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Beginner Course

Learn what options are, how they work, and how to place your first trade with confidence.

20 lessons Free — no account required
🎬 Video lessons coming soon. Written guides are ready now — click any lesson to start reading.
1
What Are Options?
Understand what an options contract is, how it works, and why traders use them.
2
How Options Contracts Work
The mechanics of an options contract — size, expiration, and obligation.
3
Call Options Explained
Everything you need to know about call options and the right to buy.
4
Put Options Explained
Everything you need to know about put options and the right to sell.
5
Buying vs Selling Options
The fundamental difference between being a buyer and a seller.
6
Strike Price Explained
How to pick a strike price and what it means for your trade.
7
Expiration Dates — How to Choose
Weekly, monthly, and LEAPS expirations and when to use each.
8
Option Premium — What You're Paying For
What makes up the price of an option and why it changes.
9
In the Money, At the Money, Out of the Money
How moneyness works and why it affects everything.
10
How to Read an Option Chain
Break down a real option chain — strikes, bids, asks, volume, and open interest.
11
Intrinsic vs Extrinsic Value
The two components that make up every option's price.
12
Delta — Your Option's Direction
How delta measures your option's sensitivity to stock price movement.
13
Theta — Time Decay
How options lose value every day and what that means for your trades.
14
Gamma and Vega — The Other Greeks
Two more Greeks that affect your positions in important ways.
15
How Option Prices Move
What actually drives option prices up and down day to day.
16
Implied Volatility for Beginners
What IV is, why it matters, and how to read it.
17
Your First Options Trade — Step by Step
A complete walkthrough from picking a stock to closing the position.
18
How to Close an Options Position
Sell to close, buy to close, and when to let options expire.
19
Paper Trading — Practice Risk-Free
How to practice trading without risking real money.
20
Common Beginner Mistakes
The most expensive mistakes new options traders make — and how to avoid them.