Beginner Level

Section 1: What Are Options?

1. Definition of options

2. Call & Put options

3. Key terms: strike price, expiration date, premium, underlying asset

Section 2: Why Trade Options?

1. Advantages of options trading

2. Risks and rewards

3. Comparing options to stocks and other derivatives

Section 3: Options Market Basics

1. How options are traded (exchanges, liquidity, etc.)

2. Options chains and how to read them

3. Bid-ask spread and market makers

Section 4: Options Pricing Basics

1. Intrinsic value & extrinsic value

Section 5: Factors affecting options pricing

(underlying price, volatility, time, interest rates)

Section 6: Theta θ

Time Value and Its Decay (Theta θ)

Section 7: Understanding the short selling.

1. Understanding the short selling.

2. Short Selling Vs buying Put Options

Section 8: Key Players in the Options Market

1. Long Options vs. Short Options: Buyer vs. Seller

2. Key players in options market: Hedgers, speculators, and arbitrageurs

Section 9: Basic Options Strategies

1. Buying calls and puts

2. Selling covered calls

3. Protective puts

Section 10: Understanding Risk in Options

1. Maximum risk and reward

2. Probability of profit

3. Importance of position sizing