Strategy Builder

Choose a preset strategy or build your own custom options strategy. Visualize P&L, analyze Greeks, and understand risk/reward profiles.

📈

Long Call

Bullish strategy with unlimited profit potential

Bullish
Max Profit:
Max Loss:Limited
Breakeven:1 point
1 leg
Build Strategy
📉

Long Put

Bearish strategy with substantial profit potential

Bearish
Max Profit:Limited
Max Loss:Limited
Breakeven:1 point
1 leg
Build Strategy
🐂

Bull Call Spread

Defined risk bullish strategy with lower cost

Bullish
Max Profit:Limited
Max Loss:Limited
Breakeven:1 point
2 legs
Build Strategy
🐻

Bear Put Spread

Defined risk bearish strategy with lower cost

Bearish
Max Profit:Limited
Max Loss:Limited
Breakeven:1 point
2 legs
Build Strategy
🦅

Iron Condor

Neutral strategy profiting from low volatility

Neutral
Max Profit:Limited
Max Loss:Limited
Breakeven:2 points
4 legs
Build Strategy
🦋

Iron Butterfly

High probability neutral strategy for range-bound markets

Neutral
Max Profit:Limited
Max Loss:Limited
Breakeven:2 points
4 legs
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Long Straddle

Profit from significant price movement in either direction

Volatile
Max Profit:
Max Loss:Limited
Breakeven:2 points
2 legs
Build Strategy
🎯

Long Strangle

Lower cost volatility strategy with wider profit range

Volatile
Max Profit:
Max Loss:Limited
Breakeven:2 points
2 legs
Build Strategy
🛡️

Covered Call

Generate income on stock holdings with limited upside

Neutral
Max Profit:Limited
Max Loss:
Breakeven:1 point
1 leg
Build Strategy
🛡️

Protective Put

Hedge long stock position against downside risk

Bearish
Max Profit:
Max Loss:Limited
Breakeven:1 point
1 leg
Build Strategy
🦋

Butterfly Spread

Low risk strategy for minimal price movement

Neutral
Max Profit:Limited
Max Loss:Limited
Breakeven:2 points
3 legs
Build Strategy
📅

Calendar Spread

Profit from time decay differences between expirations

Neutral
Max Profit:Limited
Max Loss:Limited
Breakeven:1 point
2 legs
Build Strategy
🔧

Custom Strategy

Build your own multi-leg options strategy

Directional
Max Profit:Limited
Max Loss:Limited
Breakeven:1 point
1 leg
Build Strategy