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What strategies we support?
We support over 25 strategies and we are adding more. If something is missing don't be afraid to contact us.
Covered calls
Also known as: Buy write
How to build: Buy 100 shares at and sell 1 call (default is bid price)
Naked puts
Also known as: Cash secured puts, sell puts, puts selling.
How to build: Sell 1 put (default is bid price)
Naked calls
Also known as: Sell calls
How to build: sell 1 call (default is bid price)
Long calls
Also known as: Buy calls, Bull calls, call as stock replacement.
How to build: Buy 1 call (default is ask price)
How to build: Buy 1 call (default is ask price)
Long puts
Also known as: Buy puts, bear puts.
How to build: Buy 1 put (default is ask price)
How to build: Buy 1 put (default is ask price)
Married puts
Also known as: Protective puts.
How to build: Buy 100 shares and buy 1 put (default is ask price)
Married calls
Also known as: Protective calls.
How to build: Short 100 shares and buy 1 call (default is ask price)
Bull Put Spread
Also known as: Sell put vertical, OTM put vertical spreads
How to build: Sell put and buy put with a lower strike for same expiration(default is mid-price)
How to build: Sell put and buy put with a lower strike for same expiration(default is mid-price)
Bull Call Spread
Also known as: Buy call vertical spread
How to build: Buy call and sell call with a higher strike for same expiration (default is mid-price)
How to build: Buy call and sell call with a higher strike for same expiration (default is mid-price)
Bear Put Spread
Also known as: Buy put vertical spread
How to build: Buy put and sell put with a lower strike for same expiration (default is mid-price)
How to build: Buy put and sell put with a lower strike for same expiration (default is mid-price)
Bear Call Spread
Also known as: Sell call vertical spread
How to build: Sell call and buy call with a higher strike for same expiration (default is mid-price)
How to build: Sell call and buy call with a higher strike for same expiration (default is mid-price)
Iron Condor:
Also known as: Sell Iron condor
How to build: (4 legs, a combination of bull put spread+bear call spread) Buy put and sell put with a higher strike. Sell Call and buy a call with a higher strike. (default is mid)
How to build: (4 legs, a combination of bull put spread+bear call spread) Buy put and sell put with a higher strike. Sell Call and buy a call with a higher strike. (default is mid)
Read the article here.
Long straddle
Also known as: Buy straddle
How to build: Buy a call and a put for the same strike and same expiration (default is mid)
How to build: Buy a call and a put for the same strike and same expiration (default is mid)
Short Straddle
Also known as: Sell Straddle
How to build: Short a call and a put for the same strike and same expiration (default is mid)
How to build: Short a call and a put for the same strike and same expiration (default is mid)
Long Strangle
Also known as: Buy Strangle
How to build: Buy a put and a call OTM for same expiration (default is mid)
How to build: Buy a put and a call OTM for same expiration (default is mid)
Short Strangle
Also known as: Sell strangle
How to build: Sell a put and a call OTM for the same expiration (default is mid)
How to build: Sell a put and a call OTM for the same expiration (default is mid)
Long Call Calendar
Also Known as: Buy call calendar
How to build: Sell call for closer expiration, buy call at the same strike but further expiration date.
Read the knowledge base article here.
Long Put Calendar
Also Known as: Buy put calendar
How to build: Sell put for closer expiration, buy put at the same strike but further expiration date.
How to build: Sell put for closer expiration, buy put at the same strike but further expiration date.
Read the knowledge base article here.
Long Call Diagonal
Also Known as: Buy Call Diagonal
How to build: Sell call for closer expiration, buy a call at the further expiration date. Strikes can be different, depends on market outlook.
How to build: Sell call for closer expiration, buy a call at the further expiration date. Strikes can be different, depends on market outlook.
Read the knowledge base article here.
Long Put Diagonal
Also Known as: Buy put Diagonal
How to build: Sell put for closer expiration, buy a put at the further expiration date. Strikes can be different, depends on market outlook.
How to build: Sell put for closer expiration, buy a put at the further expiration date. Strikes can be different, depends on market outlook.
Read the knowledge base article here.
Butterfly - Iron Butterfly
Also Known as: Butterfly, Call butterfly, Put butterfly.
How to build: The strategy has a similar profit/loss profile but can be built from different options.
Iron Butterfly: Sell a put spread and call spread for the same expiration where the short strikes are the same.
Call Butterfly: Buy one OTM call, sell two further calls and buy another call with a higher strike. All at the same expiration.
Put Butterfly: Buy one OTM put, sell two further puts and buy another put with a lower strike. All at the same expiration.
Collar
How to build: Buy 100 shares, sell 1 call option for premium and buy 1 protective put below the call strike.
Call Ratio Spread (New)
Also known as: Back/Front spread, Call Ratio Write, Ratio Vertical Spread
How to build: Buy call options and sell multiple calls with a higher strike for the same expiration (You can control the ratio, but the number of sold calls has to be greater than the number of bought calls).
How to build: Buy call options and sell multiple calls with a higher strike for the same expiration (You can control the ratio, but the number of sold calls has to be greater than the number of bought calls).
Put Ratio Spread (New)
Also known as: Back/Front spread, Put Ratio Write, Ratio Vertical Spread
How to build: Buy put options and sell multiple puts with a lower strike for the same expiration (You can control the ratio, but the number of sold puts has to be greater than the number of bought puts).
How to build: Buy put options and sell multiple puts with a lower strike for the same expiration (You can control the ratio, but the number of sold puts has to be greater than the number of bought puts).
FROGED