## Options Trading Strategies: Strap

The strap is a three-legged strategy, created by buying two At The Money calls and one At The Money put, all with the same strike price and an expiration date. You can also buy...

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# direction neutral

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Options Trading Strategies: Strap

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Options Trading Strategies: Strip

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Options Trading Strategies: Long Guts

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Options Trading Strategies: Short Guts

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Options Trading Strategies: Short Strangle

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Options Trading Strategies: Long Strangle

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Options Trading Strategies: Short Straddle

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Options Trading Strategies: Long Straddle

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Options Trading Strategies: Short Put Ladder

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Options Trading Strategies: Long Put Ladder

The strap is a three-legged strategy, created by buying two At The Money calls and one At The Money put, all with the same strike price and an expiration date. You can also buy...

The strip is a three-legged strategy, created by buying one At The Money call and two At The Money puts, all with the same strike price and an expiration date. You can also buy...

The long guts is a two-legged strategy, created by buying one In The Money call and one In The Money put, both with the same expiration date. The opposite to short guts. When to...

The short guts is a two-legged strategy, created by selling one In The Money call and one In The Money put, both with a same expiration date. When to use this strategy? You are...

The short strangle (otherwise called a sell strangle) is a two-legged strategy, created by selling one Out of The Money put and one Out of The Money call, both with the same expiration date....

The long strangle (otherwise called a buy strangle) is a two-legged strategy, created by buying one Out of The Money put and one Out of The Money call, both with the same expiration date....

The short straddle (otherwise called a sell straddle or a naked straddle sale) is a two-legged strategy, created by selling one At The Money call and selling one At The Money put, both with...

The long straddle (otherwise called a buy straddle) is a two-legged strategy, created by buying one At The Money call and one At The Money put, both with the same expiration date and a...

The short put ladder (otherwise called a bull put ladder) is a three-legged strategy, created by buying one Out of The Money put, buying one At The Money put, and selling one In The...

The long put ladder (otherwise called a bear put ladder) is a three legged strategy, created by selling one Out of The Money put, selling one At The Money put, and buying one In The Money put, all with a same expiration date. When to use this strategy? You are neutral to direction, and expect minimal underlying price movement. Also, a long call ladder can...