Learn covered calls

Options sound complicated. They're not — once someone explains them without the jargon.

Delta & Strike Selection

Conservative vs. Moderate vs. Aggressive — The Real Tradeoff

Most covered call apps and platforms give you a dial — Conservative, Moderate, Aggressive — without explaining what moves when you turn it. Premium goes up as you move toward Aggressive, but so does something else. Understanding that tradeoff is the difference between choosing a strategy and gues...

Conservative Vs Moderate Vs Aggressive Covered Call Strategy Covered Call Delta Strategy Comparison Which Covered Call Strategy Is Best

The Basics

Your MSFT Call Has an 80% Chance of Expiring Worthless

Here's a number that doesn't get explained enough: when you sell a covered call with a delta of 0.20, that option has roughly an 80% chance of expiring worthless. Not as a vague estimate — as a mathematical property of the option's price itself.

Delta As Probability Covered Calls What Does Delta Mean Covered Call Covered Call Delta Explained