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.
Explore the in-depth, quantitative approach to the best strikes, probabilities, and setups for earnings trades: learn the mechanics of the high-probability approach.
Delta Hedging Explained: A Pro Trader’s Guide to Neutralizing Risk and Maximizing Stability
Long-term success trading options through statistical consistency
Sometimes the most important investment breakthroughs come from the most unexpected places.
Rolling a Small Dog
Learn how to protect profitable PMCC positions using LEAPS collars. Detailed strike selection, timing, and risk management for long-term options traders.
Closing Our SPY February, 20, 2026 Iron Condor
Metals are the anomaly. The rest is patience, structure, and rules.
Small Dogs led, All-Weather stayed calm, and next week we add SPY + keep GLD on deck
A Calm, Rules-Based Plan for the Week Ahead, and the Data That Drives It
This Week in The Income Foundation: Let the Premium Do the Work
Learn how Expected Move, Delta, Prob. OTM, and Prob. Touch work together to form a complete risk management system for options trading. Master the Probability Stack used by professional premium sellers.
Stop losing money trying to predict market moves. Learn the probability-based options strategies professionals use to generate consistent income with defined risk.
Learn a research-backed framework for managing risk with options, using put spreads, collars, credit spread hedges, and volatility (VIX) protection to reduce drawdowns without sacrificing long-term returns.
Growth Portfolio (Pick-of-the-Cycle)
New Position - Selling Cash-Secured Puts
