Options 101 is a concise, plain-language introduction to how options actually work, how their premiums are priced, and how investors use them for hedging, income generation, and speculation.
Inside, you’ll learn the fundamentals of calls and puts, intrinsic and time value, the key factors that influence option prices, the Greeks, common strategy structures, and the risks that come with leverage, time decay, volatility, liquidity, and assignment.
The guide also introduces practical portfolio applications including covered calls, protective puts, cash-secured puts, vertical spreads, collars, and straddles/strangles, while emphasizing position sizing and understanding maximum potential loss before entering a trade.
Ideal for: beginner investors, finance students, aspiring traders, or anyone who wants a stronger foundation in derivatives without being buried in unnecessary jargon.
What you’ll learn:
Calls, puts, strikes, premiums, and expiration
Intrinsic value vs. time value
What drives option pricing
Delta, Gamma, Theta, Vega, and Rho
Common options strategies and their objectives
Position sizing and options-specific risk
How options can be used within a broader portfolio
Axion Alpha Systems — Educational Series
For educational purposes only. This material does not constitute financial, investment, or tax advice.
Options 101 is a concise, plain-language introduction to how options actually work, how their premiums are priced, and how investors use them for hedging, income generation, and speculation.
Inside, you’ll learn the fundamentals of calls and puts, intrinsic and time value, the key factors that influence option prices, the Greeks, common strategy structures, and the risks that come with leverage, time decay, volatility, liquidity, and assignment.
The guide also introduces practical portfolio applications including covered calls, protective puts, cash-secured puts, vertical spreads, collars, and straddles/strangles, while emphasizing position sizing and understanding maximum potential loss before entering a trade.
Ideal for: beginner investors, finance students, aspiring traders, or anyone who wants a stronger foundation in derivatives without being buried in unnecessary jargon.
What you’ll learn:
Calls, puts, strikes, premiums, and expiration
Intrinsic value vs. time value
What drives option pricing
Delta, Gamma, Theta, Vega, and Rho
Common options strategies and their objectives
Position sizing and options-specific risk
How options can be used within a broader portfolio
Axion Alpha Systems — Educational Series
For educational purposes only. This material does not constitute financial, investment, or tax advice.
