Strategy library

The plays, explained.

Each strategy comes with a plain-English write-up and a live payoff chart you can tweak. Start with the bullish basics and work outward.

Long Call

Pay a premium for unlimited upside.

Profit from a fall, with capped risk.

Earn income on shares you already own.

Get paid to wait for a lower entry.

Cheaper bullish bet with a profit cap.

Defined-risk way to profit from a drop.

Collect premium — but with uncapped risk.

Profit from a large move — direction doesn't matter.

A cheaper straddle that needs a bigger move.

Own the stock, cap the downside.

Cheap downside protection — by capping the upside.