Options Flashcards
110 cards across 5 sets. These are the concepts I needed to know cold before I felt confident placing real trades. Flip, rate yourself, and drill until it's automatic.
How It Works
Tap to flip the card. On mobile, swipe right if you nailed it, left if you didn't.
Be honest -- mark each card Easy, Medium, or Hard. The ones you struggle with come back more often. That's the point.
At the end, you'll see exactly where you're weak. Filter to drill just those cards until they click.
Options Basics
The stuff I wish someone had drilled into me before I placed my first trade -- calls, puts, strikes, premium, assignment, and the core terminology you need to not sound lost.
Greeks Mastery
Delta, theta, IV, gamma, vega -- the numbers behind every dollar you make or lose selling options. These clicked for me around trade #50. Let's speed that up for you.
Wheel Mechanics
The full wheel loop -- selling CSPs, getting assigned, flipping to covered calls, collecting premium the whole way. This is the playbook that grew my $6K account.
Strike & DTE Selection
The .20 vs .25 vs .30 delta debate, weekly vs monthly expirations, and the theta curve -- once you nail this stuff, your win rate jumps overnight.
Risk Management
The hard-earned lessons -- position sizing, when to roll vs take assignment, dodging earnings landmines, and what to do when the market drops 15% in a week. I learned some of these the expensive way.