Options Education
Master the fundamentals of options trading through interactive learning modules, from basic concepts to advanced strategies.
Strategy Explorer
This section provides a comprehensive taxonomy of common options strategies. Each strategy is designed for a specific market outlook. Use the filters to discover strategies based on your view of the market's direction and volatility, then tap on a card to see a detailed breakdown and a dynamic risk profile graph.
Long Call
BullishThe most straightforward bullish strategy.
Bull Call Spread
BullishA moderately bullish strategy.
Bull Put Spread
BullishAn income-generating bullish strategy.
Covered Call Writing
BullishA conservative income strategy.
Sell Naked Put
BullishA bullish income strategy.
Long Put
BearishThe most straightforward bearish strategy.
Bear Put Spread
BearishA moderately bearish strategy.
Bear Call Spread
BearishAn income-generating bearish strategy.
Short Straddle
NeutralA bet on low volatility.
Iron Condor
NeutralA high-probability, risk-defined neutral strategy.
Long Straddle
VolatilityA bet on a large price move in either direction.
Long Strangle
VolatilityA cheaper alternative to the long straddle.
Wheel Strategy (Triple Income)
BullishA systematic income-generating strategy creating three income sources: put premiums, call premiums, and dividends.