Level Up Your Trading
Intermediate Options Trading Course
Go beyond single-leg trades with 20 free lessons on spreads, iron condors, straddles, and position management. Free for everyone, no signup needed.
1Coming soon
Why Spreads? Introduction to Multi-Leg Trades
Why traders use spreads and how they limit risk and cost.
2Coming soon
Bull Call Spread
Buy a call, sell a higher call — a defined-risk bullish trade.
3Coming soon
Bear Put Spread
Buy a put, sell a lower put — a defined-risk bearish trade.
4Coming soon
Bull Put Spread (Credit Spread)
Sell a put, buy a lower put — collect credit if the stock stays up.
5Coming soon
Bear Call Spread (Credit Spread)
Sell a call, buy a higher call — collect credit if the stock stays down.
6Coming soon
Debit Spreads vs Credit Spreads
When to pay for a spread vs when to collect premium.
7Coming soon
Iron Condor — Setup and Mechanics
Sell both sides of the market with a defined-risk neutral strategy.
8Coming soon
Iron Butterfly — Setup and Mechanics
A tighter version of the iron condor with higher premium.
9Coming soon
Calendar Spreads
Trade time decay across different expiration dates.
10Coming soon
Diagonal Spreads
Combine different strikes and expirations in one spread.
11Coming soon
Straddles and Strangles
Profit from big moves in either direction.
12Coming soon
How to Pick Strike Prices
A framework for choosing the right strikes for any strategy.
13Coming soon
How to Choose Expiration Dates
The trade-offs between short-term and long-term options.
14Coming soon
Managing Winning Trades
When to take profits and why 50% is often the right target.
15Coming soon
Managing Losing Trades
When to cut losses and when to hold through drawdowns.
16Coming soon
Rolling Options — How and When
Extending trades by rolling to new strikes or expirations.
17Coming soon
Trade Adjustments
How to adjust positions when the market moves against you.
18Coming soon
Earnings Trades — What to Know
How to trade options around earnings announcements.
19Coming soon
IV Rank and IV Percentile
How to measure whether implied volatility is high or low.
20Coming soon
Building a Trade Plan
How to create rules for entries, exits, and position sizing.