Long Call

BullishUnlimited ProfitLimited LossBasic (1 leg)

Bull Call Spread

BullishLimited ProfitLimited LossIntermediate (2 leg)

Bull Put Spread

BullishLimited ProfitLimited LossIntermediate (2 leg)

Short Put

BullishLimited ProfitUnlimited LossAdvance (1 leg)

Long Put

BearishUnlimited ProfitLimited LossSimple (1 leg)

Bear Put Spread

BearishLimited ProfitLimited LossIntermediate (2 leg)

Bear Call Spread

BearishLimited ProfitLimited LossIntermediate (2 leg)

Short Call

BearishLimited ProfitUnlimited LossAdvance (1 leg)

Protective Put

BearishUnlimited ProfitLimited LossIntermediate (2 leg)

Straddle

DirectionalUnlimited ProfitLimited LossIntermediate (2 leg)

Strangle

DirectionalUnlimited ProfitLimited LossIntermediate (2 leg)

Inverse Iron Butterfly

DirectionalLimited ProfitLimited LossAdvance (4 leg)

Inverse Iron Condor

DirectionalLimited ProfitLimited LossAdvance (4 leg)

Conversion

NeutralLimited ProfitLimited LossIntermediate (3 leg)

Long Box

NeutralLimited ProfitLimited LossAdvance (4 leg)

Short Box

NeutralLimited ProfitLimited LossAdvance (4 leg)

Short Straddle

NeutralLimited ProfitUnlimited LossIntermediate (2 leg)

Short Strangle

NeutralLimited ProfitUnlimited LossIntermediate (2 leg)

Iron Condor

NeutralLimited ProfitLimited LossAdvance (4 leg)

Iron Butterfly

NeutralLimited ProfitLimited LossAdvance (4 leg)

Covered Call

IncomeLimited ProfitUnlimited LossIntermediate (2 leg)