- The Option Premium
- Authors
- Andrew Crowder
In the Money, At the Money, Out of the Money: Once and for All
These three terms appear in every options conversation, every options chain, and every strategy discussion you will ever encounter. Most investors learn them loosely and pay for that looseness later. Here is the precise, permanent explanation.
The Theta Decay Sweet Spot: Why 30-60 DTE Is Where Premium Sellers Make Their Money
Theta decay accelerates toward expiration. So does gamma. The ratio between them is most favorable between 30-60 DTE. The mathematical case for the professional premium seller's window, with the theta curve, gamma profile, and probability mechanics.
The Trillion Dollar Equation Behind Every Winning Trade
The Black-Scholes model prices options using one guess: future volatility. That guess is systematically too high. The 3-5 percentage point gap between implied and realized volatility is the premium seller's edge. Six steps to capture it.
Earnings Risk Management: How to Navigate Earnings Season Without Blowing Up Your Portfolio
Seven rules for navigating earnings season: close unintentional exposure, size at 1-2%, stagger trades, expanded cash reserves, morning-after protocol. Turn the most dangerous period in a premium seller's calendar into the most profitable.
How Professional Options Traders Use Multi-Timeframe RSI for 30-60 DTE Vertical Credit Spreads
The 2, 5, 9, and 14-day RSI each serve a specific purpose. The professional's confluence framework for bull put and bear call spread entry timing, plus the supplementary data (IV Percentile, ATR, support/resistance) that sharpens the analysis.
Scaling Up in a Small Account: How to Grow a Sub-$10K Options Portfolio Without Blowing It Up
More contracts first. Diversification second. Wider spreads third. The 5-phase roadmap from $5K to $30K+ with specific thresholds for adding complexity, plus the compounding math that makes patience the real scaling engine.
Expiration Dates: Why the Clock Is the Most Important Thing in Options
Every options contract has a deadline. That deadline is not a footnote. It is the feature that makes options fundamentally different from every other investment instrument, and understanding how time works in options is the insight that changes every trade you will ever make.