Options Strategy Finder

Already know your style? Jump straight to a calculator.

Filter the 16 strategy calculators by risk and what you're trying to do, then click through.

Risk

All Defined Undefined

View

AllIncomeBullishBearishNeutralBig moveProtection

Show all 16 calculators

Covered Call Undefined risk Cash-Secured Put Undefined risk The Wheel Undefined risk Rolling a Short Put Undefined risk Bull Put Spread Defined risk Call Spread (Bull / Bear) Defined risk Iron Condor Defined risk Iron Butterfly Defined risk Butterfly Spread Defined risk Calendar Spread Defined risk Diagonal Spread Defined risk Poor Man's Covered Call Defined risk Long Call / Long Put Defined risk Straddle / Strangle Defined risk Protective Put Defined risk Collar Defined risk

No strategies match those filters.

1. How much options experience do you have?

New to options Some experience Experienced

2. What are you mainly trying to do?

Earn income on shares I already own Get paid while waiting to buy a stock Earn income in a flat or range-bound market Make a leveraged bullish bet with capped risk

3. How do you feel about being assigned shares?

Happy to own (or sell) the shares I'd rather not be assigned

4. Which risk style fits you?

Defined risk — cap my maximum loss I'll take undefined risk for more premium

Your match

Profile: — Risk category: —

A starting point, not advice. Whatever you pick, check whether premium is rich first with the IV Rank Calculator.