
Options Basics, Types, and Contracts
OIC
A beginner-friendly overview of calls, puts, option contracts, strike prices, expiration, pricing basics, and exercise styles.
Learn contract terminology in an audiovisual format.
BeInOptions · The resource library
Listen, watch and connect the ideas. Explanations of options fundamentals, Greeks and strategies from OIC and IBKR Campus.

The collection
Formats range from an introduction to an in-depth discussion. Choose by topic and prior knowledge. We link the supplied sources without embedded players; external services may have their own access conditions.

OIC
A beginner-friendly overview of calls, puts, option contracts, strike prices, expiration, pricing basics, and exercise styles.
Learn contract terminology in an audiovisual format.

OIC
Introduces options terminology, calls and puts, expiration, exercise, assignment, and basic option pricing.
Connect terms across the lifecycle of an option.

OIC
Explains how vertical spreads combine options to create defined-risk and defined-reward positions. (Options Education)
Move from a single option to a combination of contracts.

OIC
Shows how an ATM call and put can be combined to create a position designed around a large move in either direction. (Options Education)
Distinguish a movement view from a directional view.

OIC
Explains how a strangle differs from a straddle, including lower premium, wider break-even points, and Greek exposure. (Options Education)
Compare premium cost with the movement needed to reach break-even.

OIC
Uses simple metaphors to explain Delta, Gamma, Theta, and the role Greeks play in option pricing. (Options Education)
Approach sensitivities before moving into the mathematics.

OIC
Explains volatility skew, smile and smirk patterns, and how implied volatility varies across strikes. (Options Education)
Explore the volatility structure behind an options chain.

OIC
Shows how the major Greeks interact inside condors, butterflies, and other multi-leg option positions. (Options Education)
Connect individual Greeks with the risk of a combined position.

IBKR Campus / OCC
Explores relationships between calls, puts, rates, dividends, synthetic stock, and the implied forward price hidden inside an options chain. (interactivebrokers.com)
Look for relationships between individual quotes.

IBKR Campus / OCC
Explains why an IV number needs context and how implied and historical volatility can be compared more meaningfully. (interactivebrokers.com)
Avoid overinterpreting an isolated IV reading.

IBKR Campus
Discusses how open interest, volume, and implied volatility can be used together when interpreting options activity. (interactivebrokers.com)
Use several metrics together rather than elevating one signal.

IBKR Campus
Breaks down calendar spreads through volatility, time decay, Vega, event risk, and assignment considerations. (interactivebrokers.com)
Connect expirations with the different risks of a spread.