Learning To Invest Resources Tutorial: Learn the basics of option investing.
Strategy Execution
Learn over 30 option strategies; how to establish each, where they make and lose money, and what follow-up action is appropriate.
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Option Symbol Guide
Normally, option symbols are composed of the first three letters of the stock symbol, followed by the expiration month code, and the strike code.

Expiration Month Codes:
Strike Price Codes:
Month     Call     Put    
Jan. A M
Feb. B N
Mar. C O
April D P
May E Q
June F R
July G S
Aug. H T
Sept. I U
Oct. J V
Nov. K W
Dec. L X
           
Strike Price     Code     Strike Price     Code    
5, 105, 205 A 65, 165, 265 M
10, 110, 210 B 70, 170, 270 N
15, 115, 215 C 75, 175, 275 O
20, 120, 220 D 80, 180, 280 P
25, 125, 225 E 85, 185, 285 Q
30, 130, 230 F 90, 190, 290 R
35, 135, 235 G 95, 195, 295 S
40, 140, 240 H 100, 200, 300 T
45, 145, 245 I 7.5 U
50, 150, 250 J 12.5 V
55, 155, 255 K 17.5 W
60, 160, 260 L 22.5 X