What this site is
I watch what the options market is saying about price, every day, and write it down as it happened — the days I was right and the days I was wrong.
Observe daily. Verify daily. Advance daily.
What's here
Notes
How the options market is put together, and what happened when I actually tested it. What held, what didn't, with the sample size attached.
Read the notes →Library
Things worth keeping beside your screen: a strategy selector, a pre-order checklist, and a glossary — two A4 pages, made to print.
Get the guide →Three published books
From the basics of options through advanced strategies. Readers have called them the easiest options books they've read.
Reader resources →Billie
Billie is an AI I built for my own trading. It is not a general chatbot.
It is wired into my observation logs and my trading database. Option chains, gamma data, and index prices land there every day, and Billie works on top of that.
When I form a hypothesis, Billie tests it against history — runs 30 days, separates what survives from what doesn't. It computes risk-to-reward, and it grades whether a signal actually worked.
It also remembers rules I wrote months ago. Sometimes it pulls up something I had forgotten and uses it to argue against the present me.
Billie gets things wrong too. When it does, I write that down. Those are usually the best entries.
Read the Billie notes →Why it reads this way
These are records, not recommendations.
"Do it this way" requires a proven track record and certainty. "I did this and here is what happened" is just a fact, and facts can't be wrong.
When I'm not sure, I say so. When the sample is small, I give the number. I make no claims about returns.
Who writes this
I wanted to understand the tangle of numbers in an options chain, so more than a decade ago I sat in on my first US options class. The teacher was an American who had left his job at fifty-five to care for his father, and had become an options trader because it was work he could do from home.
It did not click for a long time. The concepts blurred in live markets and the orders were fiddly. Then one day the chain simply read.
I later wrote three books in Korean about what I had learned. Now I'm writing what comes after them.
Published books
- Strategic US Options Trading I: Fundamentals
- Strategic US Options Trading II: Strategies
- Strategic US Options Trading III: Advanced Strategies
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Contact
For questions about the books or the writing, or to report an error, use the address below. I don't give individual investment advice.
hello@optionphoenix.comDisclaimer
Everything here is for information and personal record-keeping. Nothing on this site is a recommendation to buy or sell any security, nor investment advice. You are responsible for your own decisions, and you can lose money trading.