Options Trading Learning Center
Master options trading from beginner to advanced. Free guides with real examples, organized by topic for progressive learning.
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New to options? Begin with these essential guides.
How to Trade Options
Complete beginner's guide. Learn what options are and place your first trade.
Read guide →What Are Options?
The complete beginner's introduction to options trading explained simply.
Read guide →Options Glossary
100+ options terms defined. Your go-to reference for all terminology.
Browse terms →Explore by Topic
Deep-dive guides organized by what you want to learn.
Best Options Strategies
Top strategies for income, beginners, small accounts, and weekly trading.
Explore guides →Mistakes to Avoid
Common trading errors, IV crush, assignment risk, and overtrading pitfalls.
Learn to avoid →Strategy Comparisons
Iron condor vs butterfly, straddle vs strangle, and more side-by-side guides.
Compare strategies →Stock-Specific Guides
Trading options on SPY, QQQ, TSLA, NVDA, and AAPL with ticker-specific insights.
View stock guides →Event Trading
Trade earnings, Fed meetings, OpEx week, VIX spikes, and dividend events.
Learn event trading →Strategy Playbooks
Complete guides for iron condors, covered calls, spreads, straddles, and more.
Browse strategies →Investing Basics
Understand the fundamentals before diving into options.
What Is a Stock?
Complete beginner's guide to stock investing.
What Is a Bond?
How fixed income investments work.
ETFs vs Mutual Funds
Which investment vehicle should you choose?
Market Capitalization
Small cap, mid cap, and large cap explained.
Bull vs Bear Markets
What they mean and how to trade them.
What Is a Dividend?
How dividend investing works.
Options Fundamentals
Core concepts every options trader must understand.
Call vs Put Options
The fundamental difference between calls and puts.
Options Expiration
What happens when options expire.
ITM, ATM, OTM
Understanding options moneyness.
Options Premium
How option prices are determined.
Intrinsic vs Extrinsic Value
Understanding option pricing components.
Exercise vs Assignment
What happens when options are exercised.
American vs European Options
Key differences explained.
Trading Mechanics
How to execute trades and read the options market.
The Greeks
Essential metrics for understanding how options behave.
Understanding Options Greeks
Master Delta, Gamma, Theta, Vega, and Rho. Learn how Greeks affect your positions.
Read guide →Theta Decay
How time erodes option value. Critical for choosing expiration dates.
Read guide →Volatility
The key to options pricing and finding opportunities.
Implied Volatility Deep Dive
Understand IV, IV rank, percentile, and skew.
Read guide →IV Rank & IV Percentile
Comparing volatility levels across time.
Volatility Skew
Why IV differs across strikes.
Risk Management
Protect your capital and manage position risk.
Advanced Topics
Take your options knowledge to the next level.
Ready to Apply What You've Learned?
Explore our comprehensive strategy guides with step-by-step examples.
Start Your Options Trading Journey
Practice with our free AAPL demo or unlock full access to 5,500+ tickers.