#1 Options Strategies Center

An iron condor and an iron butterfly are both neutral options strategies that collect a credit up front and profit when a stock stays quiet. The difference is where you sell your strikes. An iron condor sells them apart, so you win across a wider range but collect less. An iron butterfly sells them at […]

A credit spread is an options strategy where you sell one option and buy another option further out of the money in the same expiration, collecting a net premium upfront. You keep that premium as profit if the stock finishes on the right side of your strikes, and the option you bought caps how much […]

Monday brought us a pretty strong rally, so yesterday’s pullback wasn’t much of a surprise. The good news is that it was fairly mild and didn’t do anything to change the bigger picture. As I’ve mentioned in our recent updates, I’m looking to use these pullbacks as opportunities to add new positions. There are some […]

If you’ve been following our market updates, you know we’ve been urging patience over the past two weeks rather than jumping into new trades. We wanted to see the market show signs of a bottom first. Yesterday, we finally got some of the confirmation we’d been waiting for and opened two new trades. I suspect […]

Volatility is exceptionally high right now, and there are several reasons for it. With investors uncertain about the direction of the market, we’re seeing larger price swings and significant moves in individual stocks. While this creates opportunities, it also means we need to be more careful about how we structure our trades. One of the […]