Options Basics For Value Investors
The Path Forward: From Basics to Strategy
The Path Forward: From Basics to Strategy: Transition guide that links to covered calls, puts, LEAPs, etc. Practical guidance on valuation and option risk.
Using Options to Express a Valuation Thesis
Using Options to Express a Valuation Thesis: How options let you act on intrinsic value estimates. Practical guidance on valuation and option risk.
Options Premiums as Yield Alternatives
Options Premiums as Yield Alternatives: Viewing premiums as 'rent' collected on stocks. Practical guidance on valuation and option risk controls.
Time Decay as a Tool for Value Investors
Time Decay as a Tool for Value Investors: How theta decay creates income opportunities. Practical guidance on valuation and option risk controls.
Risks of Options Trading Explained
Risks of Options Trading Explained: Breaking down risks beyond just losing the premium. Practical guidance on valuation and option risk controls.
Options as Leverage
Options as Leverage: How options amplify returns (and risks). Practical guidance on valuation and option risk controls. Built for disciplined long-term.
Options and Intrinsic Value Investing
Options and Intrinsic Value Investing: How value investors can interpret option premiums. Practical guidance on valuation and option risk controls.
Connecting Options to Business Fundamentals
Connecting Options to Business Fundamentals: Linking options to earnings yield, FCF, and valuation. Practical guidance on valuation and option risk.
Margin of Safety Applied to Options
Margin of Safety Applied to Options: Using options to build a buffer and reduce risk. Practical guidance on valuation and option risk controls.
Options Liquidity and Bid-Ask Spreads
Options Liquidity and Bid-Ask Spreads: Why spreads matter and how to avoid overpaying. Practical guidance on valuation and option risk controls.
Understanding Implied Volatility
Understanding Implied Volatility: What IV tells investors about market expectations. Practical guidance on valuation and option risk controls.
Option Payoff Diagrams Explained
Option Payoff Diagrams Explained: Visualizing risk and reward in calls/puts. Practical guidance on valuation and option risk controls.
Margin Requirements for Options
Margin Requirements for Options: How brokers set requirements and risks involved. Practical guidance on valuation and option risk controls.
Liquidity and Open Interest
Liquidity and Open Interest: Why volume and open contracts matter. Practical guidance on valuation and option risk controls.
Buying vs. Selling Options
Buying vs. Selling Options: How being the option writer vs. buyer changes outcomes. Practical guidance on valuation and option risk controls.
Assignment and Exercise
Assignment and Exercise: What happens when options are exercised or assigned. Practical guidance on valuation and option risk controls.
How Options Are Priced
How Options Are Priced: Basic overview of intrinsic vs. extrinsic value. Practical guidance on valuation and option risk controls.
The Language of Options: Key Terms
The Language of Options: Key Terms: Strike price, expiration, premium explained simply. Practical guidance on valuation and option risk controls.
Expiration Dates and Time Value
Expiration Dates and Time Value: How option lifespans affect pricing. Practical guidance on valuation and option risk controls.
How Options Differ from Owning Stocks
How Options Differ from Owning Stocks: Comparing rights, obligations, and leverage. Practical guidance on valuation and option risk controls.
Calls vs. Puts Explained
Calls vs. Puts Explained: Clear breakdown of the two main contract types. Practical guidance on valuation and option risk controls.
What is an Option Contract?
What is an Option Contract?: Beginner-friendly definition of calls and puts. Practical guidance on valuation and option risk controls.
The Greeks Made Simple
The Greeks Made Simple: Delta, theta, vega explained for value investors. Practical guidance on valuation and option risk controls.