The School of Options
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Learn options the right way.

The School of Options is where India’s option traders are trained and nurtured, from the first lesson to a desk of their own.

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Why we exist

In one year, Indian traders lost almost as much as the Union education budget.

2024-25, in ₹ crore

Lost by individual traders in equity derivatives₹1,11,788

Union Ministry of Education budget₹1,20,628

The losses came to about 93% of the budget.

2025-26

87.7%

of individual traders lost money

One dot is 1% of traders

92%

of those losses came from options

Options Everything else

₹3.85 lakh cr

lost from 2021-22 to 2025-26

Money is only part of the loss.

Every trader who learns by losing also loses time, confidence and years that could have built real skill. Their families feel it. So does the nation.

We exist to change this, by training Indians to trade options the right way.

Sources: SEBI, Profitability of Individual Traders in the Equity Derivatives Segment, FY25-FY26 (August 2026); PRS Legislative Research, Demand for Grants 2024-25: Education.

Our promise

Education only. Nothing else, ever.

We will only ever teach. We will never sell you anything but education. This is our promise, and the ground we stand on.

We do

  • Education only

    We teach. That is all we do, and all we will ever do.

  • 100% refund

    Every training programme comes with a 100% refund policy.

    Read the refund terms

  • Constant research

    We keep studying markets, rules and teaching methods, and update every course as they change.

  • Full transparency

    Fees, refund rules, how the assessment works and who teaches you. All open for anyone to see.

We never

  • Tips
  • Trade calls
  • Investment advice
  • Broker, app or tool promotions
  • Referral fees

No conflicts of interest

We never promote brokers, apps, tools or any other product or service. We take no referral fees and owe no favours, so the only thing we offer is learning.

Our aim is to be India’s most respected school of options, built on the highest ethical ground, in service of its people.

Kundan Kishore, founder of The School of Options
Kundan KishoreFounder, The School of Options

The people behind the school

A school is its people.

  1. Studied atBITS Pilani
  2. Worked atMorgan Stanley, Barclays Capital and Royal Bank of Scotland
  3. Then25 years of teaching and mentoring
  4. NowBuilding The School of Options

Kundan left global banking to teach. The School of Options brings that work, and the community it built, together.

  • 2,000+

    people mentored personally

  • 25

    years of mentoring

  • 2,00,000+

    learners reached by his wider education work

[Count] mentors, learners and volunteers stand behind this school.

Meet the people behind the school

From the School

Fresh lessons, every day.

Short, clear articles on options, risk and markets, plus news from the School.

See all articles

Who it is for

There is a place here for every serious learner.

From the curious beginner to the founder of a trading desk. Which one are you?

  1. The curious learner

    You want to understand options properly before you risk any money.

  2. The trader who keeps losing

    You trade options, but the losses keep coming. We help you see why, and rebuild from the basics.

  3. The part-time trader

    You have a job or a business, and want to trade alongside it with a method that fits your time.

  4. The future full-time trader

    You want trading to be your profession. We train the skill, discipline and risk control a profession needs.

  5. The experienced trader

    You already trade and want to get better, with modern tools, technology and sharper risk and portfolio management.

  6. The future desk founder

    You plan to run a trading desk as a business. We cover the knowledge, systems and risk controls a desk runs on.

Whoever you are, if you are ready to change how you trade, we will nurture you.

Get Admission

How admission works

Every admission starts with a five-minute assessment.

Everyone arrives with different knowledge, goals, time and budget. So before we teach, we listen.

  1. Take the assessment

    Simple questions about your experience, knowledge, goals and time.

    4 to 5 minutes

  2. We understand you

    Your answers show us where to start and which way of teaching suits you.

  3. Get your personal plan

    A learning plan built around your needs and your budget.

  4. Start learning

    Join the school and begin with the first step of your plan.