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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

How to Protect a Wheel or PMCC Portfolio the Way the Pros Do

How to Protect a Wheel or PMCC Portfolio the Way the Pros Do

Every income seller knows the cash feels safe. The trick is making sure one bad month cannot undo three good years. Here is how professionals actually defend a portfolio like this, in plain English, with the numbers worked on a $100,000 account.

Andrew Crowder
Theta: The Quiet Force Working For You (If You Are on the Right Side)

Theta: The Quiet Force Working For You (If You Are on the Right Side)

Theta is the daily erosion in an option's value from time passing. For sellers it is income. For buyers it is a cost. Here is how theta works and how to be on the right side of it.

Andrew Crowder
The Variance Risk Premium: The Research Behind Why Selling Options Works

The Variance Risk Premium: The Research Behind Why Selling Options Works

Four cited acamdemic papers. The edge that premium sellers harvest is not folklore. It has a name in the academic literature, decades of peer-reviewed evidence, and a clear price tag in risk.

Andrew Crowder
Tail Risk: How to Prepare for the Next Black Swan

Tail Risk: How to Prepare for the Next Black Swan

A plain-English guide to tail risk and Black Swan events: what they are, why most traders underestimate them, and how professionals hedge them cheaply.

The Mathematics Behind Poor Man’s Covered Calls: Delta, Theta, and Probability

The Mathematics Behind Poor Man’s Covered Calls: Delta, Theta, and Probability

How disciplined traders use delta, theta, and probability to structure income with Poor Man's Covered Calls, without tying up the capital a covered call demands.

Building a Lazy Way Portfolio With Options

Building a Lazy Way Portfolio With Options

A plain-English comparison of the Poor Man's Covered Call and the Wheel Strategy, with a model multi-ETF portfolio built on probability over prediction.

📩 The Option Premium Weekly Issue - May 31, 2026

📩 The Option Premium Weekly Issue - May 31, 2026

9 ETFs Above 50% IVR. Energy IV Collapsed 22 Points. SMH Surged Back to 87%. Five Equity ETFs at Above 70 RS. The Broadest Overbought Reading Since the Rally Began.

How to Build a 6-Stock Wheel Portfolio for Retirement Income

How to Build a 6-Stock Wheel Portfolio for Retirement Income

A six-stock Wheel sleeve sized at 3 to 5 percent per position. Selection criteria, strike parameters, and the sequence-of-returns risk.

What Is Delta? The One Greek Every Options Investor Needs First

What Is Delta? The One Greek Every Options Investor Needs First

Delta measures price sensitivity and estimates probability in a single number. Here is what delta is, how to read it, and how income sellers use it to choose every strike they trade.

Andrew Crowder
FOMO in Options Trading: The Psychology of Missing Out

FOMO in Options Trading: The Psychology of Missing Out

FOMO is not an emotion, it is a system failure. The research, the six stages, and three pre-commitments to protect your options trading framework.

When Professors Crack the Code: How Taiwan Researchers Just Solved Option Selling's Biggest Problem

When Professors Crack the Code: How Taiwan Researchers Just Solved Option Selling's Biggest Problem

Sometimes the most important investment breakthroughs come from the most unexpected places.

The PMCC Ladder: How to Build a Weekly Premium Stream From Poor Man's Covered Calls

The PMCC Ladder: How to Build a Weekly Premium Stream From Poor Man's Covered Calls

Want weekly premium instead of one monthly deposit? Learn how to ladder Poor Man's Covered Calls across expirations, sectors, and deltas for continuous income.

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