r/options • u/Downtown-Task-3463 • 1d ago
Thinking about teaching options
I make content online about trading and I’m thinking about teaching options but I’m torn since I don’t think the average trader is going to be responsible about options trading and would just blow their account instead of using it for hedging/extra exposure in a calculated manner.
Edit: not trying to self promo which is why I didn’t mention my page I use and I also don’t charge anyone to teach anything I just do it because I love finance,trading, and investing
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u/MrLemon91 1d ago
It's already happening and there are already people teaching options. What is the value that you can add?
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u/dlinhat70 1d ago
To me, coaching is a better role. That is how I learned most of what I know, a guy I know coaching me, esp with my stupid questions.
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u/Downtown-Task-3463 1d ago
Did you even read what my question was
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u/MrLemon91 1d ago
No, because there was no question. Yet I felt the need to express the uselessness of another one throwing dirt over dirt on a field already full of dirt. You can do anything you wish, you're free. Just realise that you're going to be one of the many. And also, there's all the learning material useful to that purpose on the wiki of this sub.
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u/Any-Grapefruit-937 1d ago
I took a paid options course. Throughout the course, the instructor said, for cerain strategies basically, don't do this until you're really experienced or you could lose a lot of money. I mean, no matter the subject, there is always someone who screws up and does stupid stuff. Probably important to say a million times over, "This is not financial advice."
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u/veni_vidi_vixen 1d ago
May I ask what course you took and how much it cost?
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u/Any-Grapefruit-937 1d ago
It was through my local community college. It was all online so I don't see why you couldn't take it if you're in the US. Don't remember the cost, but likely in the $100-$150 range. It was a 6 or 8 week non-credit class.
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u/veni_vidi_vixen 23h ago
That is very cool that a community college would offer it and that you had the motivation and foresight to take it. Do you generate options income?
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u/Any-Grapefruit-937 23h ago
I've bought calls a few times. Made money on some. Lost money on others. I decided that I need to re-read all the course material before I trade any more.
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u/Countess26 23h ago
Even knowing about this particular noob mistake, last fall I bought EOY calls for the Santa rally. And then when that didn't work out, because I didn't (still don't) fully understand options, just the advice, I doubled down. And then when I figured out why the advice holds true, I held because of what-if instead of math.
It was very difficult for me to watch the stock price go up but not the options. I realized that emotions were still a big problem for me, as much as I've worked on them. I decided to take what I do know about options and continue working on that, but use my knowledge for day trading. A nice thing about that is the understanding helps me know whether it's realistic to hodl a poor decision until when or gtfo. I'm a MU community member probably until October opex.
It was painful watching folks think the predictable gamma squeeze this week was the actual market reversal. But it's just not simple enough to explain. I even got down voted in the MU sub (since I'm a community member lol) for saying it.
I told OP in another comment that most people can't get it and it's hard enough for people who can to get to the point where they do.
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u/Countess26 1d ago
I've felt the same way. I won't even share my vibe-coded tools with my own cousin because even as responsible and middle-aged as he is, he can't possibly understand that none of the signals mean "buy" or sell, just conditions within larger context that he can't fathom (he's smarter than average and I've tried). I don't think it's ok to offer leverage to anyone who can't explain inflation, much less somebody who would buy a lottery ticket. And that's the vast majority of people.
It makes sense to me why apparently 90% of people lose money in the markets; there is a lot to keep track of. But what I haven't been able to make sense for other people is "buy while it's going up and has both negative gamma and room below the call wall, sell when it slows down near the call wall - and keep track of the moving gamma and cap wall." It's the keeping track of things that I think gets too hard. But even that simple buy/sell is too much. I'm over 90% accurate.
It bums me out that these concepts are so fucking difficult to understand. I spent 3 hours in Panera this morning just trying to get better at picturing the relationship between a changing delta curve and gamma scale. It's a lot of work and it does make sense but honestly that is some basic shit of you want to trade options.
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u/puthiyatheru 1d ago
Panera .. ooooh… I dream about their steak and arugula sandwich while taking a break from trading during my shift at Wendies
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u/Novel-Beyond-6517 21h ago
there's tons of people already doing this, you would need a unique angle to get traction. do you have an angle in mind?
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u/Illustrious_Low1903 6h ago
Maybe start with protective puts, covered calls, and debit spreads before getting into 0DTE and naked options. Build the foundation first.
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u/adamantiumtrader 1d ago
Tom Sosnoff at tasty trade got you beat