Leverage

Calls & Puts

The right to buy or sell, not the obligation

How Options Are Priced

Intrinsic value, time value, and the Greeks

Covered Calls & Protective Puts

Using options to protect or generate income on shares you own

Spreads

Defined risk, defined reward. The training wheels of options.

How Margin Works

Borrowing money to buy more stock

Margin Calls

When your broker forces you to sell

How Short Selling Works

Profiting when stocks go down

Short Squeezes

When shorts get crushed: the GameStop saga