Advanced Option Strategies

This strategy consists of buying one call option and selling another at a higher strike price to help pay the cost.

A bear put spread consists of buying one put and selling another put, at a lower strike, to offset part of the upfront cost.

This strategy consists of buying a call option and a put option with the same strike price and expiration.

This strategy involves selling a call option and a put option with the same expiration and strike price.

This strategy profits if the stock price moves sharply in either direction during the life of the option.

This strategy profits if the stock price and volatility remain steady during the life of the options.

This strategy combines a longer-term bullish outlook with a near-term neutral/bearish outlook.

This strategy profits if the underlying stock is inside the inner wings at expiration.

A call backspread strategy is a strategy that can be used by an investor who strongly believes a stock is going to go up.

A put backspread strategy is a strategy that can be used by an investor who strongly believes a stock is going to go down.

This strategy consists of adding a long put position to a long stock position.

This strategy consists of writing a call that is covered by an equivalent long stock position.