Learn
Options Trading
Calls, puts, strikes, expirations, the Greeks, and the risk on each side.
- Calls vs puts: the fundamentalsThe two basic option contracts.
- Strike prices and expiration cyclesMoneyness, time value and when options expire.
- Understanding the Greeks: delta, theta and IVThe numbers that tell you how an option's price will behave.
- Buyer risk vs seller riskWho can lose what when options are bought or sold.
- Cash-secured putsSell a put, collect the premium — buy the stock at a discount you chose, or keep the cash.
Education only, not investment advice. Trading involves real risk of loss, including loss of everything you put in. See the full disclaimer.