Prady Prakash

Options, practically

A practical, low-math introduction to options trading: calls, puts, payoff diagrams, the Greeks, and a paper-trading simulator.

01

Calls & Puts

What an option actually is, and what you're buying or selling.

02

Payoff Diagrams

Visualizing profit and loss across a range of underlying prices.

03

The Greeks

Delta, theta, vega — what they mean in plain English, no formulas.

04

IV Rank

Telling cheap premium from expensive premium.

06

Strategies

Covered calls, cash-secured puts, and vertical spreads.

07

Simulator

Run a strategy against a price path and watch the P&L.