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Options 202: Selling Calls

Precision Profit-Taking & Income

Options 202 is the direct follow-up to Options 201. This course teaches you how to systematically extract income, lock in gains, and manage risk using covered calls and collars within the 4-hour IADSS framework.

Course Overview

Options 202 picks up where Options 201 leaves off—whether you intentionally bought shares or were assigned stock from selling puts. The focus is on how and when to sell calls, manage exits with discipline, and protect profits without giving gains back.

This course combines offense and defense: generating income during strength while using structure and timing to manage downside risk.

What You’ll Learn

Rules for selling calls against 100-share positions you already own

Why Mean Reversion spikes above +2 SD are call-selling opportunities

How sell divergence confirms high-probability exits

Live market examples using TSLA, BTC/IBIT, and NVDA

Generating short-term income against deep ITM LEAPS

How call exercise works and when assignment risk matters

Selling collars & selecting strikes based on income vs. protection goals

Using sell divergence for disciplined exits and capital efficiency

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Why This Course Matters

Most traders know how to enter trades—but give profits back on the exit.

Options 202 teaches you how to:

  • Lock in gains near market extremes

  • Avoid over-holding during reversals

  • Keep capital working efficiently without emotional decision-making

These are the same rules, setups, and repairs Laura actively trades in live markets.

LIVE Q&A MASTERY

Course Support

Once you've finished course 202, you're eligible to join the live Q&A mastery series.

*For educational discussion only. No investment advice provided.

Explore the Full IADSS Options Mastery Course Path

This course is part of a five-course progressive system built on the proprietary IADSS framework. Each course can be taken individually but is designed to work best sequentially.

Options 201: Selling Cash-Secured and Naked Puts

Understand how and when to sell puts as the first step in building a portfolio for the long run or as a stepping stone to a phenomenal income strategy.

Options 202: Selling Calls

Understand how and when to sell calls versus collars based on your existing portfolio rather than selling calls as part of your income strategy from Option 201.

Options 203: Selling Straddles

Options 203 builds on the income strategies taught in Options 201 and Options 202 by introducing straddles as a powerful tool for income amplification and advanced repair.

Options 301: Synthetic Long and Modified Synthetic Long

Options 301 introduces Synthetic Long and Modified Synthetic Long strategies designed to reduce the capital required to control stock while maintaining structure and discipline.

Options 302: Repair and Capital Preservation Masterclass

Options 302 is the capstone course of the IADSS Options Mastery Series, focused on repairing, optimizing, and preserving capital in Modified Synthetic Long positions using math and probability rather than emotion.

Q&A Sessions: Live Mastery Graduate

An exclusive, small-group live Q&A for graduates of the Options Mastery Series. Bring your toughest questions, execution hesitations, and real-world scenarios—and work through them in real time with guided repetition and immediate feedback.
laura

Meet Laura

Laura (Options Goddess) has traded options for 28 years, teaching traders to exploit math-driven edges and stack odds in their favor. Her strategies deliver consistent profits—even in down markets—via aggressive strikes and ironclad risk control. Students master style-switching and ego-free cuts until the math wins. Trading funds her animal rescue mission.

Frequently Asked Questions

Do I need to take Options 201 before Options 202?

Laura teaches survival through clarity, discipline and mathematical truth. If you are ready to trade without fear, without ego and without guesswork, this is your starting point.

Is this course suitable for beginners?

This course is best suited for traders who already understand basic options concepts and want to improve profit-taking, income generation, and risk management.

Does this course include live examples?

Yes. The course includes real-market examples using TSLA, Bitcoin/IBIT, and NVDA based on current and recent market conditions.

Can I apply these strategies to long-term holdings or LEAPS?

Yes. Options 202 covers how to generate income using short-term calls against longer-dated positions, including deep ITM LEAPS.

Is this financial or investment advice?

No. All content is for educational purposes only. Please review the disclaimer below.

Ready to Master Selling Calls?

Apply the precision profit-taking strategies from Options 202 to lock in gains, generate income, and manage risk with discipline using the IADSS framework.

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.