Options 101: Complete Beginner's Guide (Live Market Data)

I built a complete Options 101 course with live market data from Schwab/TOS API. Learn everything from scratch: calls vs puts, strike prices, intrinsic vs extrinsic value, the Greeks, and how to read a real option chain.

📚 What You'll Learn:
What are Call and Put options?
Strike Price: ITM vs ATM vs OTM
Intrinsic Value (real money) vs Extrinsic Value (hope money)
Expiration Dates: Why 0DTE is risky
Implied Volatility (IV): Market vibes & IV crush
The Greeks: Delta, Theta, Gamma, Vega explained
How to read a full option chain with live data

🎯 Key Concepts:
Option = CONTRACT giving you the RIGHT (not obligation) to buy/sell
CALL = profit when price goes UP 📈
PUT = profit when price goes DOWN 📉
Intrinsic = Real money you can get RIGHT NOW
Extrinsic = Time value that DECAYS every day
Theta decay = Your enemy as an option buyer
IV crush = Why you lose money even when you're right

💡 Everything explained like you're 12. No jargon. Pure clarity.

🔧 Built with:
Python (interactive terminal app)
Schwab/TOS API (real-time market data)
Live SPY option chain analysis
Built-in quizzes to test your knowledge

📂 Full code on GitHub: [link]

⚠️ DISCLAIMER: This is educational content only. Not financial advice. I am not a financial advisor. Options trading involves substantial risk of loss. You are solely responsible for your trading decisions.

#options #optionstrading #spy #python #learnoptions #stockmarket #algotrading #tradingforbeginners

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