Basic familiarity with options is helpful, but the course starts from the fundamentals of options selling before moving into volatility and the full strategy, making it accessible for traders at various levels.
OPTIONS SELLING
Intraday Options Selling Strategy by Theta Gainers

What You Will Learn
Advantages of options selling over options buying
Volatility, implied volatility, and how market behaviour moves in cycles
Options pricing, premium analysis, and the 5 volatility regimes
Complete intraday strangle strategy with practical application
Position sizing and risk management for options selling
Your Course Overview
6 sections • 7 topics • 37 mins 22 sec content
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About The Course
Intraday Options Selling Strategy by Theta Gainers is designed to take you into the side of options trading that most retail traders never properly understand selling. While option buyers fight against time decay, option sellers use it to their advantage. This course breaks down exactly how volatility, premium, and time decay work together, and gives you a complete, practical strategy to sell options intraday with discipline and clarity. Instructor Reyaansh Upadhyay takes you from the fundamentals of options selling to a deep understanding of volatility regimes and premium behaviour, and then into the core of the course a complete intraday strangle strategy with clear application and disciplined trade management. By the end, you will understand not just how to sell options, but why and when it actually makes sense to do so.
In Lesson 1, Introduction, you will meet your instructor Reyaansh Upadhyay, understand the course structure, and get a clear overview of what you will learn and how options selling can become a consistent edge in your trading.
In Lesson 2, What is Options Selling, you will understand the core advantages of options selling over buying, including how time decay and probability work in the seller's favour, setting the foundation for everything that follows.
In Lesson 3, Understanding Volatility and Implied Volatility, you will learn how volatility cycles work, how implied volatility affects option premiums, and how to read market behaviour through the lens of volatility rather than just price.
In Lesson 4, Options Pricing and Premium Analysis, you will learn the pricing formula behind options premiums and how to calculate and interpret them. You will also explore the 5 volatility regimes and understand how each one affects your options selling approach differently.
In Lesson 5, Intraday Trading Strategy, you will learn the complete strangle strategy for intraday options selling, including how to construct it, when to deploy it, and how to manage it through real market examples.
In Lesson 6, Trade Management, you will learn how to size your positions correctly and manage risk effectively while selling options, helping you protect your capital and trade options selling with discipline and consistency.
Course highlights:
- Advantages of options selling explained from the ground up
- Volatility cycles, implied volatility, and the 5 volatility regimes
- Options pricing and premium analysis made simple
- Complete intraday strangle strategy with practical application
- Position sizing and risk management for consistent options selling
Who is this course for:
- Traders who currently only buy options and want to explore selling
- Anyone confused by volatility, implied volatility, or premium behaviour
- Traders looking for a structured intraday strangle strategy
- Options traders who want to use time decay to their advantage
- Anyone who wants disciplined risk management for options selling

14+ Years of Experience
Full Time Trader
Reyaansh Upadhyay is a trader, entrepreneur, and financial educator with 14+ years of experience in the stock markets. He specializes in options trading, systematic trading strategies, and algorithm-based trading solutions. He is focused on building technology-driven trading software that helps traders implement automation and structured execution into their trading process. Reyaansh has helped thousands of traders understand market concepts, trading strategies, and disciplined approaches to navigating financial markets.