Category: Tutorials

What Is (and How to Use) the Batman Option Strategy?
The batman option strategy is basically a marketing name for the combination of two vertical ratio spreads (four legs with two positions each—both short…
long and short calendar spreads
Playing with Expiration Dates – A Guide to Calendar Spread Options
While most options strategies feature contracts with the same expiration date, calendar spread options let you “play” with the time concept. This strategy –…
extrinsic value of options formulas
A Simple Explanation of Extrinsic Value in Options
You often hear that the value of an option tends to decay with time, but why does this happen? To understand the concept, you…
open interest report
A Few Tips to Deal with Pin Risk Options
With options expiring every week, the possibility that your underlying will be close to the strike price on the day your contracts expire is…
10+ things you can do with samurai on the go
10+ Things You Can Do with Samurai On The Go
As we create, test, and release new features, we always make sure they are easily accessible on our mobile site. Whether you’re checking out…
comparison put vs call zebra
The Zebra Option Strategy: A Simple Explainer
The Zebra option strategy simplifies managing directional risk in the market and represents a nice way to replicate stock ownership without heavy investments. Whether…
The Broken Wing Butterfly Option Strategy: Handling Directional Risk
While many strategies in options trading rely on a perfectly symmetrical setup, the broken wing butterfly option strategy introduces a degree of asymmetry to…
jade lizard vs iron condor comparison
Jade Lizard Options Strategy Explained (Real Examples)
If you’re looking for a relatively little-known strategy to benefit in a neutral to bullish market, the Jade Lizard options strategy might be your…
comparing option moneyness and delta
Option Moneyness: A Simple (Yet Crucial) Concept in Options Trading
When you hear talk about in-the-money or out-of-the-money options, it’s the concept of option moneyness at play. This simple yet vital concept in options…
reasons to roll an option
Rolling Options 101: What You Need to Get Started
Sometimes you want to gain a little bit more flexibility in your options trading strategy. That’s where rolling options come into play. This is…
diagonal spread stock
Including Diagonal Spreads for Income in Your Options Trading Toolkit
Among the many types of option spreads that can improve your trading routine, diagonal spreads for income are something you should check out. This…
comparing bearish option strategies
Bearish Option Strategies: How to Profit when Stocks Fall
When markets go down, bearish option strategies can be a great idea to balance your portfolio. These strategies, which may involve buying put options…