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.

I consent to receive newsletters via email. Sign up Terms of service.

Join the Conversation!

Featured Posts

Poor Man’s Covered Calls: The Definitive Guide to Smarter Options Income

Poor Man’s Covered Calls: The Definitive Guide to Smarter Options Income

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.

Best Stocks for Credit Spreads: A 7-Step Selection Framework

Best Stocks for Credit Spreads: A 7-Step Selection Framework

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.

Earnings Season Options Trade: A Step-by-Step Guide

Earnings Season Options Trade: A Step-by-Step Guide

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.

How to Profit with The Wheel Strategy: A Step-by-Step Guide to Consistent Income Using a Conservative Options Strategy

How to Profit with The Wheel Strategy: A Step-by-Step Guide to Consistent Income Using a Conservative Options Strategy

Learn how The Wheel Strategy can boost your portfolio with cash-secured puts and covered calls for steady income and lowered risk.

Options Traders' Must-Have: Mastering the Expected Move

Options Traders' Must-Have: Mastering the Expected Move

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.

Law of Large Numbers in Options Trading: Your Statistical Edge

Law of Large Numbers in Options Trading: Your Statistical Edge

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.

Most Recent Posts, Alerts, Updates

Options Trading in an IRA: The Pros, the Cons, and the Rules That Actually Matter

Options Trading in an IRA: The Pros, the Cons, and the Rules That Actually Matter

Yes, you can trade options in an IRA. Here are the allowed strategies, the tax edge, and the rules that quietly trip people up, including the wash-sale trap.

How to Build an Options Portfolio: A Job-Based Allocation Framework

How to Build an Options Portfolio: A Job-Based Allocation Framework

A job-based framework for allocating capital across options strategies. Five core jobs, two dials, three scenario builds for real portfolios.

Implied Volatility: What the Market Is Afraid Of (and How to Use It)

Implied Volatility: What the Market Is Afraid Of (and How to Use It)

Delta tells you the probability of a trade. Theta tells you what time costs. Implied volatility tells you the quality of the opportunity itself. Of the three, it is the one most individual investors have never been properly introduced to, and the one that changes the most about how you select and time every trade.

Andrew Crowder
The Jade Lizard Strategy: How to Sell Options With No Upside Risk

The Jade Lizard Strategy: How to Sell Options With No Upside Risk

The Jade Lizard removes upside risk completely. See the SPY math, the full payoff, and exactly when this short premium options trade pays you to wait.

Which Strike Price Is Best for a Poor Man’s Covered Call? A Practical Guide for Options Traders

Which Strike Price Is Best for a Poor Man’s Covered Call? A Practical Guide for Options Traders

Choosing the right LEAPS strike is the most important decision in a Poor Man’s Covered Call. Here’s how to pick the one that aligns with your time horizon, capital, and risk profile.

🚨 The Implied Perspective Trade Alert: June 11, 2026
Premium

🚨 The Implied Perspective Trade Alert: June 11, 2026

Opening Trade

How to Sell Options Without Blowing Up Your Account

How to Sell Options Without Blowing Up Your Account

Premium selling wins small and loses big. Learn the three mistakes that sink sellers, the strike and sizing rules that work, and how to manage every trade.

🚨 Wealth Without Shares Trade Alert: June 10, 2026
Premium

🚨 Wealth Without Shares Trade Alert: June 10, 2026

All Weather Portfolio

🚨 Wealth Without Shares Trade Alert: June 9, 2026
Premium

🚨 Wealth Without Shares Trade Alert: June 9, 2026

Rolling the last of the June expiry positions

Hedged Equity, Without the Shares: Can LEAPS and Options Lower Volatility and Boost Efficiency?

Hedged Equity, Without the Shares: Can LEAPS and Options Lower Volatility and Boost Efficiency?

Why Option-Based Equity Portfolios Might Be the Missing Middle Ground for Investors

📩 The Implied Perspective Weekly Update - June 7, 2026
Premium

📩 The Implied Perspective Weekly Update - June 7, 2026

The calm broke. VIX jumped 40% to 21.51, the indexes mean reverted on schedule, and the premium that vanished last week came roaring back.

📩 The Income Foundation Weekly Update - June 7, 2026
Premium

📩 The Income Foundation Weekly Update - June 7, 2026

Cash-secured puts get tested when markets fall. A walk through options assignment, covered call income, and the Wheel strategy discipline that keeps working.

FirstBack
12345678
Next Last