Options Tutorial

A structured guide to options trading. Start from the fundamentals, build up to real strategies.

Understand the core logic of options through insurance, property deposits, and grain price guarantees

Strike price, expiration, premium — dissecting every piece of an options contract

Long Call, Long Put, Short Call, Short Put — the P&L logic of four fundamental positions

Vertical spreads, iron condor, straddle/strangle — combining legs to control cost and risk

Delta, Gamma, Theta, Vega — the four forces driving options prices beyond stock movement

Earnings plays, 0DTE, the Wheel, hedging, position sizing — bridging theory and real trades