Options Trading

  1. Fundamental Options Strategies
    1. Single-Leg Strategies
      1. Long Call (Buying a Call)
        1. Market Outlook
          1. Risk and Reward Profile
            1. Breakeven Analysis
              1. Time Decay Impact
              2. Long Put (Buying a Put)
                1. Market Outlook
                  1. Risk and Reward Profile
                    1. Breakeven Analysis
                      1. Protective Put Usage
                      2. Short Call (Selling a Naked Call)
                        1. Market Outlook
                          1. Margin Requirements
                            1. Risk and Reward Profile
                              1. Assignment Risk
                              2. Short Put (Selling a Naked Put)
                                1. Market Outlook
                                  1. Margin Requirements
                                    1. Risk and Reward Profile
                                      1. Assignment Considerations
                                      2. Covered Call
                                        1. Mechanics and Setup
                                          1. Income Generation
                                            1. Opportunity Cost
                                              1. Rolling Strategies
                                              2. Cash-Secured Put
                                                1. Mechanics and Setup
                                                  1. Acquiring Stock at a Discount
                                                    1. Capital Requirements
                                                      1. Wheel Strategy Integration
                                                    2. Understanding Profit/Loss Diagrams
                                                      1. Reading P/L Diagrams
                                                        1. X-Axis (Stock Price)
                                                          1. Y-Axis (Profit/Loss)
                                                          2. Maximum Profit
                                                            1. Calculating Max Profit
                                                              1. Profit Zones
                                                              2. Maximum Loss
                                                                1. Calculating Max Loss
                                                                  1. Risk Zones
                                                                  2. Breakeven Points
                                                                    1. Single Breakeven
                                                                      1. Multiple Breakevens
                                                                      2. Impact of Time Decay on P/L
                                                                        1. Impact of Volatility Changes on P/L

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                                                                      4. The Greeks: Measuring Option Risk and Sensitivity

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                                                                      6. Spreads: Multi-Leg Strategies