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payoff condor strategy

Condor Spreads - Using Calls or Puts to Define Risk and Target Volatility

Tutorials

Learn how condor spreads work using calls or puts, with clear examples of long and short strategies to trade market volatility with defined risk and reward.

Option Samurai Q2 -2025 - Custom Option Strategy Scanner

What's New

Option Samurai Q2 2025 version adds a custom strategy scanner, dark mode, and platform upgrades to help you find trades you can't find anywhere else. Try it now.

long strap

Strap Options - Two Different Ways to Trade Directional Volatility

Tutorials

Strap options are designed for traders who expect a big move but aren’t sure which direction it will go.

ladder options strategies

Ladder Options - Using Long and Short Ladders with Calls and Puts

Tutorials

Most option traders know vertical spreads, but fewer take advantage of the ladder option. What happens if you add a third leg to the trade?

OUST price chart

Trade Idea - Risk-Free Collar on OUST

Gianluca's Trades

I recently opened a low-risk position in OUST using a collar strategy that mimics a Treasury-like return profile.

collar create custom scan

Collars With Less (or More) Than 100 Shares: Locking in Profit Your Way

Tutorials

You don’t need to stick to exactly 100 shares. With our custom scan feature, you can design a collar using fewer or more than 100 shares - giving you more control over risk, capital, and payoff.

long christmas tree

Christmas Tree Options Strategy - A Defined-Risk Setup for Advanced Traders

Tutorials

The christmas tree options strategy is a defined-risk setup that uses multiple strikes for targeted outcomes.

repair strategy

Stock Repair Strategy - Fix Losing Trades with These Two Option Setups

Tutorials

If you’re holding a stock that’s down and wondering how to fix it without buying more shares, a stock repair strategy with options might help.

reverse iron albatross spread

Reverse Iron Albatross Spread - Trading Big Breakouts with Defined Risk

Tutorials

The reverse iron albatross spread is a debit options strategy designed for big moves in either direction. It’s structured like a wider reverse iron condor, with strikes placed further apart.

MSTZ chart

Trade Idea – Call Zebra on MSTZ

Gianluca's Trades

Lately, I’ve been keeping an eye on MSTZ, a 2x inverse ETF tied to MicroStrategy (MSTR), as an interesting proxy trade around crypto sentiment.