Watch on YouTube

Mike Martin

29 Core Options Trading Strategies For Beginners

Last updated on May 9th, 2022 , 05:30 am

Jump To

Options are incredibly versatile investment products. Calls and puts can be combined in innumerable ways to create custom-tailored options trading strategies.

These strategies can be designed to profit in bearish, bullish, or even neutral markets. 

In this article, projectfinace has compiled a list of 29 core options trading strategies for beginners. To learn more about a particular option strategy, simply click on the image. 

Bullish Options Strategies

Long Call Option

Long Call Strategy

Bull Call Spread

Bull Put Spread Strategy

Short Put Option

Cash-Secured Put

Covered Call

covered call options strategy

Bull Put Spread

Bull Put Spread Strategy

Cash Secured Put

Cash-Secured Put

Collar Spread

collar options spread

Covered Strangle

Covered Strangle Options Strategy

Synthetic Long Stock

Poor Man's Covered Call

The Wheel Strategy

The Wheel Options Strategy Explained

Protective Put

Protective Put Options

Long Call Ladder

long bull call ladder options

The Best Brokerage for Traders

We’ve been trading with tastyworks for years, benefiting from their trader-friendly fees:

  • Free Stock Trading
  • $10 Commission-Cap Per Option Leg
  • Close Trades for Free*
  • $10 Max Fee Per Crypto Order

Use the link below to check out the tastyworks $100 to $2,000 signup bonus offer.

Get Your $100 - $2,000 Bonus

* Applicable exchange, clearing, and regulatory fees still apply to all opening and closing trades except for cryptocurrency orders which are not subject to exchange, clearing, and regulatory fees.

Bearish Options Strategies

Long Put Option

Long Put Option

Bear Call Spread

bear call spread strategy

Short Call Option

short call option strategy

Bear Put Spread

Bear Put Spread Strategy

Covered Put Write

covered put writing

Synthetic Short Stock

synthetic short stock

Neutral Options Strategies

Short Iron Condor

Short Iron Condor

Long Iron Condor

Long Iron Condor

Short Straddle

Long Straddle

long straddle

Short Strangle

Short Strangle Options Strategy

Long Strangle

Short Iron Butterfly

Long Iron Butterfly

Long Butterfly Spread

Long Butterfly Spread

Long Call Calendar

projectfinance Options Tutorials

Mike Martin

Mike was a writer for projectfinance. He has spent over 15 years in the finance industry, working for such companies as thinkorswim, TD Ameritrade and Charles Schwab. His work has appeared in the Financial Times, the Chicago Sun-Times, and The Buffalo News.

Share this post

Leave a Reply

Your email address will not be published.

Quick Links
Other Links

© 2022 projectfinance, All Rights Reserved.

Disclaimer: Neither projectfinance or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. projectfinance does not provide investment or financial advice or make investment recommendations. projectfinance is not in the business of transacting trades, nor does projectfinance agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment. Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results.

tastyworks, Inc. (“tastyworks”) has entered into a Marketing Agreement with projectfinance (“Marketing Agent”) whereby tastyworks pays compensation to projectfinance to recommend tastyworks’ brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of projectfinance by tastyworks and/or any of its affiliated companies. Neither tastyworks nor any of its affiliated companies are responsible for the privacy practices of projectfinance or this website. tastyworks does not warrant the accuracy or content of the products or services offered by projectfinance or this website. projectfinance is independent and is not an affiliate of tastyworks.