Skill Level: Trading Noob

Targeted Audience: If you have never traded options before, this section is a good place to start.

End Goal: After going through the various lessons, you will start to hopefully pick up basic option lingo. On top of option terms, you should start to understand the different elements that determine the pricing of call/put options.

Next Step: Now that you have a solid foundation in the basics, you can start to learn about the various option strategies.

We recommend starting with some basic strategies such as long call, long put, and covered call.

Skill Level: Beginner

Targeted Audience: This section is meant for traders that are looking for various strategies to implement when they have a bullish assumption for an underlying asset.

End Goal: Even though all these bullish option strategies share the same success factor (the stock price goes up), other factors such as IV, option greeks, and portfolio management will determine which of these strategies will return the best results.

Next Step: Now that you have an idea of which strategies to use when you want the underlying asset to rise, go ahead and learn about the strategies that benefit from the downside.

We recommend trying to learn about bearish call spreads and bearish put spreads.

Skill Level: Beginner

Targeted Audience: This section is meant for traders that are looking for various strategies to implement when they have a bearish assumption for an underlying asset.

End Goal: Even though all these bearish option strategies share the same success factor (the stock price goes down), other factors such as IV, option greeks, and portfolio management will determine which of these strategies will return the best results.

Next Step: Now that you have an idea of which strategies to use when you want the underlying asset to fall, go ahead and learn about the strategies that benefit when the underlying stock trades sideways.

We recommend trying to learn about iron condors and short strangles.

Skill Level: Beginner

Targeted Audience: When the market trends sideways, people that trade stocks miss out on the potential to profit from the upside or downside. Luckily with options, a market moving sideways can bring in profits as well when implementing the correct strategies.

This section provides the strategies that all people to make money even when the market seems to be stagnant.

End Goal: Once you have finished learning the neutral strategies, you will be able to benefit from the contraction and expansion of implied volatility.

Next Step: Now that you have presumably learned about all the different option strategies (if not, check out bullish strategies and bearish strategies), you as a trader have the ability to make money no matter what state the market is in (bullish, bearish, or neutral).

To learn more about putting on real trades check out content about trading mechanics and trading psychology. If you feel ready to start trading, the best and fastest way to learn is to jump in the market.

Remember when starting off to only use capital you're comfortable losing and trade small. Defined risk trades are recommended when first starting as it allows you to set your max loss at order entry.