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
Community Access
Subscriber-Only
Sep 24, 2026
•
5 min read
Opening a Bear Call Spread in SPY
6 min read
A Practical Guide to the Core Concepts Every Options Trader Must Understand to Succeed in Today’s Market
Sep 23, 2026
9 min read
Rolling ABT and MRK October Calls
Selling a New Covered Call in NFLX
Sep 22, 2026
7 min read
The complete iron condor guide: set strikes with the expected move, a fully priced SPY example where every number reconciles, and three management rules.
Sep 21, 2026
2 min read
Closing Our October Iron Condor for a Small Return
Sep 20, 2026
12 min read
JPMorgan closed for +11.1% in 14 days. The ledger now reads 28 trades, 24 winners.
13 min read
Two Contracts Closed, Two Triggers Fired, One Put Underwater
10 min read
A 12-0 vote, one more hike penciled in for this year, and a VIX that closed the week lower than it started. Both breadth measures are now below their lines. TLT joined the sell zone on schedule.
The Fed raised rates for the first time in three years, and the S&P 500 finished the week six points from where it started.
How to pick Wheel Strategy stocks: five filters with the statistics underneath, the 98.6 percent assignment math, and an honest AAPL versus PLTR comparison.
8 min read
The math behind 70 to 85 percent options win rates: the theorem stated exactly, the error bars, exact streak odds, and the peer-reviewed variance premium.
