Category: Tutorials
Condor Spreads - Using Calls or Puts to Define Risk and Target Volatility
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.
Strap Options - Two Different Ways to Trade Directional Volatility
Strap options are designed for traders who expect a big move but aren’t sure which direction it will go.
Ladder Options - Using Long and Short Ladders with Calls and Puts
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?
Collars With Less (or More) Than 100 Shares: Locking in Profit Your Way
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.
Christmas Tree Options Strategy - A Defined-Risk Setup for Advanced Traders
The christmas tree options strategy is a defined-risk setup that uses multiple strikes for targeted outcomes.
Stock Repair Strategy - Fix Losing Trades with These Two Option Setups
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 - Trading Big Breakouts with Defined Risk
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.
Reverse Iron Butterfly - Setup, Payoff, and When to Use It
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.
Synthetic Put – What It Is, How It Works, and Why Traders Use It
A synthetic put is a way to recreate the payoff of a regular put—long or short—using a mix of stock and options.
Synthetic Short Straddle – A Closer Look at Short Call and Short Put Variants
A synthetic short straddle gives you the same payoff using either a short call or a short put setup—each with a different position in the underlying.