Playbook: Spreads: the Dual Bear Spread (Delta Buster)
Dual Bear Spread (Delta Buster) The delta buster combines an inexpensive ATM long bear put spread , typically 10-point/$10 wide, with an expensive OTM short bear call spread that results …
Capital gain strategy
Playbook: Spreads: the Bear Put
Bear Put The bear put is a vertical debit spread (you will have to pay for it). It is a long put ‘protected’ on the upside by a short put. …
Playbook: Spreads: the Bull Call
Bull Call The bull call is a vertical debit spread (you will have to pay for it). It is a long call ‘protected’ on the downside by a short call. …
Playbook: Basis: the Long Put
Long Put The long put is the opposite of the long call. A put is an option to sell. The seller has the obligation to take the other side (sell …
Playbook: Asset-Based: the Covered Call
Covered Call This is one of the most used income strategies and is highly effective when done on a regular (monthly) basis. Covered call = own/buy (long) underlying + sell …
Playbook: Basis: the Long Call
Long Call The long call is the most basic of all options strategies, the most well-known and best understood. The long call is the opposite of the long put. A …