Basic Options Strategies Explained

Bullish Strategies

An options trading graph demonstrating the potential profit/loss of a call debit spread at expiration.
Call Debit Spread
An options trading graph demonstrating the potential profit/loss of a put credit spread at expiration.
Put Credit Spread
An options trading graph demonstrating the potential profit/loss of a short put at expiration.
Short Put
An options trading graph demonstrating the potential profit/loss of a short put at expiration.
Covered Call
Long Call

Neutral Strategies

An options trading graph demonstrating the potential profit/loss of an iron condor at expiration.
Iron Condor
An options trading graph demonstrating the potential profit/loss of a short strangle at expiration.
Short Strangle
An options trading graph demonstrating the potential profit/loss of a long straddle at expiration.
Long Strangle
An options trading graph demonstrating the potential profit/loss of a long straddle at expiration.
Long Straddle
An options trading graph demonstrating the potential profit/loss of a short straddle at expiration.
Short Straddle

Bearish Strategies

An options trading graph demonstrating the potential profit/loss of a call debit spread at expiration.
Call Credit Spread
Put Debit Spread
Short Call
Long Put
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