Option Samurai Blog
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Single Leg Options Trading - The 4 Core Options Strategies to Know
The basics of single leg options explained: learn what they are, how they work, the four core strategies, and when to trade them.
Trade Idea - Riskless Butterfly on ORCL
Today I opened a zero-loss butterfly on Oracle (ORCL). Structurally, this is a bullish butterfly with a defined outcome: it cannot lose money at expiration.
Iron Condor vs Iron Butterfly Strategies - Two Different Ways to Trade a Sideways Market
Understand the difference between the iron condor vs iron butterfly strategies. These setups are 2 popular ways to trade a sideways market.
Options Portfolio Management: How to Build and Balance Positions
Master options portfolio management with strategies, risk controls, and practical examples. Learn how to diversify, size positions, and more.
Debit Spread vs Credit Spread - How To Choose The Right Vertical For Your Market View
A clear guide to debit spread vs credit spread strategies, how they work, when to use them, and how volatility and pricing shape your choice between the two.
Risk Reversal in Options - How to Trade Direction With Minimal Upfront Cost
Understand risk reversal options, how they provide low cost directional exposure, and how to trade them in bullish or bearish markets.
No Loss Option Strategies - How True Zero Risk Trades Really Work
Learn how no loss option strategies actually work using put call parity, synthetic pricing, and true zero risk structures like collars, box spreads, and butterflies.
Looking Back: Option Samurai in 2025
As 2025 comes to a close, it's a good moment to step back and look at what has been one of the most transformative years in Option Samurai's history
Option Samurai's Year-End Version: Q4 2025 Release
Option Samurai's Q4-2025 version is Live! It includes more data, quality-of-life improvements, a new backtest, and more.
Santa Rally Backtest - What 75 Years of S&P 500 Data Reveal
A complete Santa Rally backtest using 75 years of S&P 500 data. Learn how the market typically behaves during this 7 day window, what influences the rally, and more.