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!
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.
An In-Depth Look at a Poor Mans Covered Call on SPY
(Growth) Pick of the Cycle Portfolio - Closing TOST - Introducing a NEW Trade
Trade Alert (Close)
USO Premium Doubled. SPY Premium Dropped. Here's Your Roadmap.
Same chaos, different week. The math still works.
The Quiet Week
Learn why win rate is a vanity metric and how to calculate expectancy, the one number that reveals whether your options trading strategy will actually make money.
Learn how to sell a bull put spread for income with defined risk. Step-by-step guide covers strike selection, entry timing, profit targets, and exit rules.
IV Rank and IV Percentile can give opposite signals on the same stock. Learn which volatility metric is more reliable for selling options premium, and how to use both.
Rolling Two Trades
Master the covered call strategy with this complete guide covering strike selection, IV timing, rolling techniques, and when to avoid covered calls entirely.