The following is a list of all option strategies, sorted alphabetically by name. Some strategies are known under multiple names, which are also listed.
Or see option strategies by exposure: bullish, bearish, long volatility, non-directional.
Or by number of legs: single leg, two legs, three legs, four legs.
The List
- Bear Call Ladder
- Bear Call Spread
- Bear Put Ladder
- Bear Put Spread
- Bear Ratio Spread – see Put Ratio Spread
- Box Spread – see Long Box Spread
- Bull Call Ladder
- Bull Call Spread
- Bull Put Ladder
- Bull Put Spread
- Bull Ratio Spread – see Call Ratio Spread
- Calendar Call Spread – see Long Calendar Call Spread
- Calendar Put Spread – see Long Calendar Put Spread
- Call Ratio Backspread
- Call Ratio Spread
- Collar
- Covered Call
- Covered Put
- Covered Short Straddle
- Covered Short Strangle
- Credit Call Spread – see Bear Call Spread
- Credit Put Spread – see Bull Put Spread
- Debit Call Spread – see Bull Call Spread
- Debit Put Spread – see Bear Put Spread
- Diagonal Call Spread – see Long Diagonal Call Spread
- Diagonal Put Spread – see Long Diagonal Put Spread
- Double Calendar Spread
- Double Diagonal Spread
- Guts – see Long Guts
- Iron Butterfly
- Iron Condor
- Long Box Spread
- Long Calendar Call Spread
- Long Calendar Put Spread
- Long Call
- Long Call Butterfly
- Long Call Condor
- Long Call Ladder – see Bull Call Ladder
- Long Call Spread – see Bull Call Spread
- Long Call Synthetic Straddle
- Long Call Synthetic Strangle
- Long Combo
- Long Diagonal Call Spread
- Long Diagonal Put Spread
- Long Guts
- Long Put
- Long Put Butterfly
- Long Put Condor
- Long Put Ladder – see Bear Put Ladder
- Long Put Spread – see Bear Put Spread
- Long Put Synthetic Straddle
- Long Put Synthetic Strangle
- Long Straddle
- Long Strangle
- Married Call – see Protective Call
- Married Put – see Protective Put
- Naked Call – see Short Call
- Naked Put – see Short Put
- Protective Call
- Protective Put
- Put Ratio Backspread
- Put Ratio Spread
- Ratio Call Spread – see Call Ratio Spread
- Ratio Put Spread – see Put Ratio Spread
- Reverse Iron Butterfly
- Reverse Iron Condor
- Short Box Spread
- Short Calendar Call Spread
- Short Calendar Put Spread
- Short Call
- Short Call Butterfly
- Short Call Condor
- Short Call Ladder – see Bear Call Ladder
- Short Call Spread – see Bear Call Spread
- Short Call Synthetic Straddle
- Short Call Synthetic Strangle
- Short Combo
- Short Diagonal Call Spread
- Short Diagonal Put Spread
- Short Guts
- Short Put
- Short Put Butterfly
- Short Put Condor
- Short Put Ladder – see Bull Put Ladder
- Short Put Spread – see Bull Put Spread
- Short Put Synthetic Straddle
- Short Put Synthetic Strangle
- Short Straddle
- Short Strangle
- Straddle – see Long Straddle
- Strangle – see Long Strangle
- Strap
- Strip
- Synthetic Call – see Synthetic Long Call
- Synthetic Covered Call
- Synthetic Covered Put
- Synthetic Covered Strangle
- Synthetic Long – see Synthetic Long Stock
- Synthetic Long Call
- Synthetic Long Put
- Synthetic Long Stock
- Synthetic Put – see Synthetic Long Put
- Synthetic Short – see Synthetic Short Stock
- Synthetic Short Call
- Synthetic Short Put
- Synthetic Short Stock
- Synthetic Stock – see Synthetic Long Stock
- Synthetic Straddle – see Long Call Synthetic Straddle
- Synthetic Strangle – see Long Call Synthetic Strangle
- Uncovered Call – see Short Call
- Uncovered Put – see Short Put
If you think an option strategy is missing, please let me know.