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

Volatility & Skew Recap

Test your knowledge of volatility concepts and skew patterns. Select the best answer for each question.

AAPL has 30-day HV of 20% and IV of 35%. What does this suggest?

Which typically shows reverse skew (puts more expensive than calls)?

VIX spikes to 35. Best volatility trading strategy?

META puts have higher IV than calls. This pattern is called:

Which best indicates potential volatility mean reversion?

TSLA earnings next week. How does this affect the volatility surface?

Which strategy profits from decreasing skew?

SPY puts show strong skew. Best way to trade this?