Options trading course
Options Trading Course in English and Spanish
Academia Trade is a bilingual options trading course for beginners and growing traders: 196 step-by-step lessons in English and Spanish, including 23 options lessons on contracts, the Greeks, income strategies, spreads and volatility, plus market structure and technical analysis. Read every lesson free, no account needed.
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Who this course is for
- Beginners who want the basics of options explained plainly, without hype.
- Spanish-speaking traders who want a full options education in their own language.
- Traders who sell options for income and want to understand the risk behind each trade.
Full curriculum
Every lesson is free to read, no account needed, and a free account adds the trading journal. Membership adds Signal Desk, more AI journal reviews, progress tracking and the community.
Options Module 1: Foundations
- 11.0: Introduction to Options & Contract Specifications8 Min
- 21.1: Call Options — Buying and Selling Mechanics10 Min
- 31.2: Put Options — Buying and Selling Mechanics10 Min
- 41.3: Option Moneyness & Value Structure8 Min
- 51.4: Option Pricing — Intrinsic vs. Extrinsic Value9 Min
- 61.5: Reading an Option Chain10 Min
- 71.6: Choosing the Stock — Fundamentals and Technicals12 Min
Options Module 2: The Greeks
Options Module 3: Execution & Risk
Options Module 4: Income Strategies
Options Module 5: Spreads & Volatility
Module 1: Foundations of Financial Markets
- 11.0: Introduction to Financial Markets15 Min
- 21.1: Equity Markets & Common Stock15 Min
- 31.2: Fixed Income & Debt Instruments20 Min
- 41.3: Foreign Exchange & Currency Markets15 Min
- 51.4: Commodity & Raw Materials Trading15 Min
- 61.5: Money Markets & Short-Term Debt15 Min
- 71.6: Primary vs. Secondary Markets15 Min
- 81.7: Market Indexes & Benchmarks15 Min
- 91.8: Trading Venues (Exchanges vs. OTC)20 Min
- 101.9: Market Microstructure & Order Types20 Min
Module 2: Market Participants
- 12.0: Overview of Market Participants15 Min
- 22.1: Retail Investors & Traders15 Min
- 32.2: Institutional Investors (Mutual/Pension Funds)20 Min
- 42.3: Hedge Funds & Proprietary Trading Firms20 Min
- 52.4: Investment Banks & Underwriters15 Min
- 62.5: Market Makers & Liquidity Providers20 Min
- 72.6: Central Banks & Monetary Policy20 Min
- 82.7: Brokers & Financial Intermediaries15 Min
- 92.8: Regulators & Market Oversight (SEC, CFTC)15 Min
- 102.9: Sovereign Wealth Funds15 Min
- 112.10: High-Frequency Trading (HFT) & Algorithmic Firms20 Min
Module 3: Order Flow & Liquidity Dynamics
- 13.0: Limit Order Books and Bid-Ask Spreads15 Min
- 23.1: Understanding Market Depth & Level II Data15 Min
- 33.2: Market Impact and Slippage Mechanics15 Min
- 43.3: Order Flow Imbalance (OFI) & Price Discovery15 Min
- 53.4: Adverse Selection & Toxic Order Flow (VPIN)20 Min
- 63.5: Market Making Mechanics and Inventory Risk15 Min
- 73.6: Dark Pools and Block Trading Execution15 Min
- 83.7: High-Frequency Trading (HFT) and Microstructure20 Min
- 93.8: Limit Order Book Modeling & Queue Position20 Min
Module 4: Technical Analysis & Charting Mechanics
- 14.0: Foundations of Price Action & Candlestick Anatomy15 Min
- 24.1: Support and Resistance Zones vs. Single Lines15 Min
- 34.2: Trendlines, Channels, and Structural Breakouts15 Min
- 44.3: Volume Analysis & Volume Profile (VPVR/POC)20 Min
- 54.4: Simple & Exponential Moving Averages (SMA/EMA)15 Min
- 64.5: Oscillator Mechanics: RSI and Stochastic Indicators15 Min
- 74.6: Trend Strength Indicators: MACD and ADX15 Min
- 84.7: Volatility Bands: Bollinger Bands & ATR15 Min
- 94.8: Classical Chart Patterns: Double Tops, Head & Shoulders15 Min
- 104.9: Fibonacci Retracements, Extensions & Golden Ratio15 Min
- 114.10: Multi-Timeframe Analysis & Confluence Modeling15 Min
- 124.11: Backtesting Technical Indicators & False Signal Filtering20 Min
Module 5: Candlestick Analysis
- 15.0: Introduction to Candlestick Analysis12 Min
- 25.1: Single Candlestick Patterns15 Min
- 35.2: Double Candlestick Patterns15 Min
- 45.3: Triple Candlestick Patterns15 Min
- 55.4: Candlestick Continuation Patterns15 Min
- 65.5: Candlestick Reversal Patterns15 Min
- 75.6: Candlestick Psychology & Order Flow Integration15 Min
- 85.7: Common Candlestick Trading Mistakes12 Min
- 95.8: Practical Candlestick Execution Strategies15 Min
Module 6: Chart Patterns
- 16.0: Introduction to Chart Patterns12 Min
- 26.1: Flag Patterns15 Min
- 36.2: Pennant Patterns15 Min
- 46.3: Triangle Formations15 Min
- 56.4: Wedge Patterns15 Min
- 66.5: Channel Trading Mechanics12 Min
- 76.6: Head and Shoulders Formations15 Min
- 86.7: Double Tops and Bottoms12 Min
- 96.8: Cup and Handle Pattern15 Min
- 106.9: Ascending and Descending Triangle Breakouts15 Min
- 116.10: Pattern Failure & Trap Mechanics15 Min
Module 7: Trend Analysis
Module 8: Volume Analysis
Module 9: Market Structure
- 19.0: Introduction to Market Structure15 Min
- 29.1: Swing Highs & Swing Lows15 Min
- 39.2: Break of Structure (BOS)15 Min
- 49.3: Change of Character (CHoCH)15 Min
- 59.4: Understanding Market Liquidity Pools15 Min
- 69.5: Internal vs External Structure15 Min
- 79.6: Premium vs. Discount Pricing15 Min
- 89.7: Fair Value Gaps (FVG) & Imbalances15 Min
- 99.8: Putting It Together: The Market Structure Blueprint20 Min
Module 10: Auction Market Theory
- 110.0: Introduction to Auction Market Theory15 Min
- 210.1: The Continuous Auction Process15 Min
- 310.2: Price Discovery and Valuation15 Min
- 410.3: Balance vs. Imbalance15 Min
- 510.4: Defining the Value Area (VAH, VAL, POC)20 Min
- 610.5: Understanding Market Excess & Rejection15 Min
- 710.6: Initiative vs. Responsive Activity15 Min
- 810.7: Market Acceptance vs. Rejection15 Min
- 910.8: Constructing an Auction Market Framework20 Min
- 1010.9: Practical Application: Profile Playbook20 Min
- 1110.10: Summary & Auction Mastery15 Min
Module 11: Volume Profile
- 011.0: Introduction to Volume Profile15 Min
- 111.1: Building a Volume Profile15 Min
- 211.2: Point of Control (POC)15 Min
- 311.3: The Value Area (VAH & VAL)20 Min
- 411.4: High Volume Nodes (HVN)15 Min
- 511.5: Low Volume Nodes (LVN)15 Min
- 611.6: Composite Profiles20 Min
- 711.7: Volume Profile Strategies20 Min
- 811.8: Practical Application: Profile Playbook20 Min
Module 12: Order Flow
Module 13: Advanced Derivatives & Swaps
- 013.0: Introduction to Swaps & Derivatives Architecture15 Min
- 113.1: Interest Rate Swaps (IRS) Mechanics15 Min
- 213.2: Credit Default Swaps (CDS) & Default Protection20 Min
- 313.3: Total Return Swaps (TRS) & Synthetic Exposure15 Min
- 413.4: Foreign Exchange Swaps & Cross-Currency Swaps15 Min
- 513.5: Exotic Options: Barrier, Digital & Lookback Options20 Min
- 613.6: Structured Notes & Capital Protection Products15 Min
- 713.7: Counterparty Risk, ISDA Agreements & Collateral (CSA)20 Min
- 813.8: Practical Derivatives Application: Corporate Risk Playbook20 Min
Module 14: High-Frequency Trading Architecture
- 014.0: Introduction to High-Frequency Trading (HFT)15 Min
- 114.1: Microsecond Hardware, FPGAs & Kernel Bypass15 Min
- 214.2: Exchange Matching Engines & Order Gateways15 Min
- 314.3: Co-Location & Microwave Transmission Networks20 Min
- 414.4: Market Making Algorithms & Inventory Risk20 Min
- 514.5: Latency Arbitrage & Cross-Venue Arbitrage15 Min
- 614.6: Dark Pools, Internalization & Payment for Order Flow (PFOF)20 Min
- 714.7: HFT Risk Controls, Circuit Breakers & Kill Switches15 Min
- 814.8: Analyzing HFT Impact on Market Quality & Liquidity20 Min
Module 15: Behavioral Economics & Sentiment Models
- 015.0: Cognitive Biases in Trading15 Min
- 115.1: Prospect Theory & Mental Accounting in Portfolio Decisions15 Min
- 215.2: Sentiment Analysis Frameworks20 Min
- 315.3: Social Media & NLP Sentiment Signals20 Min
- 415.4: Market Psychology & Herd Behavior20 Min
- 515.5: Institutional Positioning Metrics20 Min
- 615.6: Quantitative Sentiment Modeling20 Min
- 715.7: Neurofinance & Decision Making Under Risk15 Min
- 815.8: Building Sentiment-Driven Algorithmic Strategies & Risk Rules20 Min
Module 16: Algorithmic Execution & Order Routing
- 016.0: Overview of Institutional Algorithmic Execution Strategies15 Min
- 116.1: TWAP & Volume Trajectory Algorithms15 Min
- 216.2: VWAP Engineering & Tracking Error20 Min
- 316.3: Implementation Shortfall & Arrival Price Algorithms20 Min
- 416.4: Smart Order Routing Architecture & Exchange Fee Schedules20 Min
- 516.5: Dark Pool Aggregation & Anti-Gaming Execution Tactics20 Min
- 616.6: Market Impact Models & Transaction Cost Analysis (TCA)20 Min
- 716.7: Dynamic Adaptive Algorithms20 Min
- 816.8: Institutional TCA Reporting & Execution Optimization20 Min
Module 17: Portfolio Engineering & Asset Allocation
- 017.0: Modern Portfolio Theory (MPT) & Efficient Frontier Optimization20 Min
- 117.1: Capital Asset Pricing Model (CAPM), Beta, & Security Market Line15 Min
- 217.2: Multi-Factor Risk Models (Fama-French, Carhart, & Barra Factors)20 Min
- 317.3: Black-Litterman Model & Bayesian Asset Allocation20 Min
- 417.4: Risk Parity & Equal Risk Contribution (ERC) Portfolios20 Min
- 517.5: Dynamic Rebalancing, Tax-Loss Harvesting, & Friction Management20 Min
- 617.6: Alternative Beta, Risk Premia, & Smart Beta Indexing15 Min
- 717.7: Tail Risk Hedging & Downside Protection Frameworks20 Min
- 817.8: Institutional Asset-Liability Management (ALM) & Endowment Models20 Min
Module 18: Regulatory Jurisdictions & Compliance
- 018.0: Global Market Regulatory Frameworks (SEC, CFTC, FINRA, ESMA, FCA)15 Min
- 118.1: Market Abuse, Insider Trading, & Front-Running Enforcement20 Min
- 218.2: Anti-Money Laundering (AML) & Know Your Customer (KYC) Protocols15 Min
- 318.3: Trade Reporting, Audit Trails, & CAT (Consolidated Audit Trail)20 Min
- 418.4: Capital Adequacy Rules, Basel III/IV, & Risk-Weighted Assets20 Min
- 518.5: Best Execution Compliance & MIFID II Unbundling Requirements20 Min
- 618.6: Cross-Border Regulatory Jurisdictions & Offshore Tax Frameworks20 Min
- 718.7: Algorithmic & HFT Compliance Governance (SEC Rule 15c3-5, MAR)20 Min
- 818.8: Regulatory Technology (RegTech) & Automated Surveillance Pipelines20 Min
Module 19: Global Arbitrage & Event-Driven Trading
- 019.0: Overview of Global Arbitrage & Event-Driven Strategies15 Min
- 119.1: Merger & Risk Arbitrage (M&A Deal Structures & Break Spreads)20 Min
- 219.2: Convertible Bond Arbitrage & Delta-Neutral Volatility Trading20 Min
- 319.3: Fixed Income & Yield Curve Arbitrage (Treasury-Swap Spreads, Basis Trades)20 Min
- 419.4: Index Arbitrage & Program Trading Mechanics20 Min
- 519.5: Distressed Debt, Restructuring, & Bankruptcy Investing20 Min
- 619.6: Corporate Actions & Special Situations (Spin-offs, Tender Offers, Rights Offerings)20 Min
- 719.7: Cross-Border & ADR Arbitrage (FX & Capital Control Dynamics)20 Min
- 819.8: Quantitative Event-Driven Strategies (Earning Surprises, NLP Catalyst Feeds)20 Min
Options & trading glossary
Plain-English definitions of the terms traders search for most. Free, no account needed.
- American-Style Option
- Assignment
- Backwardation
- Bearish
- Bid-Ask Spread
- Breaker Block
- Bullish
- Capitulation
- Cash-Secured Put
- Change of Character (CHoCH)
- Charm
- Contango
- Covered Call
- Credit Spread
- Debit Spread
- Delta
- Discount Zone
- Dovish
- European-Style Option
- Exercise
- Expiration Date
- Extrinsic Value
- Fair Value Gap (FVG)
- FOMO
- Gamma
- Hawkish
- Historical Volatility (HV)
- Implied Volatility (IV)
- In-The-Money (ITM)
- Intrinsic Value
- Iron Condor
- IV Crush
- Liquidity Sweep
- Market Structure Shift (MSS)
- Mitigation Block
- Moneyness
- Naked Option
- Open Interest
- Order Block
- Out-of-The-Money (OTM)
- Pin Risk
- Premium Zone
- Rho
- Risk-Off
- Risk-On
- Straddle
- Strangle
- Strike Price
- Theta
- Vanna
- Vega
- VIX
Educational content only, not investment advice.