We did interviews with all Batt School students to help prepare for the art and talent show.
Session Minutes
60
Minutes Student Attended
60
Lesson Comments
Due to a scheduling error, I was assigned to both Sofia and Dutch for this hour (1:30-2:30pm). Nicole suggested that we work with Mr. Marcus to prepare for the art show scheduled for Friday, March 26th. We met with him and he asked us to take short videos of students explaining their art project. We used Sofia's phone and she was asked to send the videos to Mr. Marcus.
We worked on options strategies including call options on VLDR stock. We then discussed new trends with NFTs (non-fungible tokens) and how they are already trading for millions.
Session Minutes
60
Minutes Student Attended
60
Lesson Comments
Bobby was engaged today and very interested in NFTs and cryptocurrencies. We discussed options strategies and new business trends.
We discussed derivatives and why they are used using options as an example. We continue to monitor a set of stocks that Ayden has been following.
Session Minutes
30
Minutes Student Attended
30
Lesson Comments
Ayden was attentive and engaged during our session. He enjoys watching the markets each day to see which stocks are moving. He bought three stocks that were recommended by a family friend (SENS/VLDR/HEXO)
We set up a new spreadsheet shared on Teams as an Excel file to track five stocks with current prices and will build out additional data during the next sessions.
Session Minutes
60
Minutes Student Attended
60
Lesson Comments
Dutch is usually resistant to starting new work and today was no exception. That said, I was able to get him focused on tracking stock prices and building knowledge on investing.
Today we discussed the four major types of financial derivatives including swaps, options, forward contracts and futures contracts.
Session Minutes
60
Minutes Student Attended
60
Lesson Comments
We worked on derivatives concepts. I tried to use examples of each to help with understanding but this was difficult to do. Ayden does understand the general process of options contracts.
We began discussion of stock market structure and started a plan to track specific stocks and simulate trading.
Session Minutes
60
Minutes Student Attended
30
Lesson Comments
Dutch was picked up from school early so we only had 30 minutes today. He had a scraped up knee (from falling off his motorcycle) which appeared to be bothering him before he left.
Today we modeled a call option and a put option on the white board using GameStop (GME) as a model company. We priced and created payoff diagrams for the $190 strike call and put expiring April 9th, 2021.
Session Minutes
60
Minutes Student Attended
60
Lesson Comments
Ayden was quick to build the concepts on options payoff diagrams. He also indicated that seeing me trade actual options helped him to understand how they work.
We discussed the fundamentals of stock investing and how to calculate market capitalization. We then worked on understanding call options on stocks using RBLX $70 strike call options for $1.90 per share as an example for a payoff diagram.
Session Minutes
60
Minutes Student Attended
60
Lesson Comments
Sofia had some interest in financial markets, so we discussed key concepts with investing and understanding options using payoff diagrams.
We discussed risk relative to reward for options on GE and AMC stocks today. We drew the payoff diagrams on the whiteboard and looked at scenarios where options buyers would make or lose money.
Session Minutes
60
Minutes Student Attended
60
Lesson Comments
Ayden was very focused for this class today but he struggled with the payoff diagram in the beginning. We will work on more examples next week.