Track #1: Beginner Course

Building a solid foundation and understanding of how options really work is critical to your long-term success and ability to consistently make money trading. If you're completely new (or even fairly new) to options trading then this track was created just for you.

We've painstakingly outlined this course so that each lesson focuses on the most important topics to help you quickly hack the options trading learning curve. Take your time as you work through each tutorial and don't be shy about asking questions along the way.

Start This Track

Introduction to Beginner Course

Welcome to Track #1 here at Option Alpha! This video will introduce the major concepts and topic areas we'll be covering as you make your wa...

What Is An Options Contract?

An options contract is just simply an agreement between a two parties (buyer and seller) that gives the purchaser of the option the right to...

Stock Trading vs. Options Trading

Stock trading and options trading are completely different ways to make money in the market. In this video, we'll break down the benefits an...

Options Contract Specifics

There are basically 5 parts to an options contract. The stock, expiration date, strike prices & strategy, option type and debit paid or cred...

Call vs. Put Options Basics

There are only 2 types of options contracts; Calls or Puts and everything you can do in this space revolves around the use of these 2 contra...

Buying Options vs. Selling Options

The difference between buying options and selling options comes down to simply understanding your rights and obligations that you transfer t...

Option Profit & Loss Diagrams

Option payoff or Profit & Loss diagrams help us understand where our options strategies win or lose money at expiration based on different s...

Reading an Options Pricing Table

Broker platforms conveniently display all the option pricing, contracts, strike prices in an easy to follow "options pricing table" for inve...

Option Moneyness (ITM, OTM & ATM)

Options are generally classified by traders into 3 different categories based on the relationship of the strike price to the underlying stoc...

Options Pricing & The "Greeks"

Option traders often refer to the delta, gamma, vega and theta of their option position as the "Greek" which provide a way to measure the se...

Options Expiration & Assignment

Options contracts have finite expiration dates and are regulated by the Options Clearing Corp. In this video, we'll cover the entire options...

What's Our "Edge" Trading Options?

Every successful business has some sort of "edge" that gives them a long-term advantage over someone else or in the marketplace. As traders,...

Single vs. Multi-Leg Options Strategies

Although single leg options strategies like buying Calls and Puts are fine to use, when we start combining options of different types and st...

Technical Analysis Indicators & SIGNALS

Technical analysis and technical analysis indicators are popular tools used by traders and investors for forecasting the direction of stock ...

Small Account Options Strategies

Trading a small account (which we define as any account under $25k of equity or cash) you should be focusing on the following options strate...

How to Generate Consistent Income Trading Options

In this video, I'll lay out the complete framework for our system which can help you learn how to generate consistent income trading options...

Kirk Du Plessis

Course Instructor

Full-time options trader, real estate investor & Option Alpha founder. Former mergers and acquisitions investment banker for Deutsche Bank in New York, REIT Analyst for BB&T Capital Markets in Washington D.C., and Options Strategy Consultant for multiple hedge funds.

Course Objectives

What You'll Learn:

Master foundational option contract basics and terminology.
Learn how to use option payoff diagrams to build multi-leg strategies.
Reading and navigating pricing tables and option "moneyness".
Finding out exactly why our edge trading comes from implied volatility.
The best strategies for small accounts and how to generate income with options.

Join More Than 155,376 Members

Membership is always free & you can upgrade anytime to unlock our live trades.

Join for FREE

Option Alpha