This website uses cookies
Read our Privacy policy and Terms of use for more information.
Options Fundamentals
Build your foundation from the ground up
Risk Management
Position sizing and portfolio discipline
Probabilities & Math
The law of large numbers at work
Building an Options Portfolio
Construct a diversified options portfolio
The Greeks
Delta, theta, gamma, vega explained
Mental Capital
Master the mental game of trading
Expected Move
Use the market's projected range
Video Library
Strategy breakdowns on YouTube coming soon.
The Income Foundation
Wheel strategy model portfolio with weekly trade alerts and premium-selling education
The Implied Perspective
Advanced implied volatility strategies with IV-ranked trade alerts and weekly analysis
Wealth Without Shares
LEAPS and poor man's covered call portfolio for capital-efficient options income
Total Access
All three options trading services bundled at the best value with full community access
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
Covered Strangle
Sell puts and calls against stock you own for enhanced income
Covered Calls
Generate weekly income by selling calls against shares you own
LEAPS
Long-term options for stock replacement and capital-efficient income
Bull Put Spread
Bullish to neutral credit spread with defined risk and reward
Iron Condor
Sell both sides of the market with defined risk in range-bound conditions
Collar Strategy
Protect stock gains with a put while offsetting cost with a covered call
Ratio Spreads
Advanced multi-leg setups using unequal contract ratios
Our Journey
Talk to Us
Testimonials
The Income Foundation Subscriber Hub
Wealth Without Shares Subscriber Hub
The Implied Perspective Subscriber Hub
Total Access Subscriber Hub
May 24, 2026
•
7 min read
Former poker champion Annie Duke teaches traders how to preserve mental capital by thinking in probabilities, not absolutes. Learn how to reframe wins and losses like a pro.
Every covered call decision answers one question: what is my exposure now? Andy Crowder's framework for delta, days to expiration, and rolling decisions.
14 min read
The Lazy Way Portfolio: How the Small Dogs of the Dow Power a Low-Maintenance PMCC Portfolio
May 23, 2026
4 min read
The premium is the price of an options contract. But what determines that price, why does it change constantly, and why does understanding its two components change how you think about every trade you will ever place? Here is the complete answer.
8 min read
Position sizing is the most overlooked edge in options trading. The math on consecutive losses, the 2 percent rule, and three rules for every trade.
May 22, 2026
All Weather Portfolio
May 21, 2026
NVDA earnings iron condor closed for 15.88% return on capital in 18 hours. Inside the IV crush math, the skew unwind, and three mistakes to resist after a win.
May 20, 2026
An educational walkthrough using live data, not a trade recommendation.
May 19, 2026
5 min read
New Trade Alert
Put-call parity is the single equation under every synthetic options position. Taught without academic notation, with worked examples for premium sellers.
May 17, 2026
9 min read
A quiet management week. Plus five things most credit spread traders miss.
13 min read
No new positions opened this week. Two May trades closed cleanly. The June book is intact. The quietest week we have had since this letter launched, and the best reason in the world for it.
