Level Up Your Trading
Intermediate Course
Go beyond single-leg trades. Learn spreads, iron condors, and how to manage positions.
🎬 Video lessons coming soon. Written guides are ready now — click any lesson to start reading.
1
Why Spreads? Introduction to Multi-Leg Trades
Why traders use spreads and how they limit risk and cost.
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2
Bull Call Spread
Buy a call, sell a higher call — a defined-risk bullish trade.
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3
Bear Put Spread
Buy a put, sell a lower put — a defined-risk bearish trade.
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4
Bull Put Spread (Credit Spread)
Sell a put, buy a lower put — collect credit if the stock stays up.
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5
Bear Call Spread (Credit Spread)
Sell a call, buy a higher call — collect credit if the stock stays down.
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6
Debit Spreads vs Credit Spreads
When to pay for a spread vs when to collect premium.
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7
Iron Condor — Setup and Mechanics
Sell both sides of the market with a defined-risk neutral strategy.
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8
Iron Butterfly — Setup and Mechanics
A tighter version of the iron condor with higher premium.
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9
Calendar Spreads
Trade time decay across different expiration dates.
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10
Diagonal Spreads
Combine different strikes and expirations in one spread.
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11
Straddles and Strangles
Profit from big moves in either direction.
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12
How to Pick Strike Prices
A framework for choosing the right strikes for any strategy.
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13
How to Choose Expiration Dates
The trade-offs between short-term and long-term options.
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14
Managing Winning Trades
When to take profits and why 50% is often the right target.
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15
Managing Losing Trades
When to cut losses and when to hold through drawdowns.
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16
Rolling Options — How and When
Extending trades by rolling to new strikes or expirations.
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17
Trade Adjustments
How to adjust positions when the market moves against you.
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18
Earnings Trades — What to Know
How to trade options around earnings announcements.
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19
IV Rank and IV Percentile
How to measure whether implied volatility is high or low.
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20
Building a Trade Plan
How to create rules for entries, exits, and position sizing.
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