Elevate Your Trading with the Strategy Creation Feature

Navigate through the vibrant and volatile terrains of stock trading with enhanced strategic clarity, empowered by our advanced 

. Designed to cater to both novice traders and seasoned investors, this feature meticulously intertwines ease of use with profound analytical depth, crafting a platform where strategies are not just developed but meticulously sculpted and analytically validated.

Begin your strategy creation with an informed step, identifying the potential direction of the underlying stock. Get guided by our inbuilt AI tool to identify the short-term direction of the stock.

Choose from a wide range of pre-built strategies, crafted based on varied market scenarios, trading styles, and risk appetites for all the market directions - Bullish, Bearish, and Sideways.

Customization and Personal Strategy Creation:

Modify pre-built strategies or create your own from scratch, save it as your personal strategy, and apply it anytime and on any instrument, our engine would select appropriate strikes and expiries ensuring your trading approach is uniquely tailored to align with your needs and perspectives.

Visualize the Pay-off Chart, delve into the Greeks, explore Investment options, and understand Margin Benefits to analytically comprehend your strategic standing.

Break-Even Points and Probability of Profits Analysis:

Evaluate the feasibility of your strategies with a detailed analysis of break-even points and calculate the probability of profits, ensuring you’re always in tune with potential outcomes.

Simultaneously analyze and compare multiple strategies which helps in selecting the optimal strategy based on your expected market movement ensuring that your chosen path is validated against various strategic alternatives.

The transition from strategy creation to execution effortlessly ensures that strategic insights are translated into tangible actions without delay.

Step into a realm where strategy creation is an elegant fusion of intuition, analytical rigor, and strategic diversity with our 

. Navigate through the possibilities, explore varied strategic pathways, and engage in trading that’s not merely transactional but is a profound expression of your market understanding, strategic aptitude, and financial aspirations.

Immerse yourself in a strategic experience that guides, validates, and empowers every step of your trading journey, crafting a pathway where every move is not just made but is strategically orchestrated and analytically fortified.

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Strategy Creation

Unraveling the Elegance of Strategic Analysis with the Positions Analytics

Elevate your trading experience to an echelon of strategic mastery with the 

. This tool is ingeniously designed to bring a myriad of comprehensive analytics, encapsulating an analytical universe where every position, every strategy, and every potential outcome is not merely observed but thoroughly understood.

Dive into a detailed analysis of positions based on underlying stocks, giving you nuanced insights into the stock’s performance, potential, and influence on your options positions.

Automated Hedging Strategy Classification:

The tool intuitively classifies your positions based on hedging strategies, providing clarity and an organized overview to manage your positions efficiently.

Customize the position based on your strategies and get insights into its potential profits, probable losses, Greeks analysis, and net premium decay available.

Visualize potential outcomes with the pay-off chart, offering a graphical representation of your potential earnings against varied price levels of the underlying asset.

Gain a precise understanding of the financial implications of your positions through detailed potential profit and loss analytics.

Navigate through the intricacies of time decay with premium decay analysis, enabling you to strategize keeping in mind the erosive effect of time on option premiums.

 is not just a technological advancement; it’s a transformative experience in options trading. By offering a wealth of analytics and strategic insights, it ensures that traders can navigate through the multifaceted world of options trading with confidence, clarity, and a robust strategic foundation.

Embark on a journey where every position is analytically explored, every strategy is optimized, and every decision is informed. With the Positions Analytics Tool, illuminate your trading pathway with the brilliance of comprehensive analytics, ensuring that every step taken is strategically sound and analytically validated.

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Position Analytics - Options Trading

Navigating the Markets with the Options Chain

Harness the power of real-time data and advanced analytics with the 

, an innovative, robust platform designed to streamline your options trading journey. With a myriad of features such as live market feeds, liquidity indicators, access to option Greeks, and a graphical representation of option chains, it unfolds a world where trading opportunities are not just identified but also optimally leveraged.

Stay ahead with real-time market data, ensuring you have the most recent tick data with relevant information to make your trading decisions.

Navigate with confidence through the options market using liquidity index (LIX) indicators, providing insights into the market depth and assisting in identifying optimal strikes to reduce liquidity risk.

Enhance your predictive accuracy by monitoring the Greeks (Delta, Gamma, Theta, and Vega) to understand the sensitivity and exposure of your options positions.

Visually navigate through the options market with a graphical representation of the option chain, simplifying data interpretation and facilitating swift decision-making.

Implement your trading strategies with ease and precision by executing orders directly through the tool, ensuring that opportunities are not lost in the transition between analysis and action.

Utilize Open Interest movement data to identify, assess, and capitalize on emerging trading opportunities in the live market.

Experience an intuitive, user-friendly interface that ensures all features and data are accessible and interpretable, regardless of your trading expertise.

In the fast-paced realm of options trading, the 

 emerges as an indispensable ally, curating a seamless and insightful trading experience. With its real-time data, analytical prowess, and seamless execution capabilities, it doesn’t just simplify trading but transforms it into a strategically sound and informed process. Navigate through the intricacies of the options market, spot and capitalize on opportunities, and sculpt a trading journey that is not just profitable but also profoundly informed and strategically adept.

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Options Chain

Embark on a nuanced journey through the intricate world of options trading with the 

. Designed with precision and a focus on enhancing trader strategy, this tool effortlessly integrates the analysis of price movements, its impact on the Greeks, and the identification of trading patterns into a single, streamlined experience.

Navigate through the tides of price movements with an exhaustive analysis, enabling traders to dissect and understand the myriad factors influencing price dynamics.

Receive real-time data on how price shifts impact the IV, Greeks - Delta, Theta, Vega, and Gamma, aiding traders in managing risk and strategy optimization.

Employ advanced algorithms to identify and predict potential price patterns, delivering a strategic advantage in formulating tactical trading decisions.

Examine various strike prices concurrently, providing a holistic view and enabling the identification of optimal strike prices for trade execution.

Dive into historical data with the tool’s expansive database, offering insights into past price movements, Greek values, and pattern formations.

Enjoy a seamless user experience with interactive charts and visual aids, facilitating easier comprehension and analysis of complex data.

Tailor your analysis by customizing parameters, enabling a personalized and focused analytical approach in line with individual trading styles and goals.

 is not merely a tool but a comprehensive ally in the realm of options trading. It goes beyond providing data, offering actionable insights, and a profound understanding of market mechanics, thereby placing traders a step ahead in their trading journey. By elucidating patterns, reflecting the past, and presenting a real-time analysis of price movements and the Greeks, the tool manifests as an essential component in a trader’s arsenal, curating a pathway toward informed, strategic, and successful trading.

Multi Strike Chart

The Open Interest Analysis is a revolutionary tool designed to empower traders by providing extensive insights into current and historical open interest buildups in the options and futures market. It is crafted to aid users in recognizing critical market levels, including support and resistance, enabling them to make informed trading decisions and refine their trading strategies.

The tool offers real-time analysis of open interest buildups, allowing users to assess the prevailing market sentiment and adjust their positions accordingly.

Users can access a rich repository of historical open interest data, enabling them to identify patterns, trends, and anomalies over different time frames, fostering a deeper understanding of market dynamics.

The tool excels in identifying potential support and resistance levels based on open interest buildups, which is crucial for predicting price movements and planning entry and exit points.

With its intuitive and clean interface, users can effortlessly navigate through the tool and access the required information and analyses promptly.

The tool allows users to modify parameters to suit their analytical needs, providing a tailored experience and more accurate insights related to open interest.

It employs graphical representations like charts and graphs for a better understanding of open interest data, enabling users to interpret complex information easily.

By analyzing open interest buildups and recognizing support and resistance levels, traders can develop and optimize their trading strategies to enhance profitability and mitigate risks.

The amalgamation of current and historical open interest data enables users to make well-informed trading decisions based on comprehensive market analysis.

Understanding open interest helps in deciphering whether money is flowing into or out of contracts and aids in determining bullish or bearish market sentiment.

Identifying critical market levels and trends through the tool aids in better risk management by allowing users to set more accurate stop-loss and take-profit levels.

The Open Interest Analysis Tool is a versatile and indispensable asset for traders and investors seeking to enhance their market knowledge and trading acumen. It stands as a beacon for those aspiring to navigate the complexities of open interest in the options and futures market, facilitating strategic trading, risk mitigation, and informed decision-making. By leveraging this tool, users can unlock a new dimension of market analysis, refining their approach to trading and positioning themselves adeptly in the ever-evolving financial markets.

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Open Interest

The Straddle Premium Tool is an advanced analytical tool designed for options traders looking to capitalize on strategies involving high premium over price and high return on capital. It is highly instrumental for those implementing straddle strategies, where both call and put options are bought simultaneously.

The tool identifies stocks that demand high premiums over the price, enabling traders to pinpoint potential trading opportunities where they could achieve significant returns.

It calculates the return on capital efficiently, allowing traders to assess the profitability of entering into straddle positions on specific stocks.

The tool provides insights into the probability of making a profit from the straddle positions, helping traders to make well-informed decisions.

It gauges the intrinsic volatility of stocks, facilitating traders to understand the inherent risk and potential price movements in the underlying assets.

Traders can easily navigate through the functionalities of the tool, making it possible to extract valuable information efficiently and formulate strategies promptly.

This tool serves as a comprehensive solution for options traders, especially those focusing on straddle strategies, by offering a blend of actionable insights and analytical depth. By leveraging this tool, traders can identify lucrative opportunities, assess the risk and return landscape, and optimize their trading strategies based on high premiums, intrinsic volatility, and the probability of profits.

The tool is beneficial for both novice and seasoned options traders looking to leverage straddle strategies for maximizing gains while also being able to quantify and manage the associated risks effectively.

The Straddle Premium Tool stands out as a sophisticated solution, offering a nuanced approach to identifying stocks and assessing the potential of straddle strategies in options trading. Its ability to deliver insights on high premiums over price, returns on capital, the probability of profits, and intrinsic volatility makes it an invaluable asset for traders aspiring to enhance their trading acumen and profitability in the options market.

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Straddle Premium

An iron condor is an options trading strategy designed to profit from low volatility in the underlying asset, such as the Nifty in this case. It involves combining two credit spreads: a bullish put credit spread and a bearish call credit spread. This strategy aims to generate income by selling out-of-the-money (OTM) put and call options while defining the maximum potential loss.

Here's how to construct an iron condor on the Nifty with the Nifty index at 20,000:

You will choose four strike prices, typically equidistant from the current Nifty index level. Let's use 

Sell an OTM Nifty put option with a strike price of ₹19,600 (bearish put credit spread).

Buy an even lower strike Nifty put option with a strike price of ₹19,250 (to limit potential losses on the put side).

Sell an OTM Nifty call option with a strike price of ₹20,400 (bearish call credit spread).

Buy an even higher strike Nifty call option with a strike price of ₹20,750 (to limit potential losses on the call side).

Ensure that all four options (two short and two long) have the same expiration date, typically one month from the trade date.

Calculate the net premium you receive for the iron condor by subtracting the total premiums paid for the long options from the total premiums received for the short options. 

Net premium earned =  - 3.45 (19250 Put Buy) + 6.7 (19600 Put Sell) - 2.3 (20750 Call Buy) + 2.9 (20400 Call Sell) = ₹3.85

The maximum profit is limited to the net premium received. It occurs if the Nifty index closes between the two short strikes (19,600 and 20,400) at expiration.

The maximum loss is capped and occurs if the Nifty index moves significantly beyond the long strike on either side. The loss is limited to the width of the spreads minus the net premium received.

The upper breakeven point is the short call strike (20,400) plus the net premium received.  = ₹20403.85

The lower breakeven point is the short put strike (19,600) minus the net premium received. = ₹19596.15

Keep in mind that options prices and market conditions can change, so it's crucial to analyze specific options available and their premiums at the time of your trade. Additionally, always practice proper risk management and consider consulting with a financial advisor or options expert before implementing complex options strategies.

Iron Condor

An iron butterfly is an options trading strategy that combines elements of both a short straddle and a long strangle. It is used when an options trader expects very low volatility in the price of the underlying asset but still wants to profit from small price movements. This strategy is designed to generate income from the time decay of options while minimizing risk.

Here's how to construct an iron butterfly:

For an iron butterfly, you will typically choose strike prices that are equidistant from the current index level. In this case, we'll choose the following strike prices:

Sell an at-the-money (ATM) Nifty call option with a strike price of ₹20,000.

Sell an ATM Nifty put option with a strike price of ₹20,000.

Buy an out-of-the-money (OTM) Nifty call option with a higher strike price (e.g., ₹20,400).

Buy an OTM Nifty put option with a lower strike price (e.g., ₹19,600).

Calculate the net premium you pay or receive for this iron butterfly position by subtracting the premiums of the long call and put options from the total premiums received from selling the ATM call and put options.

Net Premium Earned = (₹20000 Call sold) + (₹19600 Put Sold) = ₹64.5 - ₹69.85= ₹134.35

Net Premium Paid = (₹20000 Put sold) + (₹19600 Put Bought) = ₹2.9 + ₹6.7 = ₹9.6

The maximum profit occurs if the Nifty index settles exactly at the ATM strike price of ₹20,000 at expiration. Your profit is the net premium received. (₹ 124.75)

The maximum loss is limited and occurs if the Nifty makes a significant move away from the ATM strike in either direction. The loss is capped at the net premium paid.

The upper breakeven point is the ATM call strike (₹20,000) plus the net premium. = ₹20000 + 124.75  = ₹20124.75 

The lower breakeven point is the ATM put strike (₹20,000) minus the net premium. = ₹20000 - 124.75 = ₹19875.25

Please note that options prices and market conditions change continuously, so it's important to analyze the specific options available and their premiums at the time of your trade. Always practice proper risk management and consider consulting with a financial advisor or options expert before implementing complex options strategies.

Iron Butterfly

A short strangle is an options trading strategy where an investor sells an out-of-the-money (OTM) call option and an out-of-the-money put option on the same underlying asset simultaneously. The call and put options have different strike prices, but both options typically have the same expiration date. This strategy is employed when the trader expects the underlying asset to experience low volatility and remain within a specific price range.

Let's explore a short strangle strategy with an example:

Suppose you're an options trader who believes that NIFTY, currently trading at ₹20000 per share, will remain relatively stable within a certain price range in the next month. You decide to implement a short strangle strategy with the following details:

You sell an out-of-the-money (OTM) call option with a strike price of ₹20400.

The call option premium you receive is ₹3.25 per lot.

You sell an out-of-the-money (OTM) put option with a strike price of ₹19600.

The put option premium you receive is ₹5.9 per lot.

Now, let's examine the potential outcomes of this short strangle:

 The maximum profit occurs if NIFTY remains within the range of ₹20400 (the call strike price) and ₹20000 (the put strike price) at the time of expiration. In this scenario, both the call and put options expire worthless, and you keep the entire ₹9.15 per share in premiums (₹3.25 from the call and ₹5.9 from the put) as your profit.

 The maximum loss is theoretically unlimited on the upside and limited on the downside. If the stock price makes a significant move in either direction outside of the ₹19600 to ₹20400 range, you will start incurring losses. For example, if the stock price rises above ₹20403.25 or falls below $41, your losses would begin to accumulate.

Upper Breakeven: ₹20400 (call strike price) + ₹3.25 (total premiums received) = ₹20403.25 per lot

Lower Breakeven: ₹19600 (put strike price) - $5.9 (total premiums received) = ₹19594.1 per lot

In this example, your short strangle would start incurring losses if NIFTY price moves above ₹20403.25 or falls below ₹19594.1 per lot. As long as the stock price remains within this range, you would profit from the premiums collected. However, significant price movements outside of this range could result in losses.

It's crucial to monitor the position and consider implementing risk management strategies, such as stop-loss orders or adjusting the position, to limit potential losses, especially in volatile markets. Short strangle strategies are used when traders anticipate low volatility and aim to profit from the time decay of the options' premiums.

Short Strangle

A short straddle is an options trading strategy that involves simultaneously selling both a call option and a put option with the same strike price and expiration date on the same underlying asset. This strategy is used when the trader expects the underlying asset to have low volatility and remain relatively stable in price until the options expire.

Choose an underlying asset that you believe will have minimal price movement or remain range-bound over the duration of the options' life.

Sell a call option: By selling a call option, you are obligating yourself to sell the underlying asset at the strike price if the option buyer decides to exercise it.

Sell a put option: By selling a put option, you are obligating yourself to buy the underlying asset at the strike price if the option buyer decides to exercise it.

Ensure that both the call and put options have the same strike price and expiration date. This creates a symmetrical position.

You receive premiums (fees) from both the call and put option buyers when you sell these options. This premium income is your initial profit.

The potential outcomes of a short straddle strategy are as follows:

 The maximum profit is achieved when the price of the underlying asset remains exactly at the strike price at expiration. In this case, both the call and put options expire worthless, and you keep the full premiums collected from selling the options.

 The maximum loss is theoretically unlimited on the upside and limited on the downside. If the price of the underlying asset makes a significant move in either direction away from the strike price, you will start incurring losses. The loss is capped at the strike price plus or minus the total premiums received for the short straddle, depending on the direction of the price movement.

Upper Breakeven: The strike price plus the total premiums received.

Lower Breakeven: The strike price minus the total premiums received.

The short straddle strategy can generate income for traders in a low-volatility environment. However, it involves a high level of risk, as significant price movements in the underlying asset can lead to substantial losses. Traders who use this strategy should closely monitor their positions and have a plan in place to manage potential losses, such as implementing stop-loss orders or rolling the options to adjust the position. Additionally, it's crucial to be aware of the potential for unlimited losses on the upside.

Let's illustrate a short straddle with an example:

Suppose you are a trader who believes that NIFTY is currently trading at ₹20,000 and will remain relatively stable in the short term. You decide to implement a short straddle strategy by selling both a call option and a put option on NIFTY with the following details:

Current Stock Price (at the time of the trade): ₹20000

You sell a call option with a strike price of ₹20000.

The call option premium you receive is ₹82 per lot.

You sell a put option with the same strike price of ₹20000.

The put option premium you receive is ₹56 per lot.

You receive a premium of ₹82 per lot for selling the call option and another ₹56 per lot for selling the put option.

In total, you collect ₹138 per lot in premiums .

Now, let's examine the potential outcomes of this short straddle:

 The maximum profit occurs if NIFTY price remains exactly at ₹20000 at the time of expiration. In this case, both the call and put options expire worthless, and you keep the entire ₹138 per share in premiums as your profit.

 The maximum loss is theoretically unlimited on the upside and limited on the downside. If NIFTY makes a significant move in either direction away from ₹20000, you will start incurring losses. For example, if the stock price rises to ₹20050 per share, you would lose ₹50 per lot (₹20050 - ₹20000), and your losses would continue to increase as the stock price goes higher.

Upper Breakeven: ₹20000 (strike price) + ₹138 (total premiums received) = ₹20138 per lot

Lower Breakeven: ₹20000 (strike price) - ₹138 (total premiums received) = ₹19862 per lot

So, in this example, your short straddle would start incurring losses if NIFTY moves above ₹20138 or below ₹19862 per lot. 

If the stock price remains within this range, you would profit from the premiums collected, but significant price movements outside of this range could result in losses.

It's essential to monitor the position and consider implementing risk management strategies, such as stop-loss orders or adjusting the position, to limit potential losses, especially in volatile markets. Short straddle strategies are not suitable for all market conditions and require careful risk management.

Short Straddle

The Put Ratio Backspread is an advanced options trading strategy designed for traders who anticipate a significant downward move in the price of an underlying asset. This strategy combines the sale and purchase of put options in a specific ratio, typically selling one put option and buying two (or more) put options with a lower strike price.

 The trader sells a put option at a specific strike price.

2.

 The trader buys more than one put option (commonly two) at a lower strike price. Both options share the same expiration date.



 Unlimited on the downside. The profit increases as the underlying asset's price declines.

- 

 Limited to the difference between the premiums received and paid. This loss occurs if the underlying closes at the strike price of the purchased put options.



 The strategy can provide substantial profits if the underlying asset experiences a significant decrease.

- 

 Achieved when the underlying asset price equals the higher strike price minus the net cost of the spread.



 If the underlying asset declines moderately, settling between the two strike prices, it can result in a maximum loss.

- 

 This strategy is more intricate than basic options plays and might be daunting for novices.





Suppose NIFTY is trading at ₹20000:

1. Sell 1 ₹20100 put option for a premium of ₹123.
2. Buy 2 ₹19900 put options at a premium of ₹34.25 each.

Net credit: ₹54.25 (Total premium received - Total premium paid)

Breakeven: ₹19573-₹20039

If NIFTY drops significantly below ₹19753, the profit potential is unlimited. If NIFTY remains above ₹20039 or declines slightly, the options expire worthless, resulting in limited profit. However, if NIFTY closes between ₹19753 and ₹20039 at expiration, the trader faces the maximum loss. (difference between the strikes minus/plus credit received/paid)


In summary, the Put Ratio Backspread is tailored for the bearish trader expecting a sharp downward move. While it offers unlimited profit potential on the downside with a defined maximum risk, understanding its risk-return dynamics is crucial.

Put Ratio Backspread


A Bear Call Spread is a vertical spread options strategy designed for traders who believe the price of an underlying asset will decline. It's achieved by selling a call option and buying another call option with a higher strike price, both having the same expiration date.

 The trader sells a call option with a specific strike price.

2. 

 Simultaneously, the trader buys another call option at a higher strike price.



 Limited to the net premium received when initiating the spread. This profit is realized if the stock closes upon expiration at or below the strike price of the sold call.

- 

 Limited to the difference between the two strike prices minus the net premium received.



 By selling the lower strike call, the trader collects a premium, which can partially or entirely offset the cost of the higher strike call.

- 

 The maximum loss is capped, providing the trader with a clear risk profile.



 The maximum profit is limited to the net premium received.

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 If the asset's price rises significantly beyond the higher strike price, the strategy reaches its maximum loss.





Imagine stock NIFTY is currently trading at ₹100:

1. Sell a ₹20000 call option for a premium of ₹90.15.
2. Buy a ₹20250 call option for a premium of ₹13.25.

Net premium received: ₹76.90 (₹90.15 - ₹13.25).

If NIFTY remains below ₹20000 at expiration, the trader keeps the ₹76.90 premium as profit. If NIFTY rises above ₹20000, the maximum loss of ₹173.1 will be incurred (₹250 difference between strikes - ₹76.90 net premium).

In conclusion, a Bear Call Spread is a strategy used when a trader has a moderately bearish outlook on an asset. It offers a way to earn a premium with a clearly defined risk, while hoping for a decline or limited movement in the underlying asset.

Bear Call Spread

The Bear Put Spread is a vertical spread options strategy implemented when a trader believes the price of an underlying asset will decrease moderately. This strategy involves buying a put option while simultaneously selling another put option with a lower strike price, both having the same expiration date.

The trader buys a put option at a specific strike price.

2. 

Simultaneously, the trader sells another put option with a lower strike price.



Limited to the difference between the two strike prices minus the net premium paid.

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Limited to the net premium paid to establish the spread.



The strategy can generate profits if the underlying asset's price decreases.

- 

The premium received from the sold put helps offset the cost of the bought put, reducing the net outlay.

- 

 The potential maximum loss is predefined, offering a clear risk profile.



The profit potential is limited to the difference between the strike prices minus the net premium paid.

- 

If the underlying asset's price falls only slightly and lands between the two strike prices at expiration, the strategy could result in a loss.





Let's consider stock NIFTY currently trading at ₹20000:

1. Buy a ₹19900 put option for a premium of ₹30.25.
2. Sell a ₹19750 put option for a premium of ₹12.80.

Net premium paid: ₹17.45 (₹30.25 - ₹12.80).

If NIFTY declines and lands at ₹19750 or below at expiration, the maximum profit of ₹132.55 is realized (₹150 difference between strikes - ₹17.45 net premium). If NIFTY remains above ₹19750, the maximum loss of ₹17.45 (the net premium paid) is incurred.

In conclusion, a Bear Put Spread is a strategy employed when a trader has a moderately bearish expectation for an asset. It offers a method to potentially profit from a decline in the asset's price, with a clearly defined risk, at a reduced initial cost compared to buying a put outright.

Bear Put Spread

A long put is a basic options trading strategy where a trader purchases a put option, believing that the price of the underlying asset will decline before the option's expiration date. Buying a put option gives the trader the right, but not the obligation, to sell the underlying asset at the strike price until the expiration.

 The trader purchases a put option at a specific strike price, paying the required premium.



 The profit potential is substantial, with the upper limit being the strike price minus the premium paid (assuming the underlying asset could drop to $0).

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 Limited to the premium paid for the put option.



 Offers a way to benefit from a decrease in the price of the underlying asset.

- 

 The maximum possible loss is the premium paid, making it a defined risk strategy.

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 Allows a trader to potentially benefit from price declines without having to short the actual stock, often with less capital outlay.



Strategies simplified

neutral

Iron Condor

Iron Butterfly

Short Strangle

Short Straddle

bearish

Put Ratio Backspread

Bear Call Spread

Bear Put Spread

Long Put

Short Call

Long Call

bullish

Call Ratio Backspread

Bull Put Spread

Bull Call Spread

Short Put