10 basic options strategies

Unlike most other markets, the options market continues to expand with Miami International Securities Exchange filing to become the 11th U.S. options exchange. For the uninitiated, though, getting started in options can be daunting.

To give you a head-start, here are 10 option strategies. These range from simple puts and calls to more complex strategies, such as condors and strangles.

Box
Call
Put
Spread
Butterfly
Condor
Straddle
Strangle
Ratio Spread
Ratio Backspread

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