Education / Options Basics

Options Basics

Calls, puts, expirations, strike prices, premium, open interest, volume, and options risk.

Terminology and risk

Learn the language before interpreting options flow.

This category covers calls, puts, strike prices, expiration dates, premium, open interest, volume, and why options risk can move quickly.

Calls and puts

Understand the basic contract types before studying strategy or flow.

Strike and expiration

Learn how time and price levels shape contract behavior.

Premium and decay

See why an option can lose value even when the stock view is partly right.

Volume and open interest

Use activity and existing positioning as context, not certainty.

Suggested articles

What Is an Option Contract? Calls vs Puts Explained Strike Price and Expiration Explained Intrinsic Value vs Extrinsic Value Options Greeks: Delta, Gamma, Theta, Vega Covered Calls Explained Cash-Secured Puts Explained What Options Flow Really Means Why High Premium Flow Can Be Misleading Volume vs Open Interest Sweep, Block, and Split Orders Explained LEAPS Activity Explained Short-Dated Options Flow Risk

Related categories

For financial education and market research only. Not investment advice. Not a recommendation to buy, sell, or hold any security. Trading and investing involve risk, including possible loss of capital.