Course 203
Selling Straddles & Strangles — Optimizing Options 201 & 202
Advanced neutral strategies to amplify income on owned shares. Learn when to use ATM straddles vs support/resistance strangles in high volatility, with real examples from MSTR and TSLA.
Course Overview
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Building on what you learned in 201 and 202, this course introduces short straddles and strangles as powerful income amplifiers on shares you already own (100+ shares required).
You'll understand the rules for choosing ATM straddles vs support/resistance strangles based on volatility conditions, learn breakeven calculations and management techniques, and see it all applied through real examples using MSTR (Nov 2024) and TSLA (Early 2025).
The course also clarifies when to use a short call vs a straddle vs a strangle post-assignment — helping you make conservative, high-extrinsic strategy choices with confidence.
What You’ll Learn
Options Refresher: ATM/OTM for Straddles & Strangles
Why Extrinsic Value Matters for Short Straddles/Strangles
Amplifying Income on Owned Shares (100+ Prerequisite)
ATM Straddles vs Support/Resistance Strangles
Real Examples: MSTR Nov 2024 & TSLA Early 2025
Breakevens & Trade Management
Short Call vs Straddle vs Strangle Post-Assignment
Conservative, High-Extrinsic Strategy Selection
  Course Curriculum
Lesson 1
Refresher & Fundamentals
- Options Refresher (ATM/OTM, No ITM for Straddles/Strangles)
- Extrinsic Relevancy for Short Straddles/Strangles and Amplified Income (Prerequisites: Own 100 Shares and Willing to Buy 100 More)
Lesson 2
Examples & Application
- Real Examples (MSTR Nov 2024, TSLA Early 2025)
-
When to Apply (Short Call vs Straddle vs Strangle Post-Assignment)
Meet Laura
Twenty Eight Years of Real Trading.
Zero Interest in Hype.
Laura has trained beginners, active traders and experienced professionals. Her methods work because they are grounded in experience, not theory. Her rule has never changed. If the numbers do not support the trade, you walk away. No exceptions. But behind the intensity is someone driven by purpose.
Laura is a lifelong animal lover and a founding benefactor to many animal charities. She continues to support shelters and sanctuaries every month and still rescues anything with fur or feathers that crosses her path. 


This mission fuels her trading. The better she trades, the more she can give. She could retire, but she chooses not to. She wants to pass on what she has learned so others can succeed with integrity and clarity.
IMPORTANT DISCLAIMER
I am not a financial advisor or registered investment professional. This course is for educational purposes only and does not constitute financial, investment, tax, or legal advice. All trade examples are illustrative only and are not recommendations to buy or sell any security. Trading involves substantial risk of loss. You are solely responsible for your own research and decisions. By accessing this course, you agree that I and my company bear no liability for any financial losses or damages you may incur.