The Option Premium
Whether you're looking to capitalize on market volatility, hedge your portfolio, or explore new trading strategies, we provide comprehensive research, trade ideas, portfolios, and education in an effort to empower options traders of all levels.
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Poor Man’s Covered Calls (PMCCs) use LEAPS to replace expensive stock positions, reducing capital needs by 65 to 85%. Learn how this strategy generates consistent income with flexibility and lower risk.
How to find the best stocks for credit spreads using liquidity, IV rank, IV percentile, and expected move. A step-by-step framework for consistent profits.
Learn Andy Crowder's 5-step earnings options framework: liquidity, IV rank, expected move, historical behavior, and iron condor setup with real Visa trade numbers.
Learn how The Wheel Strategy can boost your portfolio with cash-secured puts and covered calls for steady income and lowered risk.
Learn how to calculate the expected move using implied volatility, place strikes outside the range, and build high-probability credit spreads with real SPY examples.
How the Law of Large Numbers powers probability-based options trading with 70-85% win rates. The math, the strategy, and a real SPY bear call spread example.
Success creates the conditions that destroy success. The documented psychology of overconfidence in options trading, and the systems that defend against it.
Vertical spreads cap your risk, but the cap has a price: half the income for 96 percent of the tail. The honest ledger, and when the trade is worth it.
A long put can be a bearish directional bet or a portfolio insurance tool. Here is the difference, when each use is appropriate, and when selling premium is the better choice.
Adding a New Position
Adding a Bear Call Spread for the October Expiration
Rolling IBIT in October
Adding Another October Iron Condor to the Mix
The quiet strategy professionals use to protect profits and stay invested: how collars work, what zero cost honestly costs, and who they are actually for.
Adding a New October Iron Condor
Rolling the WMT Short Call into the October Cycle
Rolling More Positions into October Expiration
Closing our last September Iron Condor
