From zero to options
Options are simple instruments that get complicated fast. This journey starts with what a derivative actually is, walks through the Greeks (delta, theta, vega, gamma) so you have a working vocabulary, then layers in the strategies — covered calls, cash-secured puts, vertical spreads, calendars — that give you precise control over risk and reward. By the end you can read an options chain and explain every column.
Your path
Work through the courses in order, or skip to whichever fits where you are. Every course is free and saves your progress locally.
- 1Options FundamentalsBeginner
Understand what options are, how they're priced, and how investors use them for income, speculation, and hedging.
- 2Options: The Greeks and BeyondIntermediate
Understand how options work, basic strategies, and the Greeks that drive option pricing.
- 3Advanced Options StrategiesAdvanced
Master multi-leg strategies, volatility trading, and risk management techniques used by professional options traders.
- 4Derivatives Beyond OptionsAdvanced
Go beyond basic options to understand futures, forwards, swaps, put-call parity, and the Greeks in practice. These instruments drive trillions in daily volume and directly affect how institutional investors hedge, speculate, and manage risk.