Your learning path
Work through the lessons in order — each one builds on the last.
What Is an Option?
BeginnerThe building block of every options trade
Calls & Puts
BeginnerThe two directions of every trade
Strikes & Expiration
BeginnerChoosing the right contract
Reading the Options Chain
BeginnerBid, ask, volume and open interest
Exercise, Assignment & Expiration
BeginnerWhat actually happens at the end
The Greeks, Made Simple
BeginnerDriving a car: speed, acceleration, fuel, weather
Time Decay, Explained Simply
BeginnerWhy options are melting ice cubes
Implied Volatility, Made Simple
BeginnerInsurance prices before a storm
Premium & the Greeks
IntermediateWhat moves an option's price
Your First Trade
IntermediateA walkthrough on QQQ
Risk & Paper Trading
IntermediateSurvive long enough to get good
Gamma & How Options Accelerate
IntermediateWhy near-expiry options move so violently
Implied Volatility & the VIX
IntermediatePricing fear and events
Multi-Leg Options & Spreads 101
IntermediateDebit vs credit, explained simply
Strategy: Covered Calls
IntermediateEarn income on shares you own
Strategy: Cash-Secured Puts & the Wheel
IntermediateGet paid to buy at your price
Strategy: Protective Puts & Collars
IntermediateInsurance for your portfolio
Strategy: Debit Spreads
IntermediateBull call & bear put spreads
Strategy: Credit Spreads
AdvancedBull put & bear call spreads
Strategy: Iron Condors & Butterflies
AdvancedProfit from a quiet market
Strategy: Straddles & Strangles
AdvancedTrading volatility, not direction
Strategy: Calendar & Diagonal Spreads
AdvancedUsing time as your edge
0DTE Options on SPY & QQQ
AdvancedSame-day expiration, maximum danger
Choosing the Right Strategy
AdvancedMatch outlook and volatility
Volatility Skew & Term Structure
Super AdvancedWhy not all options are priced equally
LEAPS & Deep ITM Strategies
Super AdvancedLong-dated options as stock replacement
Rolling & Trade Adjustments
Super AdvancedHow pros manage losing positions
Portfolio Hedging Like a Pro
Super AdvancedTail risk, beta weighting and crash insurance
Assignment, Margin & Tax Traps
Super AdvancedThe boring details that blow up accounts
Naked Calls & Naked Puts
Super AdvancedSelling options with nothing behind them
Naked Straddles & Strangles
Super AdvancedSelling the whole range — and the tail that pays for it
Position Sizing & the Kelly Criterion
Super AdvancedThe math of not going broke
Final Exam
Test yourself on everything — Greeks, IV, spreads and multi-leg strategies.