Option Samurai Blog

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.

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

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?

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

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.

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

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.

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.

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.

Traders use the reverse iron butterfly when they expect a big move-but don’t know which way. This strategy blends calls and puts to cap risk while betting on volatility.