Skip to content
B.T.D.F.
  • Premium
  • Education
    • Stock Trading
      • Must Know Stock Trading Terms
      • Breakout trading
      • Chart Reading
        • Support And Resistance
      • Indicators
        • TTM Squeeze
    • Options Education
      • Must Know Options Trading Terms
      • Bearish Options Strategies
      • Bullish Options Strategies
      • Neutral Options Strategies
      • Volatility Strategies
  • Videos
  • Downloads
    • ThinkorSwim Indicators
      • Squeeze Pro for TOS Mobile
      • Expected Daily Move label
      • SAR Label
      • ATR Cloud Study
      • WST MACD + Squeeze Pro Lower with label
      • WST BSP
      • WST MTM Package
      • P/L Label
      • Stacked EMA Label and Mobile ToS workaround
    • Think Or Swim (TOS) Scanners
    • FREE Option Trade Journal
    • Reminiscences of a Stock Operator
  • Trade Forum
  • Contact
  • Disclaimer

Category: Neutral Options Strategies

LONG CALL BUTTERFLY

February 11, 2021 Larry Leave a comment

Example: Sell 2 calls; buy 1 call at next lower strike; buy 1 call at next higher strike (the strikes…

Continue Reading →

Posted in: Neutral Options Strategies

COVERED COMBINATION/COVERED STRANGLE

Larry Leave a comment

Example: Own stock; sell one call; sell one put; underlying price typically between short call and short put strikesMarket Outlook:…

Continue Reading →

Posted in: Neutral Options Strategies

CALENDAR SPREAD

Larry Leave a comment

Example: Sell 1 call; buy 1 call at same strike but longer expiration; also can be done with putsMarket Outlook:…

Continue Reading →

Posted in: Neutral Options Strategies

SHORT STRANGLE

Larry Leave a comment

Example: Sell 1 call with higher strike; sell 1 put with lower strikeMarket Outlook: NeutralRisk: UnlimitedReward: LimitedIncrease in Volatility: Hurts…

Continue Reading →

Posted in: Neutral Options Strategies

SHORT STRADDLE

Larry Leave a comment

Example: Sell 1 call; sell 1 put at same strikeMarket Outlook: NeutralRisk: UnlimitedReward: LimitedIncrease in Volatility: Hurts positionTime Erosion: Helps…

Continue Reading →

Posted in: Neutral Options Strategies

COLLAR (Protective Collar)

Larry Leave a comment

Example: Own stock, protect by purchasing 1 put and selling 1 call with a higher strikeMarket Outlook: Neutral to slightly…

Continue Reading →

Posted in: Neutral Options Strategies

Short Straddle

January 17, 2021 Larry Leave a comment

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

Continue Reading →

Posted in: Neutral Options Strategies

Iron Condor (Short)

Larry Leave a comment

This strategy profits if the underlying stock is inside the inner wings (short strikes) at expiration. To construct a short…

Continue Reading →

Posted in: Neutral Options Strategies
Copyright W.S Trades © 2021