📉 Options & Cboe

Calls, puts, and theta — leverage that can 10x a trade or expire at zero by Friday

7 lessons

• 1What Are Options?
• 2Calls: Leveraged Bets on Growth
• 3Puts: Profit From Drops & Portfolio Insurance
• 4Covered Calls — Getting Paid to Wait
• 5Delta & Implied Volatility — The Two Numbers That Matter
• 6Theta — The Clock That Robs You
• 7Spreads — Boxing In Your Risk

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