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Options Trading 101: First Steps to Trading

Options Trading 101: First Steps to Trading

Expected Move Options Research, Mechanics and Commentary Weekly Update Mental Capital Wealth Without Shares Reports The Income Foundation Trade Alerts Options Income Trading Psychology The Income Foundation Reports The Wheel Strategy The Option Premium Weekly Newsletter Greeks Total Access - The Option Premium Reports Strategy Reports Featured Reports Total Access - The Option Premium Trade Alerts Jade Lizard Covered Strangle Short Strangle Bull Put Spread Bear Call Spread Cash-Secured Puts The Implied Truth Trade Alerts Wealth Without Shares Trade Alerts The Implied Perspective Reports Implied Volatility Metrics Poor Man's Covered Call Strategy Subscriber Pages Educational Corner The Implied Perspective Weekly Update Market Research Earnings Trading Strategy Covered Call Options Trading 101: First Steps to Trading The Implied Perspective Trade Alerts The Earnings Playbook Risk Management LEAPS Options Trading Psychology Ratio Spreads Collar Strategy The Income Foundation Weekly Update Building an Options Portfolio Credit Spread Probabilities Implied Volatility Data Iron Condor Wealth Without Shares Weekly Update

How to Trade a Bull Put Spread for Income in 6 Simple Steps

Learn how to sell a bull put spread for income with defined risk. Step-by-step guide covers strike selection, entry timing, profit targets, and exit rules.

What are the Four Vertical Spreads? The Complete Beginner's Guide to Defined-Risk Options Trading

Learn what is a vertical spread options strategy, how it works, and why defined-risk trading beats naked options. Step-by-step guide with real examples.

Credit Spreads Explained: Bull Puts and Bear Calls

An easy-to-understand guide to bull put and bear call credit spreads, how they work, how they pay, how they break, and how to manage them with discipline.

Andrew Crowder

Options 101: Academic Research Shows the Long-Term Edge in Selling Options Premium

This is a Must Read if You Sell Options Premium - An Options 101 look at academic research explaining the long-term edge in selling options premium, including risks, returns, and strategy design.

Andrew Crowder

Options 101: You Don't Need to Be Right to Win

Stop losing money trying to predict market moves. Learn the probability-based options strategies professionals use to generate consistent income with defined risk.

Options 101: Gamma and Vega - The Two Forces That Blow Up “Good Trades”

Gamma and vega are the two Greeks that cause option positions to change faster than you expect. Learn how gamma accelerates delta, how vega reprices options when volatility shifts, and how premium sellers and PMCC traders can manage risk with simple rules.

Options 101: Delta and Theta, The Two Numbers That Quietly Control Most Options Trades

Learn how delta and theta actually work in options trading. Use delta as a probability/exposure tool and theta to manage time decay, strikes, and risk.

The Top 15 Options 101 Articles of the Year

Master options trading from scratch with 15 essential Options 101 articles. Learn calls, puts, strike prices, Greeks, cash-secured puts, covered calls, spreads, and probability-based strategies for consistent income.

Options 101: Implied Volatility, IV Rank/Percentile, and Expected Move

Learn what implied volatility really means, how IV Rank and IV Percentile help you compare today's IV to history, and how to use expected move to select strikes and manage risk with options.

Options 101: How to Think in Probabilities, Not Absolutes

Learn why successful options trading requires thinking in probabilities rather than predictions. Discover how professional traders use probability-based decision making backed by academic research to generate consistent returns.

Options 101: Assignment Day: What Actually Happens When Options Get Exercised Against You

Learn exactly what happens during options assignment, including mechanics, capital requirements, overnight risk, and why getting assigned isn't something to fear. Practical guide from 23+ years trading experience.

Options 101: Cash-Secured Puts as a Stock Entry Plan: "Getting Paid to Wait" Explained

Learn how cash-secured puts let you buy quality stocks at a discount while getting paid to wait. Includes break-even math, scenarios, and when NOT to sell puts.