided to fill a niche that he saw in the area of providing quality financial education and training, particularly as it relates to options trading.
Not content to produce just another options trading course, he applied his skills and expertise in data manipulation and proven learning concepts to develop courses that enrich the learning experience. To facilitate this, a number of proprietary options training tools have been developed, the flagship of which is the RoToR Payoff Diagram®.
These tools and the courses that are based around them, are the culmination of 25 years’ experience in adult education and training, technical analysis skills and over twenty years’ experience in investing and trading, and a life of seeing things from a different perspective to others.
Paul is an experienced and highly regarded speaker having delivered presentations in Australia, United Kingdom, Egypt, Malaysia and New Zealand and presented global webinars for the MTA and IFTA.

 

 

ABSTRACT

The RoToR Payoff Diagram®: Distinguishing what’s probable from what’s possible

The RoToR Payoff Diagram® addresses the following key deficiencies inherent in the traditional payoff diagram.
1) Market Outlook – It allows the Technical Analyst a means of reconciling the historical price action of the underlying instrument and any inferences that (s)he may have on the future direction and momentum of the trade, with a quick visual guide to the zone(s) of prices necessary for a profitable options strategy trade.
2) Market Volatility – It allows the Technical Analyst to make an assessment about the underlying instrument’s historical volatility and trend in terms of a suitable options strategy.
3) Likely Outcomes – Using the Volume At Price technical indicator as the basis for the probability distribution function (pdf) of the Underlying Instrument’s future price, the Expected Monetary Value allows for the direct comparison of various options strategies, so that a strategy with limited risk and unlimited profit can be usefully compared against a strategy that has limited risk and limited profit.
The presentation will describe the key attributes of the RoToR Payoff Diagram® and highlight future developments.