Why people with small accounts look at options
An option lets you take a position on a share for much less money than buying the share itself, and the most a buyer can lose is the price paid for the option.
That is the attraction, and also the catch: options can lose value quickly, and some strategies carry far more risk than the premium. The guides start with how options are priced and how they behave, before they get to strategies.
What is waiting for you
- Options 101 What options are and how they are priced, with payoff diagrams, put-call parity, delta and delta hedging.
- Strategy guides Iron condors, spreads and butterflies, each with payoff diagrams and examples.
- Free tools An Excel workbook for option pricing, volatility analysis and position sizing.
- A free 7-day email course One lesson a day, from what an option is to building a first trading plan.
Start with the free material
The guides, the tools and the email course cost nothing. If you later want to go deeper, there is also a paid video course on the same site.
Start learning free