Options Strategy Library

Professional guides on the most effective options strategies. Learn how to hedge, speculate, and generate income like a pro.

NEUTRAL

Iron Condor

An Iron Condor is a non-directional strategy that profits when the stock price stays within a specific range. It combin…

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BULLISH

Bull Call Spread

A Bull Call Spread (Vertical Call Spread) involves buying an at-the-money call and selling an out-of-the-money call at …

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BEARISH

Bear Put Spread

A Bear Put Spread involves buying an in-the-money put and selling an out-of-the-money put at a lower strike.

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NEUTRAL / PROTECTION

Zero-Cost Collar

A Collar is used to protect a long stock position. You sell an OTM call to fund the purchase of an OTM protective put.

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New strategies (Iron Butterfly, Straddles, Diagonals) are added weekly. Model any custom trade in our Options Lab.