COURSE_MODULE

Academy/options-foundations

Options Foundations

A beginner-first course that builds intuition around options, pricing, risk, and probability before tackling complex strategies.

4 Modules

11 Units

Interactive Labs

Foundations

What options are and how to think about them.

Unit 1

What Are Options

Core idea, contracts, and payoffs.

Options vs Stocks

Risk, capital, and time tradeoffs.

Option Terminology

Vocabulary that makes everything else easier.

Payoff & Risk

Visual intuition for payoff, break-even, and Greeks.

Unit 1

Payoff Basics

Core shapes, break-evens, and payoff logic.

Greeks in Plain English

Delta, gamma, theta, and vega intuition.

Volatility & Pricing

Why options move with time and volatility.

Unit 1

Volatility Basics

What IV means and how it shapes price.

Pricing & Decay

Time value, intrinsic value, and theta.

Probability & Simulation

Expected value, probability of profit, and Monte Carlo intuition.

Unit 1

Spreads 101

Why spreads change payoff and risk.

Probability & EV

Expected value, win rate, and edge.

Monte Carlo Intro

Simulation thinking for uncertain outcomes.

Putting It Together

Combine concepts into a complete mental model.