Option Samurai Blog
Learn. Trade. Profit.
Early Exercise in Options - A Basic Operation Every Trader Should Know
Learn what early exercise means in options trading, when it makes sense, and why most traders avoid it unless there's a clear benefit.

Options vs Stocks - What Traders Must Understand Before Choosing
Options vs Stocks is a choice every trader faces. Should you own part of a company, or place a short-term bet on its price?

Vertical Spreads - A Closer Look at Defined-Risk Option Strategies
Vertical spreads are a common way to trade options while keeping both risk and reward in check. But how do they actually work?

Trade Idea – Long Call ZEBRA on BAC
I have just opened a bullish position on Bank of America (BAC) using a long call ZEBRA, a “Zero Extrinsic Back Ratio” strategy.

Iron Condor with Stock Position on Dividend-Paying Stocks (Premium + Upside + Dividend)
An iron condor is typically used as a neutral income strategy, ideal when you expect a stock to stay within a range. But what if you could take this income strategy and enhance it, not just with upside exposure, but also with dividend income?

Trade Idea - Long Call Financed with Put Spreads on BBY
I used our custom strategy screener feature to find a non-conventional trade idea to go long on BBY.

Iron Albatross Spread - A Condor Alternative with More Flexibility
Looking for a flexible way to trade neutral markets without relying on tight price ranges? The iron albatross spread might be what you need.

The Adjusted Risk Reversal - Selling Two Puts and Buying One Call
Naked puts are a popular strategy because they offer a high probability of profit, as long as the stock stays above your strike, you collect the premium. But here's a better trade idea for you: the adjusted risk reversal.

Trade Strong Stocks with Defined Risk - The ZEBRA Strategy
The ZEBRA (Zero Extrinsic Back Ratio) gives you stock-like upside, limited risk, and, if opened in the right way, a relatively close breakeven point.

Buying the Dip with the Custom Scan - Long Risk Reversal on Good Oversold Companies
Most traders buy the dip using long calls or naked puts. But with our Custom Strategy Scanner, you can take a more advanced approach: sell a put and buy a call to build a long risk reversal.