Name: Collar Setup: Own the stock and Sell (short) a call and Buy (long) a put Bias: Neutral to Slightly Bullish (If the underlying sky rockets in price you will be forced to sell at the strike price missing out on the extra gains)   […]

Name: Bull Call Spread or Vertical Spread Setup: Buy (long) Strike A call and Sell (short) Strike B call – same expiration month for both Bias: Bullish with a target at the short strike   […]

Name: Bear Put Spread or Vertical Spread Setup: Buy (long) Strike A put and Sell (short) Strike B put – same expiration month for both Bias: Bearish with a target at the short strike […]

  Name: Bear Call Spread or Vertical Spread Setup: Sell (short) Strike A call and Buy (long) Strike B call – same expiration month for both Bias: Neutral to bearish   […]

Name: Bull Put Spread or Vertical Spread Setup: Buy (long) Strike A put and Sell (short) Strike B put Bias: Neutral to Bullish   […]

Name: Long Straddle Setup: Buy (long) Strike A put and Buy (long) Strike A call Bias: Bullish and Bearish – expecting a big move but unsure of direction   […]

Name: Short Straddle Setup: Sell (short) Strike A put and Sell (short) Strike A call Bias: Neutral   […]

Name: Long Strangle Setup: Buy (long) Strike A put and Buy (long) Strike B call Bias: Extreme Bullish and Extreme Bearish   […]

Name: Short Strangle Setup: Sell (short) Strike A put and Sell (short) Strike B call Bias: Neutral   […]

Name: Synthetic Long Setup: Buy (long) Strike A call and Sell (short) Strike A put – same expiration month for both Bias: Bullish   […]

Name: Synthetic Short Stock Setup: Sell (short) Strike A call and Buy (long) Strike A put Bias: Bearish   […]

Name: Front Spread w/ Calls Setup: Buy (long) Strike A call and Sell (short) 2 Strike B calls Bias: Neutral to Slightly Bullish   […]