Common Strategies

Have a quick glance at payoff charts for popular trading strategies. Find the payoff pattern most suitable to your perceived market conditions and click to view details.

Long Call
Long Call
Long Put
Long Put
Short Call
Short Call
Short Put
Short Put
Covered Call
Covered Call
Protective Put
Protective Put
Bull Call Spread
Bull Call Spread
Bear Call Spread
Bear Call Spread
Bull Put Spread
Bull Put Spread
Bear Put Spread
Bear Put Spread
Call Ratio Backspread
Call Ratio Backspread
Put Ratio Backspread
Put Ratio Backspread
Long Straddle
Long Straddle
Short Straddle
Short Straddle
Long Strangle
Long Strangle
Long Call Butterfly
Long Call Butterfly
Long Put Butterfly
Long Put Butterfly
Short Call Butterfly
Short Call Butterfly
Short Put Butterfly
Short Put Butterfly
Long Iron Butterfly
Long Iron Butterfly
Short Iron Butterfly
Short Iron Butterfly
Modified Call Butterfly
Modified Call Butterfly
Modified Put Butterfly
Modified Put Butterfly
Long Call Condor
Long Call Condor
Long Put Condor
Long Put Condor
Short Call Condor
Short Call Condor
Short Put Condor
Short Put Condor
Calendar Call Spread
Calendar Call Spread
Calendar Put Spread
Calendar Put Spread
Diagonal Call Spread
Diagonal Call Spread
Diagonal Put Spread
Diagonal Put Spread
Ratio Call Spread
Ratio Call Spread
Ratio Put Spread
Ratio Put Spread
Long Synthetic Future
Long Synthetic Future
Short Synthetic Future
Short Synthetic Future
Long Combo
Long Combo
Short Combo
Short Combo
Strip
Strip
Strap
Strap