Category: Tutorials

The double diagonal spread is a lesser-known options strategy that combines time decay and defined risk.

A diagonal spread mixes strike prices and expirations to trade directionally with limited risk. But when should you use a diagonal call spread vs. a diagonal put spread? This guide breaks it down, simply and clearly.

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