strategies
- BearishProfits when the underlying falls.bearish
- BeginnerFoundational concepts for new options traders.beginner
- BullishProfits when the underlying rises.bullish
- Defined RiskMaximum loss is known and capped at entry.defined-risk
- HedgingProtects an existing position from loss.hedging
- IncomeCollects premium / benefits from time decay (theta).income
- Multi-LegThree or more legs combined into one position.multi-leg
- NeutralProfits when the underlying stays range-bound.neutral
- Single LegOne option contract.single-leg
- Vertical SpreadTwo same-expiry options at different strikes.vertical-spread
- VolatilityProfits from a large move or rising implied volatility.volatility