Category: Tutorials

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.

Delta-Zero Income Strangle with Shares
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.

Earnings Play on Stocks You Own with the Custom Scan - Shares and Long Straddle
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

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.