Start from Zero

Beginner Options Trading Course

Learn what options are, how they work, and how to place your first trade with confidence.

Course lessons

20 lessons · free forever

01 What Are Options? Understand what an options contract is, how it works, and why traders use them.
02 How Options Contracts Work The mechanics of an options contract: size, expiration, and obligation.
03 Call Options Explained Everything you need to know about call options and the right to buy.
04 Put Options Explained Everything you need to know about put options and the right to sell.
05 Buying vs Selling Options The fundamental difference between being a buyer and a seller.
06 Strike Price Explained How to pick a strike price and what it means for your trade.
07 Expiration Dates Weekly, monthly, and LEAPS expirations and when to use each.
08 Option Premium What makes up the price of an option and why it changes.
09 In the Money, At the Money, Out of the Money How moneyness works and why it affects everything.
10 How to Read an Option Chain Break down a real option chain: strikes, bids, asks, volume, and open interest.
11 Intrinsic vs Extrinsic Value The two components that make up every option's price.
12 Delta Explained How delta measures your option's sensitivity to stock price movement.
13 Theta and Time Decay How options lose value every day and what that means for your trades.
14 Gamma and Vega Two more Greeks that affect your positions in important ways.
15 How Option Prices Move What actually drives option prices up and down day to day.
16 Implied Volatility for Beginners What IV is, why it matters, and how to read it.
17 Your First Options Trade A complete walkthrough from picking a stock to closing the position.
18 How to Close an Options Position Sell to close, buy to close, and when to let options expire.
19 Paper Trading How to practice trading without risking real money.
20 Common Beginner Mistakes The most expensive mistakes new options traders make, and how to avoid them.

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