Married Put

An options trading strategy designed to protect an investor from drastic drops in the price of a stock.  The investor, while holding a long position on a stock, purchases an at-the-money put option of the same stock to protect themselves against depreciation in the...

Long Strangle

A similar strategy to a straddle but with utilizing options at different strike prices.  A strangle options strategy is achieved when an investor has a position in a call and a put option with different strike prices but with the same expiration date and underlying...

Long Straddle

An options trading strategy involving a trader purchasing a long call and a long put on the same underlying asset at the same strike price and with the same expiration date.  The objective is to profit from a very strong move in either direction by the underlying...

Iron Condor

A trading strategy attempting to profit from the low volatility of an underlying asset.  An iron condor options strategy consists of two puts (a long and a short) and two calls (also a long and a short) along with four strike prices, all with the same expiration...

Iron Butterfly

An options trade that uses 4 different contracts as part of a wider strategy to benefit from stocks or futures prices moving within a defined range.  It is constructed similarly to a short-straddle trade, with a long call and long put option purchased for protection. ...