Sharp Move Up or Down
All Strategies
Bullish Outlook
Bearish Outlook
Neutral Outlook
Hedge Stock
Acquire Stock
Produce Income
Implied Volatility Increase
Implied Volatility Decrease
Sharp Move Up or Down
Buying Index Calls & Puts
Long Condor
This strategy profits if the underlying stock is outside the outer wings at expiration.
Long Iron Butterfly
This strategy profits if the underlying stock is outside the wings of the iron butterfly at expiration.
Long Straddle
This strategy consists of buying a call option and a put option with the same strike price and expiration.
Long Strangle (Long Combination)
This strategy profits if the stock price moves sharply in either direction during the life of the option.