Options trading has exploded in popularity since the pandemic, as retail investors have grown to appreciate the leverage and hedging characteristics that this derivative security offers. The best options trading courses take the time to teach students about the unique fundamentals of this complex investment, provide live or practical video demonstrations about how to apply options strategies in changing market conditions, deliver abundant evergreen content for students to revisit on their own schedule, and more.
After analyzing 15 companies that offer online options trading courses based on 20 weighted criteria critical to student traders, Investopedia found that Bullish Bears delivers the most comprehensive offering that is also the best for traders looking to learn as they trade. Option Alpha delivers the best content for beginners, Udemy’s Options Trading for Rookies is the best value, Charles Schwab and tastytrade are the online best brokers with free options education, and SMB Training is the best place for professional option traders to learn sophisticated methods.
Best Options Trading Courses for April 2025
- Most Comprehensive Offering and Best for Learning While Trading: Bullish Bears – Options Trading Course
- Best for Beginners: Option Alpha
- Best Value: Udemy – Options Trading for Rookies
- Best Broker for Learning Options Trading: Charles Schwab
- Also Good for Broker-Based Options Trading Education: tastytrade
- Best for Advanced Options Traders: SMB Training
Most Comprehensive Offering and Best for Learning While Trading : Bullish Bears – Options Trading Course
Bullish Bears
- Cost: $47 per month, $497 when paid annually, $697 one-time for life
- Free Trial: No
- Lifetime Access: Yes, highest price tier only
- Live Instruction: Yes
Why We Chose It
Most Comprehensive Offering
Bullish Bears is Investopedia’s pick for the most comprehensive options trading course because it offers among the largest number of lessons of all the companies we reviewed, along with access to live training and community learning.
Best for Learning While Trading
Bullish Bears is the best course for learning while trading because it offers an interactive, live trading and community experience that is unmatched by any of the platforms we reviewed.
Pros & Cons
Pros
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Live instruction
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Real-world application
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Community platforms
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Real-time trade ideas
Cons
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No free trial
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No certificate upon completion
Overview
Bullish Bears is a trading education platform that provides a variety of in-depth courses, along with real-time trade alerts, and a supportive community for traders of varying levels. The company’s Options Trading Course stands out as being the most comprehensive course we reviewed not just because of the wide range of topics it covers with 35 lectures, but also because of the many amenities that help bolster a student’s ability to apply what they’ve learned in a real-world setting.
Bullish Bears stands out for its interactive learning environment. The company offers three membership bundles that give students access to a live trading room, where they can follow experienced traders, ask questions, and get feedback on their strategies. The platform also offers trade alerts, charting analysis, and an active community that fosters continuous learning. For traders who want to master options through real-world practice, Bullish Bears delivers the best live-learning experience on the market.
Best for Beginners : Option Alpha
Option Alpha
- Cost: Free
- Free Trial: N/A
- Lifetime Access: Yes
- Live Instruction: No
Why We Chose It
Option Alpha is the best place for beginner options traders to learn the basics because the course content, delivered by company founder and industry veteran Kirk Du Plessis, masterfully explains the fundamentals of options trading with no cost barrier to entry.
Pros & Cons
Pros
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High-quality education
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User-friendly platform for learning
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Expert guidance
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Free to learn
Cons
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No quizzes
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No simulated or real-world application
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No live training
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No certificate upon completion
Overview
At its core, Option Alpha is an advanced online platform that offers automated option trading and integration with top online brokers. However, the company also provides excellent educational content on its website for free. Kirk Du Plessis, the company’s founder, guides students through a seamless progression of 14 lesson videos in a tone that eases students into wanting to become comfortable with a topic as complex as options.
Like many of the course providers we reviewed, Option Alpha’s educational content provides a path into the company’s ecosystem of products and services. Once traders have developed a solid foundation, they can choose to progress to more advanced option-related trading courses, also for free. Beyond that, the platform provides premium services like paper trading tools, strategy backtesting, and trade automation that are essential in supporting modern-day traders on their path to success.
Best Value : Udemy – Options Trading for Rookies
Udemy
- Cost: $119.99 to purchase this single course, $20.00 per month for full Udemy subscription with access to over 12,000 courses, including this one
- Free Trial: Yes
- Lifetime Access: Yes
- Live Instruction: No
Why We Chose It
On its own, Udemy’s Options Trading for Rookies is highly-rated, and one of the most comprehensive, lowest priced courses we reviewed. The added kicker is that the course can also be accessed with a $20/month Udemy subscription, which unlocks additional 12,000+ courses, including on all sorts of trading and investing products.
Pros & Cons
Pros
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Certificate upon completion
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Udemy subscription unlocks incredible value
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Comprehensive subject matter
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Lifetime access
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Highly-rated course
Cons
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No real-world application of concepts
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No live training
Overview
Instructed by Kal Zurn, one of tastylive’s original rising stars, Udemy’s Options Trading For Rookies: Understanding Options Completely is highly rated by students who have taken it. With 65 video lectures, downloadable resources, and a concluding quiz, it offers a deep dive into the key subjects needed to develop a foundation in options trading, like the fundamentals of call and put options, opening and closing positions, income-generating strategies, and more. With over 8,000 reviews and a 4.7 star rating, this course is among the highest rated trading courses offered on Udemy’s respected education platform.
Even at the full one-time retail price of $119.99, the course is the cheapest of all the paid courses we reviewed, and is great value given the comprehensive subject matter and presentation quality. But, this course is often heavily discounted and was selling for $18.99 at the time we wrote this review. The real bonus, however, comes in with the Udemy’s Personal Plan, its $20.00 per month subscription which gives access to this and over 12,000+ other premium courses, including numerous courses on trading and investing.
Best Broker for Learning Options Trading : Charles Schwab
Charles Schwab Logo
- Cost: Free for educational content
- Free Trial: N/A
- Lifetime Access: Yes
- Live Instruction: Yes
Why We Chose It
Charles Schwab is the best broker for learning options trading because it provides an unmatched combination of professionally-curated evergreen educational material and live Coaching programs, so users can understand real-world applications of what they’ve learned, for free.
Pros & Cons
Pros
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Free learning with no account required
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Huge library of free, on-demand, and evergreen content
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Free access to live Coaching programming delivered by industry pros
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Lifetime access to free content
Cons
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Requires account to access premium educational content
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No certificate upon completion
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No free quizzes
Overview
Investopedia began reviewing online brokers in 2019, and Charles Schwab has consistently ranked as one of the best online brokers ever since. Schwab’s stance as an industry leader was bolstered in 2024, when the company completed the acquisition of TD Ameritrade (TDA), and, as a result, absorbed some of TDA’s strong educational assets. Schwab is now the industry-leader in investor education with evergreen, on-demand, and program-related content that spans multiple asset classes and numerous trading and investing disciplines.
On its own, the breadth and quality of Schwab’s option-related educational content is impressive. But combined with the company’s Coaching platform–where learners can go and watch live training sessions hosted by industry professionals putting multiple trading and investing disciplines into practice for free–it can be argued that Schwab’s options education offers enough knowledge and exposure to give you a firm foundation in technical analysis without having to spend a dime.
Also Good for Broker-Based Options Trading Education : tastytrade
tastytrade
- Cost: Free for educational content
- Free Trial: N/A
- Lifetime Access: Yes
- Live Instruction: Yes
Why We Chose It
Investopedia also finds tastytrade to be another top broker for options trading education because its free educational content is professionally-crafted, all-encompassing, and practical, making it easier to comprehend some of the most complex options concepts.
Pros & Cons
Pros
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Free learning with access to quizzes
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No account required
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Huge library of free educational content that covers complex topics
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Free access to live options-focused programming
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Lifetime access to free content
Cons
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No certificate upon completion
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No free quizzes
Overview
Started by two former Cboe traders, Scott Sheridan and Tom Sosnoff, tastytrade is an options-focused online brokerage that blends commission-free trading with top-tier educational content to help traders develop real-world skills. Investopedia’s choice as the best overall options trading platform, tastytrade’s educational content and live TV programming is optimized specifically for options traders of all levels.
tastytrade’s live programming streams market analysis, trade ideas, and strategy discussions daily. This real-time content helps traders see concepts develop under real-world conditions, bridging the gap between theory and execution. This is accompanied by professionally-written evergreen content that covers the fundamentals of options trading, and a variety of structured courses tailored to beginners and those looking to master implied volatility. Whether you’re a beginner or an experienced trader, tastytrade’s expert-led interactive approach provides an invaluable learning experience.
Best for Advanced Options Traders : SMB Training
SMB Training
- Cost: $30 per month, multiple premium offerings also available
- Free Trial: No
- Lifetime Access: No
- Live Instruction: No, at premium tiers only
Why We Chose It
Investopedia chose SMB Training as the best online platform for sophisticated options traders because of its breadth of videos covering complex trading strategies, including those rarely found anywhere else.
Pros & Cons
Pros
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Professional proprietary trading firm with a long track record
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Massive video library covering exotic options trading strategies
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Ability to build professional trading skills with expert guidance
Cons
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Hands-on and other premium packages are very expensive
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No real-world application of concepts
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No live training
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No free quizzes
Overview
SMB Training is the professional trading education division of the New York-based proprietary trading firm SMB capital, which specializes in developing elite-level traders through structured training. The company’s entry-level education program, Options Tribe Premium, stands out as the best choice for sophisticated traders looking to master advanced strategies because students get access to hundreds of hours of video training that largely focuses on unique and sophisticated options strategies.
For experienced traders seeking to develop into high-level options traders by receiving hands-on guidance from industry professionals, SMB Training also provides a wide selection of training packages that offer live mentoring, trade reviews, and access to proprietary trading techniques. It is noteworthy, however, that these packages can be extremely expensive and are only meant for those who are serious about trying to become successful options traders and have the time and financial resources to do so.
Why You Should Trust Us
Investopedia collected data on 20 criteria that are critical to options investors from 15 companies that offer options trading courses. We used this data to review each platform for course structure, costs, available amenities, and other key features to provide unbiased, comprehensive reviews to ensure our readers make the right decision for their investing needs. Investopedia has been helping readers find investing tools and products since it launched in 1999.
How We Chose the Best Options Trading Courses
Investopedia is dedicated to providing investors with unbiased, comprehensive reviews and ratings of options trading courses. Our review of the best online options trading courses is the result of a thorough evaluation of five categories and 20 criteria that are critical to readers choosing the right options course. We used this data to develop a comprehensive rubric for evaluating a total of 15 online options trading course providers based on their training style, lesson structure, available amenities, and other features to help our readers make the right decision for their needs.
Our team of subject matter experts and data collectors developed quantitative weights to score each company based on a set of categories that are important to students taking online options trading courses. The following category weights were used to rate each course:
- Resources and Materials: 40.00%
- Course Structure and Delivery: 30.00%
- Pricing and Packages: 22.00%
- Customer Support: 8.00%
We used this data to develop a comprehensive rubric for evaluating each course based on their teaching methods, course content, money-back guarantee, and other features, to help our readers choose the right course. For each company, Investopedia’s team of researchers and full-time editorial staff analyzed data obtained directly from company websites and representatives. Our data collection and scoring process ran from March 8 to March 27, 2025.
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Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.