Can someone tell me where i can find something like this

Hello,

I`ve heard that its possible with options to trade without risk?Can someone point me in the right direction what book or course teaches this where can i find some more information?

well, the formula ( actually discovered by ed thorp first i believe) was all about minimizing risk.

Before you embark on this venture you may want to watch this video...

It is generally not possible to trade risk free.
A long position carries risk in terms of what you paid.
A short position has technically unlimited risk.
A spread would have defined risk.
If you were to leg into a multi leg position, then with fortune on your side it would be possible to have a trade with no theoretical risk.
Whilst you were legging in of course, there would be risk.
Happy Trading

It is generally not possible to trade risk free.