Tutorials Center
Welcome to HPtrades interactive Tutorials Center where you can find an assortment of learning materials and online training to enhance your options knowledge.
Trading Options - Overview
Welcome to the Trading Options Overview, where you will be taught:
- The fundamentals of listed options.
- What options are
- What makes up an option
- The benefits of trading options
Approximate time needed to complete this lesson: 20 minutes
Introduction to Options Strategies
Learn the basics of Calls and Puts. In this section, you will be taught:
- How rights and obligations are involved with options.
- What it means to have a long or short position.
- The Core Options Strategies: Long Call, Protective Equity Puts, Buying Put Options, and Covered Call Selling
Approximate time needed to complete this lesson: 20 minutes
Expiration, Exercise and Assignment
For investors who choose to use options, it is important to understand how to manage options positions, and that means understanding such topics as:
- When options expire
- The process for exercising them
- What it means if you have been assigned
Approximate time needed to complete this lesson: 15 minutes
Options Pricing 1
Welcome to Options Pricing 1, where you will learn about:
- Options premiums
- Options pricing models and the Options Calculator
- In-, At- and Out-of-the-Money contracts
- Put/Call Parity, Time Premium and Volatility
You will also learn about the fundamentals involved in determining the price of an option, sometimes called its theoretical value, as well as how you can use Black-Scholes to make your trading decisions.
Approximate time needed to complete this lesson: 25 minutes
All tutorials are provided by CBOE.




