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Options Research, Mechanics and Commentary

Options Research, Mechanics and Commentary

Research, mechanics, and market commentary to build stronger options strategies with real-world insights and clear analysis.

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Overconfidence in the Options Market: Lessons from Chen & Sabherwal

Special Research Note

Andrew Crowder

The Autumn Gauntlet: Why August, September (...and October?) Challenge Markets Most

And How Smart Options Strategies Can Shield Your Portfolio When Euphoria Meets Reality

Scientists Analyzed 2.4 Million Options Trades, What They Found Changes Everything

A groundbreaking academic study reveals why options traders consistently overpay for portfolio insurance, and how you can profit from their mistakes.

Andrew Crowder

Cash-Secured Puts: The Retiree's Secret to Monthly Income

Master cash-secured puts strategy with this comprehensive guide. Learn how to generate monthly income and buy quality stocks at discount prices using this proven options approach.

Andrew Crowder

Option 101: Understanding Bid-Ask Spreads in Options Trading: How Poor Execution Costs Real Money

The practical tale every options seller needs to hear before making their next trade.

Andrew Crowder

What Academic Researchers Discovered About Options Trading Will Change How You Trade

Two Ratios. One Edge. How University Research Revealed a Market Timing Advantage Most Traders Miss

Andrew Crowder

When Professors Crack the Code: How Taiwan Researchers Just Solved Option Selling's Biggest Problem

Sometimes the most important investment breakthroughs come from the most unexpected places.

Andrew Crowder

The Options Industry's $2 Billion Problem

How retail traders lost billions chasing fantasies, and what smart money knows that they don't

Andrew Crowder

The Hidden Trap of Chasing Returns: Why Risk Awareness Defines True Trading Success

Stop Gambling on Bull Markets, Master the Math and Discipline to Thrive in Any Cycle

The Options Seller’s Guide to Expected Move

A straightforward framework for using the market’s volatility forecast to structure smarter, higher-probability trades.

Andrew Crowder

📚 Educational Corner: Why Delta Matters: The Hidden Role of Delta in Options Income Strategies

Delta is more than a Greek, it’s your probability compass, directional bias, and risk warning system. Learn how delta affects your options income strategies and how to use it to your advantage in covered calls, PMCCs, spreads, and portfolio management.

YieldMax vs. PMCC: Understanding the Trade-Offs Between Income Innovation and Strategy Control

Why Poor Man’s Covered Calls Offer More Control, Flexibility, and Diversification Than YieldMax ETFs

Andrew Crowder