ThetaData options data
verified Free course
Learn options without worshipping the option chain.
A structured education layer for options, spreads, volatility, probability, and delta buckets. Learn the language first, then step into BOR, the screener, and live market discussions with better questions.
Course map
Practical first. Academic only when useful.
Options basics
Calls, puts, strike prices, expiration, intrinsic value, extrinsic value, and why option prices move.
Greeks and volatility
Delta, theta, gamma, vega, implied volatility, expected move, and the practical meaning of each input.
Spreads and structures
Credit spreads, debit spreads, covered calls, cash-secured puts, iron condors, calendars, and broken-wing butterflies.
Risk, probability, and sizing
Probability of profit, max loss, assignment risk, slippage, liquidity, Kelly-style thinking, and portfolio-level exposure.
IntraAlpha method
Delta buckets, BOR selection logic, watchlists, screeners, and reading options without staring at raw chain noise.
Source material
Options education connected to the product.
The course connects strategy lessons to real product surfaces: BOR, watchlists, screeners, delta buckets, portfolio context, and company coverage.
- Options mechanics, payoff diagrams, definitions, and strategy examples.
- Credit spreads, iron condors, butterflies, calendars, covered calls, and cash-secured puts.
- Best Options Report explainers, examples, and usage guides.
- Live examples from watchlists, screeners, company coverage, and BOR artifacts.