Options Trading

The Academy's core course: the complete repertoire of options strategies, organized by what you expect the price to do. It stands on its own —the first three modules rebuild the vocabulary from zero: option, strike, premium, expiration, Delta, Theta, and Vega— and then works through five blocks up to the hybrid structures. You follow Marina, who starts again with $12,000 on NOVA trading at $55, and build every strategy step by step: what you buy, what you sell, what comes in or goes out, where the break-even sits, and how much you lose in the worst case. Intermediate level, explained from the ground up.

What you'll learn

• Master the four basic positions and their real risk profiles
• Generate income with the Cash-Secured Put and the Covered Call, with numbers
• Trade bullish with vertical spreads and the Poor Man's Covered Call
• Trade bearish with bearish spreads and long protective puts
• Work sideways markets: Collar, Iron Condor, Iron Butterfly, and Calendar
• Position on volatility with Straddles, Strangles, and hybrids
• Pick the right structure using a synthesis table organized by bias

Course content

1. Options fundamentals
2. Cash-Secured Put
3. Covered Call
4. Bull Call Spread and Bull Put Spread
5. Poor Man's Covered Call
6. Bear Call Spread and Bear Put Spread
7. Long puts: protection and speculation
8. Collar
9. Iron Condor
10. Iron Butterfly
11. Calendar Spread
12. Straddles and Strangles
13. Jade Lizard
14. Broken Wing Butterfly and course wrap-up