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.
Trimming Our VIX Hedge
Small Dogs/Growth Portfolio - Two Trades
New Trade
VIX above 30 means the same 0.16 delta credit spread collects 50-100% more premium with 2x the buffer. Same probability. 64% more expected income per trade cycle. Here's the playbook.
VIX Surges Back Above 30, Gold Hits the Ceiling, and the Premium Landscape Transforms
Premium is Resetting Across the Board
Five Straight Weeks Down. The Dow Joined the Correction. The Richest Premiums All Year. Check It Out.
When the Storm Gets Louder, the Strategy Gets Clearer
Every options strategy ever built begins with one idea. Not a formula, not a contract, not a Greek letter. Just a simple arrangement between two people about a right, a price, and a deadline. This is where it all starts.
The professional investment world has used options to price risk, measure probability, and read markets for decades. Here is why that knowledge belongs to every investor, not just the professionals.
Five iron condor adjustments for when one side gets tested: close the tested side, roll out, roll down, roll the untested side closer, or close everything. Includes decision tree and real SPY examples.
The exact 5-step formula for sizing credit spreads by max loss. Covers the 2% rule, 3-5% for experienced traders, spread width comparisons, and the 20-25% aggregate portfolio cap.
