Option Strategies

Option Strategies:

Volatility

Net-Debit

Capital Gain

“Short“ Iron Butterfly

Sideways

Net-Debit

Capital Gain

Long Put Butterfly

Sideways

n.a.

Capital Gain

Short Call Synthetic Straddle

Sideways

Net-Credit

Income

Short Guts

Volatility

n.a.

Capital Gain

Long Box

Volatility

Net-Credit

Capital Gain

Short Call Condor

Volatility

Net-Debit

Capital Gain

Long Guts

Volatility

Net-Credit

Income

Short Put Butterfly

Bearish

n.a.

Capital Gain

Put Ratio Backspread

Bearish

Zero Cost

Capital Gain

Bearish Short Seagull Spread

Bearish

n.a.

Capital Gain

Bear Put Ladder

Bearish

Net-Debit

Income

Diagonal Put Spread

Bearish

Net-Credit

Income

Bear Call Spread

Bullish

n.a.

Capital Gain

Collar

Bullish

Zero Cost

Capital Gain

Bullish Short Seagull Spread

Bullish

Both

Capital Gain

Long Synthetic Forward

Bullish

Net-Credit

Income

Ratio Put Spread

Bullish

Net-Credit

Income

Bull Put Spread

Bullish

n.a.

Income

Covered Short Straddle

Sideways

Net-Debit

Capital Gain

Long Put Condor

Sideways

Net-Debit

Capital Gain

Long Call Butterfly

Sideways

Net-Credit

Income

Long Iron Condor

Sideways

Net-Credit

Income

Short Strangle

Volatility

Net-Debit

Capital Gain

Short Iron Condor

Volatility

n.a.

Capital Gain

Long Put Synthetic Straddle

Volatility

Net-Debit

Capital Gain

Long Strangle

Volatility

Net-Credit

Income

Short Call Butterfly

Bearish

Net-Debit

Capital Gain

Strip

Bearish

n.a.

Capital Gain

Short Combo

Bearish

Net-Debit

Capital Gain

Bear Put Spread

Bearish

Net-Debit

Income

Calendar Put Spread

Bearish

n.a.

Income

Covered Put

Bullish

n.a.

Capital Gain

Call Ratio Backspread

Bullish

Zero Cost

Capital Gain

Bullish Long Seagull Spread

Bullish

n.a.

Capital Gain

Bull Call Ladder

Bullish

n.a.

Income

Covered Short Strangle

Bullish

Net-Debit

Income

Calendar Call Spread

Sideways

Net-Debit

Capital Gain

Long Call Condor

Sideways

n.a.

Capital Gain

Short Put Synthetic Straddle

Sideways

Net-Credit

Income

“Long“ Iron Butterfly

Sideways

Net-Credit

Income

Short Straddles

Volatility

Net-Credit

Capital Gain

Short Put Condor

Volatility

n.a.

Capital Gain

Long Call Synthetic Straddle

Volatility

Net-Debit

Capital Gain

Long Straddle

Bearish

n.a.

Hedging

Protective Call

Bearish

Zero Cost

Capital Gain

Bearish Long Seagull Spread

Bearish

Both

Capital Gain

Short Synthetic Forward

Bearish

Net-Credit

Income

Ratio Call Spread

Bearish

n.a.

Income

Bear Call Ladder

Bullish

n.a.

Hedging

Protective Put

Bullish

Net-Debit

Capital Gain

Strap

Bullish

n.a.

Capital Gain

Long Combo

Bullish

Net-Debit

Capital Gain

Bull Call Spread

Bullish

n.a.

Income

Covered Call

Bullish

Net-Debit

Income

Option Strategies

“Short“ Iron Butterfly

Long Put Butterfly

Short Call Synthetic Straddle

Short Guts

Long Box

Short Call Condor

Long Guts

Short Put Butterfly

Put Ratio Backspread

Bearish Short Seagull Spread

Bear Put Ladder

Diagonal Put Spread

Bear Call Spread

Collar

Bullish Short Seagull Spread

Long Synthetic Forward

Ratio Put Spread

Bull Put Spread

Covered Short Straddle

Long Put Condor

Long Call Butterfly

Long Iron Condor

Short Strangle

Short Iron Condor

Long Put Synthetic Straddle

Long Strangle

Short Call Butterfly

Strip

Short Combo

Bear Put Spread

Calendar Put Spread

Covered Put

Call Ratio Backspread

Bullish Long Seagull Spread

Bull Call Ladder

Covered Short Strangle

Calendar Call Spread

Long Call Condor

Short Put Synthetic Straddle

“Long“ Iron Butterfly

Short Straddles

Short Put Condor

Long Call Synthetic Straddle

Long Straddle

Protective Call

Bearish Long Seagull Spread

Short Synthetic Forward

Ratio Call Spread

Bear Call Ladder

Protective Put

Strap

Long Combo

Bull Call Spread

Covered Call

Diagonal Call Spread