Strategy index
Every strategy in the reference. Pick one to open its interactive payoff diagram.
- Long CallA bullish, defined-risk strategy with unlimited upside · payoff at expirationBullish
- Long PutA bearish, defined-risk strategy that profits as the stock falls · payoff at expirationBearish
- Bull Call SpreadA defined-risk bullish spread — capped gain, capped loss · payoff at expirationBullish
- Bear Put SpreadA defined-risk bearish spread — capped gain, capped loss · payoff at expirationBearish
- Bull Put SpreadA defined-risk bullish credit spread — keep the premium if it holds up · payoff at expirationBullish
- Bear Call SpreadA defined-risk bearish credit spread — keep the premium if it stays down · payoff at expirationBearish
- Covered CallAn income strategy on shares you own — capped upside, premium cushion · payoff at expirationNeutral-to-Bullish
- Cash-Secured PutGet paid to wait to buy shares — premium income, full cash collateral · payoff at expirationNeutral-to-Bullish