Option Strategies
Rookies
Covered Call
Protective Put
Collar
Cash-Secured Put
Veterans
Long Call
Long Put
Fig Leaf
Long Call Spread
Long Put Spread
Seasoned Veterans
Short Call Spread
Short Put Spread
Long Straddle
Long Strangle
Back Spread
w/Calls
Back Spread
w/Puts
Long Calendar
Spread w/Calls
Long Calendar
Spread w/Puts
Diagonal Spread
w/Calls
Diagonal Spread
w/Puts
Long Butterfly
w/Calls
Long Butterfly
w/Puts
Iron Butterfly
Skip Strike
Butterfly w/Calls
Skip Strike
Butterfly w/Puts
Inverse Skip Strike
Butterfly w/Calls
Inverse Skip Strike
Butterfly w/Puts
Christmas Tree
Butterfly w/Calls
Christmas Tree
Butterfly w/Puts
Long Condor
Spread w/Calls
Long Condor
Spread w/Puts
Iron Condor
All-Stars
Short Call
Short Put
Short Straddle
Short Strangle
Long Combination
Short Combination
Front Spread w/Calls
Front Spread w/Puts
Double Diagonal
Resources
Options Basics
Introduction
Option Basic
Key Options Terms
A Brief History of Options
What is Volatility?
Meet the Greeks
What is an Index Option?
Cashing Out Your Options
Keeping Tabs on Open Interest
The Players in the Game
Rookie's Corner
Getting Your Feet Wet
Writing Covered Calls
Buying LEAPS Calls as aStock
Substitute
Selling Cash-Secured Puts on
Stock You Want to Buy
Five Mistakes to Avoid
When Trading Options
Option Strategies
Managing Positions
An Introduction to Rolling
Rolling a Covered Call
Rolling a Cash-Secured Put
Rolling a Short Call Spread
What is Early Exerciseand
Assignment?
Keeping an Eye on Position
Delta
Options Basic
Rookie's Corner
Option Strategies
Managing Positions
Glossary
Author
Blogs
Buy the Book
Blogs
April 28, 2026
Theta Options: How Time Decay Works For You or Against You Every Day
April 28, 2026
Options Trading Lessons: The Mistakes That Cost New Traders the Most
April 28, 2026
Covered Call Strategy: A Complete Guide to Generating Income From Stocks You Already Own
October 3, 2024
Decoding Options on the VIX index by Brian Overby