The channel shows the thinking. This guide is the decoder — payoff shape, obligations, and the mistakes that wreck small accounts.
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The Telegram channel shows the daily why — which macro theme is relevant, which of the 4 strategies fits, and how the "house logic" applies to a teaching ticker.
This guide is the decoder you read first — how the payoff works, what your obligations are, and what your maximum loss looks like, before you ever look at an options chain.
Every strategy comes with a plain-English explanation, a worked example, a payoff diagram, capital-at-risk, max loss, and a what-can-go-right / what-can-go-wrong breakdown.
You accept an obligation to buy a stock you want to own — and get paid a credit to take that obligation. If assigned, you own the stock at your chosen price.
Put selling with built-in protection — your maximum loss is the spread width minus the credit received, known before you enter.
Collect a credit from shares you already own. If the stock rises past your strike, your shares may be called away — that is the obligation, not a bonus.
A cycle of put selling and covered calls — but it only works if you genuinely want to own the underlying stock at the assigned price.
A step-by-step order to learn them in, plus the 5 mistakes that quietly wreck beginner accounts.
Four strategies. Payoff shapes. Obligations. Max loss. The only next click that answers "how does this work?" is below.
Send me the guide →Guide page 1 — cash-secured put: what you must buy if assigned
Guide page 2 — credit spread: max loss is the width minus credit
Guide page 3 — covered call: rent vs having shares called away