What type of options strategies can I trade?

Q: What type of options strategies can I trade?

A: At TradeFundrr, we offer a wide range of supported options and strategies for traders to explore. You can trade the following options strategies:

1. Calls: A call option gives you the right, but not the obligation, to buy the underlying asset at a predetermined price (strike price) within a specific time frame.

2. Puts: A put option gives you the right, but not the obligation, to sell the underlying asset at a predetermined price (strike price) within a specific time frame.

3. Vertical Spreads: Vertical spreads involve buying and selling options of the same type (both calls or both puts) but with different strike prices. Examples include bull call spreads and bear put spreads.

4. Horizontal Spreads: Horizontal spreads involve buying and selling options of the same strike price but with different expiration dates. Examples include calendar spreads.

5. Butterflies: Butterfly spreads involve three strike prices and are constructed using calls or puts. Examples include long-call butterflies and short-put butterflies.

6. Condors: Condors are similar to butterflies but involve four-strike prices. Examples include iron condors.

7. Straddles: Straddles involve buying both a call and a put option with the same strike price and expiration date.

8. Strangles: Strangles involve buying both a call and a put option but with different strike prices and expiration dates.