Options for Operators
Premium is rent. Marks are weather. Process is the grade.
Educational only. Not investment advice. Fictional names. No live broker and no real account.
Options for Operators — Canonical 12-Week Structure
| Week | Title | Module | Exam? |
|---|---|---|---|
| 1 | Options Are Not a Side Hustle | 1 — Machine → Contract | |
| 2 | Anatomy of a Contract | 1 | |
| 3 | Pricing Intuition (Without Worshipping the Model) | 1 | Lab: Schwab Pricer |
| 4 | The Greeks as Decision Language | 2 — Deep Literacy | Lab: Schwab Greeks tab |
| 5 | Volatility — The Real Product | 2 | |
| 6 | The Strategy Map (Literacy, Not a Menu) | 2 | |
| 7 | Buyers, Sellers, and Assignment Reality | 2 | |
| 8 | Pantheon Contrast + Module Exam | 2 | Module exam |
| 9 | The Willing-Both-Sides Overlay | 3 — Practical Use | |
| 10 | Covered Call Harvest + CSP Entry (Playbooks) | 3 | |
| 11 | Insurance, Collars, and Anti-Patterns (Graveyard) | 3 | |
| 12 | Capstone — Your Options Operating System | 3 | Final / OS defense |
Modules
| Module | Weeks | Theme |
|---|---|---|
| 1 | 1–3 | From Machine to Contract |
| 2 | 4–8 | Deep Options Literacy |
| 3 | 9–12 | Practical Use: Not Just Betting |
Labs
One spreadsheet lab per week (12). Students keep them as a personal toolkit.
Schwab Trade Builder triad:
| Tab | Home weeks |
|---|---|
| Options Chain | W2 orient · W10 tickets |
| Pricer | W3 lab home · W5 IV what-if |
| Greeks | W4 lab home · W5 IV column / skew |
Case sources (Module 3)
Educationalized public-ticker process patterns from Investco (no private balances):