Hit amazon and look for 5 star reviews on books. and get this book on options:
Option Volatility & Pricing: Advanced Trading Strategies and Techniques by Sheldon Natenberg.
Oh, and even though you are a big roller with the dice I would recommend with that initial $500 bankroll that you get yourself a low fee broker like sogo
https://www.sogotrade.com/Setup/Default.…
As you can see they only charge $3 a trade which is the lowest in the industry and they give you 100 free trades to start and require only a $500 minimum deposit.
Citigroup Inc (C). It's a do or die stock. Either it lives or dies.
symbol UWM . It goes up twice the Russel 2000.