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Options Fundamentals
Build your foundation from the ground up
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Position sizing and portfolio discipline
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The law of large numbers at work
Building an Options Portfolio
Construct a diversified options portfolio
The Greeks
Delta, theta, gamma, vega explained
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Master the mental game of trading
Expected Move
Use the market's projected range
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The Income Foundation
Wheel strategy model portfolio with weekly trade alerts and premium-selling education
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Advanced implied volatility strategies with IV-ranked trade alerts and weekly analysis
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LEAPS and poor man's covered call portfolio for capital-efficient options income
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Cash-Secured Puts
Get paid to buy stocks at your target price with defined risk
The Wheel Strategy
Combine cash-secured puts and covered calls for recurring options income
Poor Man's Covered Call
Capital-efficient covered call alternative using LEAPS options
Bear Call Spread
Bearish to neutral credit spread that profits from time decay
Jade Lizard
Eliminate upside risk while collecting premium on neutral setups
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Sell puts and calls against stock you own for enhanced income
Covered Calls
Generate weekly income by selling calls against shares you own
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Long-term options for stock replacement and capital-efficient income
Bull Put Spread
Bullish to neutral credit spread with defined risk and reward
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Sell both sides of the market with defined risk in range-bound conditions
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Protect stock gains with a put while offsetting cost with a covered call
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Advanced multi-leg setups using unequal contract ratios
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Oct 26, 2026
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2 min read
Closing Trade: SPY Nov 20 795/800 Bear Call Spread
Oct 25, 2026
11 min read
The index went nowhere. The VIX stayed at 19. Our two spreads went in opposite directions, and one of them has a decision date on Friday.
6 min read
We closed the Netflix call for a $1.83 gain and sold a new one for December, while the gold miners fell 8.6% and left our $80 put at even odds. Every position, how the 21-day checkpoint works, and this week's 20 best cash-secured puts.
8 min read
The share of stocks above their 50-day average jumped from 28% to 38% in one week. Fourteen ETFs pass the dual filter, seven with the trend behind them. Thirteen names on our stock list report in the next five days.
The Small Dogs are up 36 percent on the LEAPS this year against 11 for the S&P 500, and this week I put them on the same chart. Then I tell you why that comparison flatters us.
A jade lizard case study on NVDA: $1.32 collected against a $1 spread, zero upside risk with a $32 floor, and CSP-style risk only below $78.68.
5 min read
The iron condor combines a bull put spread and a bear call spread into one position that earns income when the stock stays within a defined range. Here is the full structure and setup.
The biggest premiums come tied to the biggest risks. The math behind both ways sellers reach for more, and the four-question framework that keeps you solvent.
Oct 23, 2026
Rolling the NFLX Covered Call: November 80 to December 72
Oct 22, 2026
What open interest measures, what it can never tell you, and how premium sellers use it to avoid bad fills, spot crowded strikes, and read positioning.
Oct 20, 2026
Implied Perspective Close: November SPY Bear Call Spread
3 min read
Roll: TLT Short Call, November 80 Up and Out to December 83
