Modules
Short, plain-English lessons on options and risk, grouped into modules. No jargon unless we explain it first. New lessons get added over time, and this list will grow.
Options Basics
What an option actually is, why some traders buy and others sell, how time decay works, and what happens if a contract runs to expiry.
The Greeks
Delta, theta, gamma, vega and implied volatility: what each Greek measures and why traders watch it before placing a trade.
Risk & Position Sizing
How much to risk on one trade, the habits that keep one bad trade from becoming a bad month, correlation risk, and why win rate alone is misleading.
Credit Spreads
What a credit spread is and why sell one, strike selection, expiry selection, and index vs. single-stock spreads.
Trade Management
Closing early vs. holding to expiry, when and how to roll a position, and what to do when a trade moves against you fast.
Reading Market Context
Macro events that move the market, using VIX as a regime signal, and sizing positions differently around earnings weeks.