This is a list of option strategies which have negative delta (they generally profit when underlying price goes down):
- Bear Call Spread (also Short Call Spread, Credit Call Spread)
- Bear Put Spread (also Long Put Spread, Debit Put Spread)
- Covered Put
- Long Put
- Protective Call (also Married Call)
- Short Call (also Naked Call, Uncovered Call)
- Short Combo
- Strip
- Synthetic Covered Put
- Synthetic Long Put (also Synthetic Put)
- Synthetic Short Call
- Synthetic Short Stock (also Synthetic Short)
See also option strategies with positive delta and delta neutral strategies.