Module 05 · Advanced

Derivatives & Options Flow

What F&O are, how to read open interest and option chains, what unusual options activity means, and how option strategies are built.

1. 1Futures and options basicsContracts that derive their value from an underlying stock or index: lots, expiry, margin and leverage.6 min read · Try it: Derivatives, Trade Lab
2. 2Open interest, PCR and positioningRead what traders are holding, not just what they traded.5 min read · Try it: Derivatives, Options Flow
3. 3Reading an option chain and the GreeksStrikes, premiums, implied volatility and how delta, theta, gamma and vega describe risk.7 min read · Try it: Options Flow, Derivatives
4. 4Option strategies: spreads, theta and defined riskHow combining legs caps risk, and what an options strategy lab is showing you.6 min read · Try it: Options Flow, AI Desk
5. 5Unusual options activity and how to use itWhat a flag on the options tape does and does not tell you.4 min read · Try it: Options Flow, Alerts