Learn both sides of call options: when buying calls makes sense for directional leverage and when selling covered calls generates income. Step-by-step examples, the 80/20 approach, and common mistakes.
Learn the probability-based framework for selecting credit spread strikes using delta. Covers the 0.15-0.25 delta sweet spot, how IV environment shifts your target, a 5-step selection process, and a P/L payoff diagram.
Learn how iron condors work with a complete example, the 4 ideal conditions, strike selection by delta, trade management rules, and how to size iron condors in a premium-selling portfolio.
Learn to read The Option Premium's weekly volatility tables in under 2 minutes. Covers IV Rank, IV Percentile, relative strength, ADX, and a 5-step scan to find the richest premium-selling setups.
All-Weather Portfolio
Closing our SPY Bear Call Spread...and adding two new trades.
Two New Positions - Selling Cash-Secured Puts
A practical LEAPS framework for traders with limited screen timestructured entries, simple review cadence, and realistic expectations.
Learn how to add downside protection to your PMCC strategy without killing income. Practical frameworks for using collars, timing hedges, and managing costs.
LEAPS vs. stock: how deep ITM calls (12 to 24 months) deliver stock-like exposure with less capital, delta targets, extrinsic tests, and income via short calls.
Learn when to roll your LEAPS options to maintain leverage and delta efficiency. Discover the mechanical signals, delta drift, extrinsic collapse, and elasticity loss, that indicate it's time to reset your long call position.
Closing - Bull Put Spread