- Single Option Positions
- With Underlying
- Straddles
- Strangles
- Butterflies
- Condors
- Vertical Spreads
- Calendar Spreads
- Diagonal Spreads
- Ratio Spreads
- Ladders
- Box Spreads
- Synthetics
Single Option Positions
- Long Call
- Long Put
- Short Call
- Short Put
- Call, Put, Long, Short, Bull, Bear: Terminology of Option Positions
- Long Call vs. Short Put Differences and When to Trade Which
With Underlying
Straddles
Strangles
Butterflies
- Long Call Butterfly
- Long Put Butterfly
- Iron Butterfly
- Short Call Butterfly
- Short Put Butterfly
- Reverse Iron Butterfly
Condors
Vertical Spreads
Calendar Spreads
- Long Calendar Call Spread
- Long Calendar Put Spread
- Short Calendar Call Spread
- Short Calendar Put Spread
- Double Calendar Spread
Diagonal Spreads
- Long Diagonal Call Spread
- Long Diagonal Put Spread
- Short Diagonal Call Spread
- Short Diagonal Put Spread
- Double Diagonal Spread
Ratio Spreads
Ladders
Box Spreads
Synthetics
- Long Call Synthetic Straddle
- Long Call Synthetic Strangle
- Long Combo
- Long Put Synthetic Straddle
- Long Put Synthetic Strangle
- Short Call Synthetic Straddle
- Short Call Synthetic Strangle
- Short Combo
- Short Put Synthetic Straddle
- Short Put Synthetic Strangle
- Synthetic Covered Call
- Synthetic Covered Put
- Synthetic Covered Strangle
- Synthetic Long Call
- Synthetic Long Put
- Synthetic Long Stock
- Synthetic Short Call
- Synthetic Short Put
- Synthetic Short Stock