Learn options trading, step by step
Beginner · 6 minWhat is an option?Calls, puts, strike, expiry, premium and lot size: the building blocks of every options strategy.Beginner · 6 minPremium, moneyness and time valueWhy an option costs what it costs: intrinsic value, time value, and ITM / ATM / OTM.Beginner · 8 minThe Greeks: delta, gamma, theta, vegaHow an option's price responds to the underlying, to time and to volatility.Intermediate · 6 minImplied volatilityWhat IV means, why premiums rise before events, and why IV can fall even when you were right on direction.Beginner · 6 minReading a payoff diagramMax profit, max loss and breakevens at a glance, and why 'today' differs from 'at expiry'.Intermediate · 9 minCore strategies: spreads, straddles, strangles, condorsHow common multi-leg structures are built, what they risk and what they earn.Intermediate · 8 minReading the option chain: OI, PCR and max painWhat each column means, how open interest is read, and the limits of these indicators.Intermediate · 7 minMargin and charges in Indian marketsWhy sellers need margin, why costs matter more than most beginners expect, and where to check current rates.Intermediate · 8 minRisk management and position sizingDeciding how much you can lose before you place a trade: risk per trade, stops, trailing stops and reward-to-risk.Advanced · 7 minAdjusting a positionWhy traders adjust, common adjustments, and the cost of every change.Advanced · 7 minExpiry day and settlementHow index and stock options settle, and why expiry day behaves differently.Beginner · 8 minPsychology, journaling and what paper trading can't teachWhy the journal matters, how paper and real trading differ, and what SEBI's studies say about results.
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