Category: Custom Option Screener

Synthetic Straddle – How to Create One Using Long Calls or Long Puts
A synthetic straddle is a way to mimic a classic long straddle without using both a call and a put.

Back Ratio Spread - A Lesser-Known Strategy for Advanced Options Traders
The back ratio spread is an options strategy that traders use when they expect a strong move in a stock’s price. It involves buying more options than selling, creating a position with limited risk and potentially unlimited profit.

Trade Idea - Short Put Ladder on GRPN
After a volatile earnings reaction, Groupon (GRPN) caught my attention this week. Following a surprisingly strong earnings report, the stock surged over 45% in a single day and is now trading above $26.

Covered Straddle - How It Works and When to Use It
The covered straddle strategy combines long stock, a short call, and a short put to generate premium income

Synthetic Short: An Options Alternative to Short Selling a Stock
A synthetic short offers traders a flexible way to bet against a stock without short selling. But how does a synthetic short position work, and what makes it different from simply short selling shares?

Learn How to Use a Reverse Iron Condor Strategy (Profiting from High Price Movements with Options)
You have probably heard about the classic iron condor to benefit from a relatively stable market, but what if you need a strategy for high volatility? The reverse iron condor strategy, also known...

The Basics of the Covered Put Strategy: What You Need to Know (and How to Handle Risk)
When you have a short position on a stock, a covered put strategy can help you generate income and manage risk. By selling covered put options, you can earn premiums to reduce your short position's...

Building a Synthetic Covered Call Strategy - What You Need to Know
Options trading can give investors unique opportunities to manage risk and achieve growth. The synthetic covered call is a strategy that combines the benefits of traditional covered calls with no...

What Is (and How to Use) the Batman Option Strategy?
The batman option strategy is basically a marketing name for the combination of two vertical ratio spreads (four legs with two positions each—both short and long) and can be a nice idea to consider...

The Zebra Option Strategy: A Simple Explainer
The Zebra option strategy simplifies managing directional risk in the market and represents a nice way to replicate stock ownership without heavy investments. Whether you lean bearish with a put...