Hey everyone,

    I’m 19 and started investing in stocks at 11. Over time I grew my portfolio to roughly 45k.

    So far, I’ve mostly used options for directional/speculative trades, but I want to move toward a more structured and systematic use of options.

    I already understand:

    • Option mechanics and the Greeks
    
    • Cash-secured puts and covered calls, including when and why they’re used
    

    Some of my past option trades were:

    • Calls on SPY and Tesla during COVID
    
    • Calls on UBS before the Credit Suisse collapse
    
    • Alphabet calls around 150 a few months ago (lesson learned)
    

    Now I want to go deeper and would appreciate input on:

    • Advanced options topics worth studying (volatility, IV, skew, term structure, portfolio Greeks, etc.)
    
    • Strategies beyond CSPs/CCs that are actually useful long-term (not lottery-style trades)
    
    • How you think about risk management and position sizing with options
    
    • Whether you use separate accounts for stocks and options, and the reasoning behind it
    

    My goal is to understand options as a risk and probability-based tool, not just leverage for short-term bets.

    Thanks in advance — happy to learn from your experience.

    19 y/o looking to go beyond CSPs & covered calls – advanced options topics?
    byu/Unhappy-Chemist7024 inoptions



    Posted by Unhappy-Chemist7024

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