To All Readers, Let Me First Disclaim ! My Posting Is To Caution all Potential "SPECULATORS" Thinking That We are "Investors". IT IS NOT INTENDED TO DEFAME ANYONE - PARTICULARLY THE OPERATOR.
First of All, a PhD candidate needs to undergo stringent processes going through several Academic Research Committee (at least 3 PhD at Professors Level) more than several times for panel approval of proposed Dissertation Research. From there, the Committee would need to review, debate and propose to the Top Academic Committee - usually comprising The University Vice-Chancellor, Pro- Vice Chancellor and other Senior Academics that specializes in the subject matter. In this case - Derivatives Market Specialist.
The better Schools for Options Trading will be those Nearer to Chicago, like Northwestern University where the Options Exchanges are located. Preston is not accredited. Broken the U.S . law and shifted to Southern state.Founded by Pakistan nationals. The operator in Singapore was selling that degree at about S$12k. An Accredited PhD would takes at least 3 years of Full-time research ( eat, sleep and XXX in the Campus).
Next, In Options Trading, those that trade big must have network within the exchange/s. You must have a pulse of the market- at all times! Using electronic tools to receive news may not be sufficient to results in Profitable trades all the time. Sometime, it could even back-fired.There are multiple exchanges located nationwide in the US, only those that invested heavily to receive data on total real-time trading volume from ALL the Exchanges CONSOLIDATED will be able to make more prudent trades. Others only have a tiny picture of what is happening.
Using Stock Screener or filters are more appropriate for investors with a longer term perspectives. Day Traders must be careful. Fundamental Analysis must be performed in-depth for each stock options. It takes at least a couple of years to master the skills .You need to know the business and the intricacy of that industry even if you are a short-term trader. If someone tells you you only need to do the technical; you better run - fast!
It took me many years to learn to invest and I am still learning. Anyone preaching 3 to 5 days of clicking and claim to make almost instant millionaires should be appointed to lead big Banks and GIC and Temasek Holdings, as well as go into the community to help poor-average Joe like me to achieve "freely" status.
Options Trading is a zero-sum game. There are lots of hidden mechanics that only those at Chicago knows. Unless you have the ability to loss, stay far far away. Good Luck and God Bless!