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On this page is a collection of Options learning tools that I have collected and used over time. Some are free; some are not; one or two are even quite expensive. All are useful. All have value. This is the result of years of filtering through hype, fluff and marketing to get to a narrowed down list of good quality material that will help option traders at every level.
Too often we think of investment in terms of money and or time. Don't forget that EDUCATION is an investment that has multiple, highly leveraged returns in the long run.
NOTE: All links will open on a new page.
Learn About Options - study material and courses for beginners and professionals.
Articles and Tutorials - FREE
1. The Options Industry Council - online tutorial and lots of helpful articles
2. Wikinvest - a good Wiki with lots of free articles on Options Trading Strategies
3. Learn Stock Options Trading - a new site with good tutorials for beginners
4. Great Option Trading Strategies - the name speaks for itself
5. CBOE Options Toolbox. An outstanding piece of software that demonstrates how any options trade can work in theory. Read my review on my Options Software page.
Training Courses - the free articles are great, but sometimes investing in a good training package is more helpful for developing you strategies.
Articles = "what"; These courses = "How"
 1. OU Beginner Classes - a downloadable set of videos for beginners. Ron Lanieri will walk you through everything you need to know to get started.
 2. OU Options 101 - Options University's premier course for all option traders. A Home Study course with DVDs. No hype and fluff—you get proven money
making strategies. The course provides a solid foundation to make logical, profitable
options trades. As a preview, click on the link download a free sample of the course manual in PDF format.
3. OU Live Options Mastery Courses - Option University's Live courses, held twice a year. Sign up to get notification of the next course. These courses go into very great depth with a variety of strategies. 
4. OU Strategy Spotlight Series - Subscribe to a monthly in depth strategy review, and gain access to OU's strategy archive. Great Value.
Technical Analysis Tools
Candlestick Analysis - essential knowledge for the swing trader
 1. Candlestick Warrior - a great programme with flashcards. Within a month you will have memorised and be able to instantly recognise all of the major candlestick patterms. The learning technique is the same that you would use for learning a language.
 2. Candlestick Trading for Maximum Profits - a thorough, in depth course with books and video. Not just a course on candlestick charting, but a candlestick trading methodology is included, for stocks and options trading. How to distinguish between true reversal signals and false signals.
 3. OU Candlestick Secrets Course - Option University's famous course on the secrets of candlestick trading. Includes an 82 page PDF manual for instant download, a complete set of candlestick flashcards, and unlimited access to an online web tutorial.
Chart Analysis - various free tools for chart analysis
 1. INO Free analysis - enter your symbol and receive a free technical analysis.
2. Stock Consultants - a very detailed a thorough analysis of any stock. Up to 10 stocks per day for free.
Software - some essential software tools. See my reviews on the Options Software page.
1. Volcone Analyzer Pro - OU's excellent software for live options trading. Volatility analysis instantly lets you know whether your proposed trade has profit potential or not.
Calculators
1. Optionvue Research's Probability Calculator - simple, free calculator that I use constantly for setting up credit spread trades.
2. Optionvue Research's Fair Value Calculator - To see whether an option being traded is fairly valued, use the Fair Value Calculator to determine your trade bias. As options trading is primarily based of this concept, this is an important feature that helps determine whether current options prices are over-valued or under-valued.
Data
1. Volatility
2. Put Call ratios
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