Options Trading

The collar option strategy combines income from a covered call and downside protection from a protective put.

Option collar strategy: Can you get free price protection?

Kinda sorta. But there are trade-offs.

A risk graph shows theta and time decay for an option as it approaches expiration.

Option theta, vega, and implied volatility: Navigating uncertainty

Time and tide wait for no option contract.

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The expiration profile: How to read an options risk graphAnatomy of a payoff diagram.

Condor and iron condor option strategiesWhen markets move sideways, these spreads go to work.

The put-call ratio: Gauge the market’s mood with an old-school volatility indicatorAre options traders pricing in fear or calm?

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0DTE options trading: High risk or hype?

Every weekday is expiration day. Is that a bad thing?

Condor and iron condor option strategies

When markets move sideways, these spreads go to work.

Covered call options: Targeting income from stocks you own (or setting an exit price)

Learn your options before you trade them.

Directional risk in options: Understanding delta and gamma

The rate of change of the rate of change.

Intro to options: A different way to participate in the stock market

Learn about calls and puts.

Iron butterfly: Body and wings (or a straddle with endpoints)

The option spread, not the ’60s rock band.

Know your options—and the risk and reward for each strategy

Options strategies for beginners and advanced traders.

Measuring options risk: Delta, gamma, theta, and vega (and rho)

Are they Greek to you?

Option butterfly spreads: Volatility, magnitude, and defined risk

Would you like your butterfly balanced or unbalanced?

Option collar strategy: Can you get free price protection?

Kinda sorta. But there are trade-offs.

Option specs: American vs. European exercise; physical vs. cash settlement

Know the terms of the trade.

Option straddles: Volatility, magnitude, and time (not direction)

A straightforward strategy, but risky.

Option strangles and iron condors: Targeting movement but not direction

Multiple strikes; multiple uses.

Option theta, vega, and implied volatility: Navigating uncertainty

Time and tide wait for no option contract.

Ready to roll? Keeping an option strategy intact past expiration

Lots of options for rolling options

Selling call and put options: A guide to the risks and rewards

Your rights vs. your obligations.

Selling cash-secured put options: Stock accumulation and targeted premium collection

Getting paid to wait for a buying opportunity.

Selling vertical put option spreads: Defined risk and reward with a bullish bias

It’s a probability/profit trade-off.

The expiration profile: How to read an options risk graph

Anatomy of a payoff diagram.

The put-call ratio: Gauge the market’s mood with an old-school volatility indicator

Are options traders pricing in fear or calm?

Vertical call option spreads: Defined risk and reward with a bearish bias

Putting time on your side.

Want to limit your downside risk? Introducing the protective put strategy

Collision insurance for your stock holdings.

What kind of mood is the market in? Check the Cboe Volatility Index (VIX)

Shaken or stirred?