I’ve spent 21 years trading options and another decade teaching them. This free library distils the most important lessons into seven downloadable guides — no fluff, no upsells inside, just practical education you can actually use.
Over 50,000 traders have downloaded these guides. Whether you’re learning your first strategy or refining a systematic income approach, there’s something here for you.
What’s Inside the Free Library
37 Quickfire Lessons in Trading Options (60 pages)
A fast-moving, high-density overview of the most important concepts in options trading — from how options are priced to the Greeks, volatility, and the mechanics of common strategies. Ideal if you want a structured foundation without reading a 400-page textbook. Start here if you’re new.
Bullsh*t Free Guide to Covered Calls (92 pages)
The most comprehensive free guide to covered calls on the internet. Covers the mechanics, strike selection, when to roll, when to take assignment, and how to build a systematic covered call income portfolio. If covered calls are part of your strategy, this belongs on your hard drive.
Bullsh*t Free Guide to Bear Call Spreads (33 pages)
A focused, practical guide to one of the most reliable defined-risk income strategies. Covers entry rules, strike selection, position sizing, adjustment triggers, and exit management. Best read alongside the Iron Condors guide.
Bullsh*t Free Guide to Iron Condors (74 pages)
Iron condors are the centrepiece of systematic options income trading, and this guide covers them completely. Entry timing, strike selection, delta targets, adjustment rules, and how to think about condors as part of a broader income portfolio. If you want to trade condors properly, start here.
Bullsh*t Free Guide to Butterfly Spreads (98 pages)
The most detailed free butterfly guide available anywhere. Covers income butterflies, broken wing butterflies, adjustment mechanics, and how butterflies compare to iron condors as an income vehicle. Advanced reading best approached after you’re comfortable with spreads and condors.
Bullsh*t Free Guide to REIT Investing (29 pages)
REITs are one of the best underlyings for income strategies like covered calls and the wheel — high premiums, dividend income, and predictable price behaviour. This guide covers REIT fundamentals and how to integrate them into an options income portfolio.
Bullsh*t Free Guide to Options Volatility (92 pages)
Implied volatility is the most important concept in options trading that most traders never fully understand. This guide covers how IV affects pricing, how to use IV rank and percentile to time trades, the volatility risk premium, and how to build a volatility-aware trading process. Essential reading regardless of which strategies you use.
Bear Call Spread Calculator
A practical spreadsheet tool for calculating risk, reward, and break-even levels before you place a bear call spread trade.
Who These Guides Are For
These guides were written for traders who are serious about learning — not looking for a get-rich-quick system or a set-and-forget signal service. The focus throughout is on building a repeatable, rules-based process for generating income from options with defined risk.
If you’re a complete beginner, start with the 37 Quickfire Lessons, then move to Covered Calls. If you’re already comfortable with spreads and want to build a systematic income portfolio, go straight to Iron Condors and Options Volatility.
What Happens After You Download
The guides are yours to keep. No recurring charges, no hidden upsells. After downloading, you’ll receive occasional emails from me covering new strategies, trade examples, and market commentary. You can unsubscribe anytime.
If you want to go further, the Options Income Mastery course builds on these foundations with structured video lessons, a private community, and direct access to my trading methodology. But the guides alone will give you a significant education for free.
More Free Resources
Already downloaded the library? Here’s where to go next:
- Take the free quiz — find out which options strategy suits your account size, risk tolerance and goals
- Options Trading 101 — the complete beginner’s foundation
- Iron Condors guide — the full strategy guide to complement the PDF
- Covered Calls guide — goes deeper than the PDF on advanced covered call management
- Options Income Strategies: The Complete Guide — how to build a systematic income portfolio
- Option Education — Our full archive of 1500+ articles and videos
This content is for educational purposes only and is not personal financial advice. Options Trading IQ Pty Ltd (ACN 658 941 612) is a Corporate Authorised Representative (CAR No. 001312737) of Point Capital Group Pty Ltd (ACN 625 931 900), holder of Australian Financial Services Licence (AFSL No. 518031).