Frequently Asked Questions

We teach a structured approach to stock investing built around owning shares, selling covered calls to receive premium, and buying protective puts to limit downside.

You learn to evaluate the company first, then assess the complete position: the capital required, its duration, potential return, and maximum possible loss at expiration.

You decide whether the trade-off fits your portfolio before investing.

Yes! For a correctly constructed investment with our strategy, you will know in advance all the parameters and every possible outcome of it, including the maximum loss.

You get to define and set the risk for each position separately.

Your protection, when using our strategy, allows you to sell your stock at the price you set in advance, even if the stock falls much further.

You can still lose money down to the position’s calculated maximum loss.

Protection limits losses; it does not guarantee a profit, and it ends when the protection expires unless renewed.

The choices you make when building the position determine your level of protection.

There are many different ways to balance between protection, premium income, and potential upside.

Stronger protection generally costs more.

You learn to evaluate the actual numbers rather than assume that a particular protection level is always available.

No.

The protection's only purpose is to limit the downside.

You choose whether the resulting balance is attractive. The trade-off is deliberate: You give up some upside in exchange for premium income and downside protection.

They can be. Options used for speculation or leveraged exposure can create substantial risk.

Our core approach uses fully funded share positions, covered calls, and protective puts. It does not rely on borrowing to increase investment exposure.

The distinction is how the options are used - not simply whether options are involved.

Understanding the contracts and managing them correctly still matters.

Yes, subject to market liquidity and available execution prices. You do not have to hold every position until expiration.

However, an early exit is priced at current market values, so its result can differ from the payoff calculated for expiration.

Closing only one part of a position may remove its protection or otherwise change its risk.

An Investment’s total return combines the net premiums, any gain or loss on the shares, and dividends received.

Selling a call option brings in a premium; buying the put option (the protection) uses part of it.

Depending on the chosen strikes, the position may also allow share-price appreciation.

There is no fixed or guaranteed return. Available opportunities depend on stock and option prices, the duration, and the protection you choose.

Before investing, you know the position’s maximum potential return and maximum loss for the same holding period. Neither number predicts the actual outcome.

Yes!

Covered calls generate premiums when sold, and positions are structured over weeks or months rather than traded throughout the day.

However, cash received is not the same as profit available to spend. Protection costs money, the call creates an obligation, and the overall position can still lose value.

It is an investment approach, not a savings substitute.

You accept investment risk and more complexity in pursuit of potentially higher returns. In return, the structure lets you define the position’s downside rather than remain exposed to the full decline of an unprotected stock.

Emergency funds and money needed for near-term expenses should remain separate.

Commissions, bid–ask spreads, and other trading costs reduce returns and should be included in your evaluation. Taxes depend on your circumstances and jurisdiction.

A dollar-denominated position’s protection does not protect its value in euros or another home currency. Exchange-rate movements can change your result when measured in that currency.

A single position can sometimes be built with approximately $2,000–$5,000, depending on the stock and option prices. Standard U.S. equity option contracts generally cover 100 shares.

For applying the approach across multiple companies and positions, our practical guideline is around $50,000 available to invest.

Larger portfolios allow more choice across companies, sectors, and expirations, but do not automatically earn higher percentage returns.

No. You can learn first, practise with paper trading, and begin with a portion of your available investment capital when ready.

You decide how quickly to build your portfolio. There is no requirement to deploy all your capital or to invest when an opportunity does not meet your criteria.

Paper trading is useful for learning the mechanics, although simulated execution can differ from live trading.

No previous options experience is required. We start with investing fundamentals and build toward stock selection, option mechanics, position calculations, and portfolio construction.

You do need to be willing to practise, understand the risks, and make your own decisions. The program is designed for adults.

We teach and demonstrate using Interactive Brokers. Another broker may work if it supports the required securities and option structures, but platform-specific guidance may differ.

The broker—not Top Options—determines account eligibility and trading permissions. Approval is not guaranteed.

Check these requirements before enrolling. If the necessary permissions are unavailable, you cannot implement the live strategy as taught.

The recommended learning path runs over approximately 10–12 weeks.

Plan for around 90 minutes per week for the core learning activities, with additional time as needed for practice, account setup, and review.

This is a learning schedule, not a deadline for investing. Start using real capital only when you understand the process and feel ready.

You do not need to watch prices continuously, but this is not a “set and forget” approach.

Positions need regular review, with particular attention to approaching expirations, relevant corporate events, potential early assignment, and broker notifications. Some events may require timely action.

The workload depends on the number of positions and how frequently they expire.

The program combines recorded lessons, weekly live mentorship, and practical support between sessions.

You can ask questions about the material, calculations, tools, and platform mechanics. Questions requiring a fuller walkthrough may be addressed in a live session.

The goal is to help you understand and apply the process independently, not leave you with videos and no way to resolve questions.

You can share your screen during a live session and ask questions about applying the framework, understanding calculations, and using the platform.

We explain the method and mechanics. We do not determine whether a particular investment is suitable for you, approve a trade, or place orders on your behalf.

You remain responsible for checking the order and deciding whether to proceed.

The Investors Inner Circle provides an ongoing environment for applying and developing what you have learned.

It includes live investor sessions, educational discussions, and access to club resources such as portfolio tools, the Opportunity Tracker, and model portfolios used for learning, not instructions to copy trades.

The program combines recorded learning, live mentorship, and practical resources.

If you cannot attend regularly, discuss the available catch-up arrangements with the team before joining.

No. Top Options provides education and mentorship - not personal investment recommendations, account management, or trade execution.

Your money stays in your own brokerage account. You choose the investments and place every order.

We charge for education and mentorship, not a percentage of your investment capital or profits.

It is designed for people with capital available to invest who want a structured approach, defined downside, and control over their own decisions.

It is not for someone seeking guaranteed returns, stock tips, day trading, or a fully hands-off service. It is also not appropriate for emergency savings or money needed for near-term living expenses.

You do not need to become a professional trader, but you do need to take responsibility for learning and managing your investments.

The goal is to evaluate a company and an investment structure, calculate its potential return and maximum loss, understand the trade-offs, and implement your decision through your brokerage account.

You should also understand how to monitor positions and build a portfolio over time.

We provide teaching and support. Readiness depends on your understanding and practice; investment results are never guaranteed.