# Getting Started

This knowledge base explains how to use our trading bots and understand the options concepts behind them. Our goal is to keep things simple, transparent, and risk-aware.

### Before you begin - Onboarding

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* Have an approved brokerage account with options permissions that match your strategy (basic options vs. spreads).
* Only trade with risk capital (money you can afford to lose). Options carry significant risk.
* Know your account type: cash accounts usually can’t trade spreads; margin accounts can, but may have day‑trading restrictions.
* Decide your risk limit per trade (many traders use a 1–2% max account risk rule).

### Quick glossary

* Contract size: 1 options contract typically controls 100 shares (price × 100 = contract cost).
* Call = bullish (profits when price rises). Put = bearish (profits when price falls).
* Strike = the price you can buy/sell at. Expiration = the date the option expires.
* ITM/ATM/OTM = in/at/out of the money (how close strike is to current price).