MARKET TAPEINDICES / ETF PROXIES
VIX 16.39Daily close · Oct 1
Index

Academy lesson / October 4, 2026

Calls and Puts: Payoffs and Risk Explained | HPT Academy

HPT Academy video education, paired with its complete written lesson and sources.

HOLLOW POINT TRADING ACADEMY

Study the complete lesson

Read the full lesson and its sources

Long calls and long puts, taught properly — what you're betting, what it costs you, how the Greeks move against you, and how to stop donating premium to people who understand this better than you do

Use this analysis as general education. Confirm current prices and conditions independently, define invalidation before entry, and size every position for the loss you can actually tolerate.