Options Trading: A WSB Survival Guide
Learn options trading the fun way — calls, puts, Greeks, margin, and the strategies that made (and broke) WallStreetBets legends. No suits, no jargon worship, just what actually matters.
Lessons
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WTF is an Option? Calls & Puts
The fundamentals: what options are, calls vs puts, payoff diagrams, premium, and the buyer/seller dynamic.
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The Greeks: Forces That Move Options
Delta, Gamma, Theta, Vega, and Rho — the five forces that determine option prices, with practical examples.
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Strikes, Expiry & Moneyness
ITM, ATM, OTM — how strike selection and time until expiration shape risk and reward.
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Margin & Leverage: The Double-Edged Sword
How margin works, maintenance requirements, PDT rules, portfolio margin, and why naked options can blow up accounts.
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WSB Strategy Playbook: Covered Calls to YOLOs
Every strategy from sensible covered calls to degenerate all-in OTM weeklies, with probability profiles.
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Risk Management: How Not to Go Broke
Position sizing, the Kelly Criterion, stop-losses, correlation risk, and the discipline that keeps pros alive.
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Reading the Tape: Order Flow & Volume
Open interest, unusual options activity, put/call ratios, max pain, and gamma exposure — the real edge.
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The Grand Quiz: Prove You Were Paying Attention
12 questions covering every lesson. Score yourself and find out if you're ready for the market or need more study.