FX
CURIO
Knowledge Base

Options & Derivatives

Calls, puts, greeks and structured payoffs — how derivatives price risk and hedge a portfolio.

Beginner8 min read

Options Basics: Calls and Puts

The right, not the obligation. Understanding calls and puts is the foundation for every options strategy that follows.

Beginner7 min read

Option Pricing: Intrinsic and Time Value

Every option premium splits into two parts. Knowing which part you're paying for changes how you trade it.

Intermediate8 min read

Implied Volatility Explained

IV is the market's forecast of future movement baked into the option price — and it moves prices as much as direction does.

Intermediate9 min read

The Option Greeks: Delta, Gamma, Theta, Vega

The Greeks quantify exactly how an option's price reacts to changes in price, time, and volatility. No serious trader skips them.

Advanced8 min read

Delta Hedging Basics

Delta hedging neutralizes directional risk so a position profits from volatility or time instead of guessing direction.

Intermediate9 min read

Vertical Spreads and Credit Spreads

Defined-risk, defined-reward strategies that trade unlimited upside for a much smaller capital requirement.

Beginner8 min read

Covered Calls and Cash-Secured Puts

Two of the most popular income strategies for stock owners — and the trade-offs behind the extra yield they generate.

Advanced8 min read

Straddles, Strangles, and Volatility Trades

Betting on movement itself — not direction. These structures profit from big swings in either direction, or from volatility collapsing.

Intermediate8 min read

Futures vs. Options vs. CFDs

Three leveraged instruments, three very different risk profiles. Confusing them is one of the fastest ways to blow an account.

Advanced9 min read

Hedging a Trading Account with Options

Options aren't just for speculation — used correctly, they're an insurance policy that lets you stay invested through turbulence.