Category: Tutorials

Vertical spreads are a common way to trade options while keeping both risk and reward in check. But how do they actually work?

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?

Looking for a flexible way to trade neutral markets without relying on tight price ranges? The iron albatross spread might be what you need.

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.

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.

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.

The short strangle is a common strategy for collecting premium in neutral markets. What’s less common, but effective, is combining that same short strangle with shares.

You can combine a straddle with stock ownership. With our custom scan, you can screen the market for a trade setup holding a portion of the underlying (say, for instance, 75 shares) and add a straddle

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