Here’s a free resource for options trading I created. It's 60 lessons structured into a course that cover most concepts you should know to run a solid option selling portfolio. Here's the link:

https://predictingalpha.com/the-ultimate-guide-to-selling-options/

Backstory

A couple years ago I wrote a series on this sub about how to sell options profitably that the community loved. I mentioned continuing it and thats pretty much what this is - an archive of everything I know about options and option selling.

I made this because there's a lot of noise out there around options education, so this is the no BS course I wish existed when I was getting into the space. I tried to make it easy to go through but realistically some of it will be challenging because hey, options are complicated.

What it covers:

• Basics of how options work - All the characteristics and important parts of option contracts.

• Volatility module - Teaches you how volatility works and impacts option prices. Includes important concepts like variance risk premium.

• Learning and interpreting option greeks - Complete breakdowns of each option greek, how they interact with each other and why they matter for your trades.

• Skew and term structure - How to think about different strikes and expirations when structuring trades.

• Option selling structures - Four different ways to structure your trades and how to pick between them.

• Trading strategy fundamentals - Basically how to treat your trading like a business and really understand how to extract returns from the market.

• Ideas that have potential - Serious strategy talk. Now that you know how options works, we cover some things that could spark cool ideas for you.

• Two strategies I've found valuable - Two risk premium strategies that have been around for while and are well documented. I wrote out a complete guide for both of them: selling options on ETFs and selling options around earnings events.

Hope you like it! I spent a lot of time putting it together so I'd be happy to hear any feedback on how it can be improved.

Note: I want to disclose that I do provide software for option selling through my website. This archive will always remain free with no strings attached—zero obligation to buy anything.

Thanks to the mod team for allowing me to share this, happy trading everyone!