Options Trading

🌱 Beginner Topics

1. Introduction to Options
Basic concepts, calls vs puts, rights & obligations
2. Buying & Selling Options
Understanding option positions and basic strategies
3. Strike Price & Expiration
Choosing strikes, understanding expiration

📚 Intermediate Topics

4. The Greeks
Delta, gamma, theta, vega, and risk management
5. Option Strategies
Spreads, straddles, covered calls, and more
6. Hedging Techniques
Portfolio protection and risk management

🎓 Expert Topics

7. Volatility & Skew
Advanced volatility concepts and trading
8. Market Makers & Flow
Understanding dealer positioning and hedging
9. Expiration Mechanics
Pin risk, max pain, and expiration dynamics

Buying & Selling Options Recap

Test your knowledge of buying and selling options. Select the best answer for each question.

NVDA is at $850. You buy a $900 call for $20. What's your maximum loss?

You sell a META $400 put for $5 when META is at $450. What's your maximum gain?

AAPL is at $170. Which strategy profits from a small rise in the stock?

SPY drops 2% in a day. Which position likely gained value?

TSLA is highly volatile. Which strategy has the WORST risk/reward?

AMD is at $160. You sell a $150 put. What happens if AMD drops to $140?

Which strategy has the highest probability of profit but smallest potential gain?

You're bullish on AMZN but worried about a market crash. Best strategy?