Beginner Course
- Lesson 1 What Are Options? Understand what an options contract is, how it works, and why traders use them. Start lesson
- Lesson 2 How Options Contracts Work The mechanics of an options contract: size, expiration, and obligation. Start lesson
- Lesson 3 Call Options Explained Everything you need to know about call options and the right to buy. Start lesson
- Lesson 4 Put Options Explained Everything you need to know about put options and the right to sell. Start lesson
- Lesson 5 Buying vs Selling Options The fundamental difference between being a buyer and a seller. Start lesson
- Lesson 6 Strike Price Explained How to pick a strike price and what it means for your trade. Start lesson
- Lesson 7 Expiration Dates Weekly, monthly, and LEAPS expirations and when to use each. Start lesson
- Lesson 8 Option Premium What makes up the price of an option and why it changes. Start lesson
- Lesson 9 ITM, ATM, and OTM How moneyness works and why it affects everything. Start lesson
- Lesson 10 How to Read an Option Chain Break down a real option chain: strikes, bids, asks, volume, and open interest. Start lesson
- Lesson 11 Intrinsic vs Extrinsic Value The two components that make up every option's price. Start lesson
- Lesson 12 Delta Explained How delta measures your option's sensitivity to stock price movement. Start lesson
- Lesson 13 Theta and Time Decay How options lose value every day and what that means for your trades. Start lesson
- Lesson 14 Gamma and Vega Two more Greeks that affect your positions in important ways. Start lesson
- Lesson 15 How Option Prices Move What actually drives option prices up and down day to day. Start lesson
- Lesson 16 Implied Volatility for Beginners What IV is, why it matters, and how to read it. Start lesson
- Lesson 17 Your First Options Trade A complete walkthrough from picking a stock to closing the position. Start lesson
- Lesson 18 How to Close an Options Position Sell to close, buy to close, and when to let options expire. Start lesson
- Lesson 19 Paper Trading How to practice trading without risking real money. Start lesson
- Lesson 20 Common Beginner Mistakes The most expensive mistakes new options traders make, and how to avoid them. Start lesson
Intermediate Course
- Lesson 1 What Are Spreads? Why traders use spreads and how they limit risk and cost. Start lesson
- Lesson 2 Bull Call Spread Buy a call, sell a higher call: a defined-risk bullish trade. Start lesson
- Lesson 3 Bear Put Spread Buy a put, sell a lower put: a defined-risk bearish trade. Start lesson
- Lesson 4 Bull Put Spread (Credit Spread) Sell a put, buy a lower put: collect credit if the stock stays up. Start lesson
- Lesson 5 Bear Call Spread (Credit Spread) Sell a call, buy a higher call: collect credit if the stock stays down. Start lesson
- Lesson 6 Debit Spreads vs Credit Spreads When to pay for a spread vs when to collect premium. Start lesson
- Lesson 7 Iron Condor: Setup and Mechanics Sell both sides of the market with a defined-risk neutral strategy. Start lesson
- Lesson 8 Iron Butterfly: Setup and Mechanics A tighter version of the iron condor with higher premium. Start lesson
- Lesson 9 Calendar Spreads Trade time decay across different expiration dates. Start lesson
- Lesson 10 Diagonal Spreads Combine different strikes and expirations in one spread. Start lesson
- Lesson 11 Straddles and Strangles Profit from big moves in either direction. Start lesson
- Lesson 12 How to Pick Strike Prices A framework for choosing the right strikes for any strategy. Start lesson
- Lesson 13 How to Choose Expiration Dates The trade-offs between short-term and long-term options. Start lesson
- Lesson 14 Managing Winning Trades When to take profits and why 50% is often the right target. Start lesson
- Lesson 15 Managing Losing Trades When to cut losses and when to hold through drawdowns. Start lesson
- Lesson 16 Rolling Options: How and When Extending trades by rolling to new strikes or expirations. Start lesson
- Lesson 17 Trade Adjustments How to adjust positions when the market moves against you. Start lesson
- Lesson 18 Earnings Trades: What to Know How to trade options around earnings announcements. Start lesson
- Lesson 19 IV Rank and IV Percentile How to measure whether implied volatility is high or low. Start lesson
- Lesson 20 Building a Trade Plan How to create rules for entries, exits, and position sizing. Start lesson
Advanced Course
- Lesson 1 Selling Premium for Income Why selling options can be more consistent than buying them. Start lesson
- Lesson 2 Covered Calls Deep Dive Advanced covered call strategies and management techniques. Start lesson
- Lesson 3 Cash-Secured Puts Deep Dive Using puts to buy stocks at a discount while collecting income. Start lesson
- Lesson 4 The Wheel Strategy The full put-sell, assignment, call-sell cycle explained and optimized. Start lesson
- Lesson 5 Selling Strangles Advanced premium selling with undefined risk and high probability. Start lesson
- Lesson 6 Portfolio Margin vs Reg-T How portfolio margin works and when to upgrade. Start lesson
- Lesson 7 Position Sizing: How Much to Risk Rules and frameworks for sizing every trade properly. Start lesson
- Lesson 8 Portfolio Greeks: Managing the Big Picture How to read and manage Greeks across your entire portfolio. Start lesson
- Lesson 9 Hedging with Options Using options to protect stock positions and reduce portfolio risk. Start lesson
- Lesson 10 Trading Volatility: High IV vs Low IV Frameworks for choosing strategies based on volatility environment. Start lesson
- Lesson 11 Volatility Skew in Practice How to read and trade the volatility skew across strikes. Start lesson
- Lesson 12 LEAPS: Long-Term Options Using long-dated options for leverage and income strategies. Start lesson
- Lesson 13 Options on ETFs and Indexes Trading SPY, SPX, QQQ, and index options vs stock options. Start lesson
- Lesson 14 0DTE Options: Same Day Expiration The risks and opportunities of zero days to expiration trading. Start lesson
- Lesson 15 Tax Implications of Options Trading How options are taxed and strategies to minimize your tax bill. Start lesson
- Lesson 16 Backtesting Strategies How to test strategies against historical data before risking real money. Start lesson
- Lesson 17 Trading Psychology: Fear and Greed Managing emotions and building the mental game. Start lesson
- Lesson 18 Building a Trading Journal How to track and review your trades to improve over time. Start lesson
- Lesson 19 Scaling Up: Growing Your Account How to safely increase position sizes as your account grows. Start lesson
- Lesson 20 Common Advanced Mistakes Mistakes experienced traders still make and how to avoid them. Start lesson
Options Crash Course
- Lesson 1 What Are Options? Understand what an options contract is, how it works, and why traders use them. Start lesson
- Lesson 2 How Options Contracts Work The mechanics of an options contract: size, expiration, and obligation. Start lesson
- Lesson 3 Call Options Explained Everything you need to know about call options and the right to buy. Start lesson
- Lesson 4 Put Options Explained Everything you need to know about put options and the right to sell. Start lesson
- Lesson 5 Buying vs Selling Options The fundamental difference between being a buyer and a seller. Start lesson
- Lesson 6 Strike Price Explained How to pick a strike price and what it means for your trade. Start lesson
- Lesson 7 Expiration Dates Weekly, monthly, and LEAPS expirations and when to use each. Start lesson
- Lesson 8 Option Premium What makes up the price of an option and why it changes. Start lesson
- Lesson 9 ITM, ATM, and OTM How moneyness works and why it affects everything. Start lesson
- Lesson 10 How to Read an Option Chain Break down a real option chain: strikes, bids, asks, volume, and open interest. Start lesson
- Lesson 11 Your First Options Trade A complete walkthrough from picking a stock to closing the position. Start lesson
- Lesson 12 How to Close an Options Position Sell to close, buy to close, and when to let options expire. Start lesson
Income Trading
- Lesson 1 Selling Premium for Income Learn how selling options premium works and why it can be more consistent than buying. Start lesson
- Lesson 2 Covered Calls Deep Dive A complete guide to selling calls against stock you own for monthly income. Start lesson
- Lesson 3 Cash-Secured Puts Deep Dive Get paid to buy stocks you want at a discount to today's price. Start lesson
- Lesson 4 The Wheel Strategy Loop cash-secured puts and covered calls into one repeating income cycle. Start lesson
- Lesson 5 Debit Spreads vs Credit Spreads The one-question framework for when to pay for a spread and when to get paid for one. Start lesson
- Lesson 6 Bull Put Spread (Credit Spread) Sell a put, buy a lower put: collect credit if the stock holds up. Start lesson
- Lesson 7 Bear Call Spread (Credit Spread) Sell a call, buy a higher call: collect credit if the stock stays down. Start lesson
- Lesson 8 Iron Condor: Setup and Mechanics Sell both sides of the market with a defined-risk neutral strategy. Start lesson
- Lesson 9 Selling Strangles The pro's high-probability premium trade, and the undefined risk it demands you respect. Start lesson
- Lesson 10 Managing and Rolling Income Trades How to handle assignment and roll a short option to a new strike or date. Start lesson
- Lesson 11 Choosing Strikes and Expirations for Income Trades A framework for picking strikes and expirations when you are selling premium. Start lesson
- Lesson 12 Common Income Trading Mistakes The most costly mistakes premium sellers make, and how to avoid them. Start lesson
Volatility Trading
- Lesson 1 Implied Volatility for Beginners What IV is, why it matters, and how to read it. Start lesson
- Lesson 2 Understanding the VIX What the VIX actually measures, and how traders use it as a fear gauge. Start lesson
- Lesson 3 IV Rank and IV Percentile How to measure whether implied volatility is high or low right now. Start lesson
- Lesson 4 Volatility Crush Around Earnings Why options can lose money even when you call the direction right. Start lesson
- Lesson 5 Straddles and Strangles Profit from a big move in either direction, without picking a side. Start lesson
- Lesson 6 Trading Volatility: High IV vs Low IV The master rule: sell premium when IV is high, buy when it is low. Start lesson
- Lesson 7 Selling Strangles The pro's high-probability premium trade, and the undefined risk it demands you respect. Start lesson
- Lesson 8 Volatility Skew in Practice Why downside puts carry higher implied volatility than upside calls. Start lesson
- Lesson 9 0DTE Options: Same Day Expiration The risks and opportunities of zero days to expiration trading. Start lesson
- Lesson 10 Hedging Portfolios with Volatility Using volatility itself, not just puts, to protect a portfolio. Start lesson
Risk Management
- Lesson 1 Position Sizing: How Much to Risk Size every trade so no single loss can hurt you. Start lesson
- Lesson 2 Building a Trade Plan A repeatable five-question checklist for entries, exits, and sizing. Start lesson
- Lesson 3 Managing Winning Trades When to take profit and why 50% is often the right target. Start lesson
- Lesson 4 Managing Losing Trades When to cut losses and when to hold through drawdowns. Start lesson
- Lesson 5 Rolling Options: How and When Extending trades by rolling to new strikes or expirations. Start lesson
- Lesson 6 Trade Adjustments How to repair a tested position without closing it entirely. Start lesson
- Lesson 7 Portfolio Greeks: Managing the Big Picture Read your whole account as one position through net delta, theta, and vega. Start lesson
- Lesson 8 Hedging with Options Protective puts, collars, and index hedges for the positions you own. Start lesson
- Lesson 9 Trading Psychology: Fear and Greed How fear and greed sabotage good plans, and the tools that keep you disciplined. Start lesson
- Lesson 10 Building a Trading Journal Turn your trades into data, and your data into a real, improving edge. Start lesson
- Lesson 11 Common Risk Management Mistakes The most costly mistakes traders make managing risk, and how to avoid them. Start lesson