Options strategies for everyone.

Income

In the money (ITM) Covered Call

Useful for existing stock positions when you want added premium income and a bit more downside buffer.

• Trigger Sideways to mildly bullish view with attractive implied volatility.
• Execution Hold the stock and sell an ITM call against it.

Open strategy

Income

Covered Call (OTM)

Useful for existing stock positions when recurring premium should be collected while leaving more upside open.

• Trigger Sideways to moderately bullish view with healthy implied volatility.
• Execution Hold the stock and sell an OTM call against it.

Income

Wheel Strategy

Useful for investors who want to take stock at a lower entry and then sell covered calls against it.

• Trigger Solid underlying with liquid options.
• Execution Sell OTM put, take assignment if needed, then sell OTM covered call.

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Directional

Bull Put Spread

Suitable for a bullish view with defined downside and premium collection through a credit spread.

• Trigger Bullish thesis with a clearly defined support zone.
• Execution Sell the higher put and buy the lower put.

Open strategy

Volatility

Flyagonal

Useful for structured volatility setups with a defined target zone and deliberately chosen expiries.

• Trigger Limited move expectation with an interesting term-structure setup.
• Execution Combine butterfly logic with diagonal expiry selection.

Open strategy

Intraday

0DTE on SPX

Only for disciplined intraday setups with tight risk and a clearly defined exit rule.

• Trigger Intraday momentum, key levels, or event reaction in SPX.
• Execution Small size, fast exit, and no averaging out of hope.

Open strategy

Hedge

Collar

Useful for existing positions when downside should be capped and part of the hedge cost should be offset.

• Trigger Uncertain market conditions or elevated event risk.
• Execution Hold the stock, buy a put, and sell a call to offset part of the cost.

Open strategy