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.
Learn how The Wheel Strategy can boost your portfolio with cash-secured puts and covered calls for steady income and lowered risk.
How selling options for consistent income uses the Law of Large Numbers to turn small statistical edges into reliable profits. The casino model for traders.
Learn how to trade bear call spreads for defined-risk income in neutral-to-bearish markets. Includes strike selection, management rules, and a real SPY example from a 24-year veteran.
Learn how to read an options chain in plain English. Visual guide covering the 5 key columns (bid, ask, last, volume, open interest), ITM vs OTM, and a 5-step walkthrough for your first trade.
Learn how to size PMCC positions properly with a 5-10% risk rule, tiered allocation framework, and account-specific guidance. Avoid the hidden leverage trap most traders miss.
All-Weather Portfolio
Learn what options are in plain English with a simple house-buying analogy. Covers calls, puts, buyers, sellers, and time decay. No jargon, no PhD required.
New Trade
New Trade Alert
Growth Portfolio
Closing Our SPY Iron Condor for a Profit
Trade Alert (Open)
An In-Depth Look at a Poor Mans Covered Call on SPY
(Growth) Pick of the Cycle Portfolio - Closing TOST - Introducing a NEW Trade
