Options Strategy Builder
Create and analyze multi-leg options strategies with payoff diagrams
Strategy Settings
Configure your strategy parameters
Quick Presets:
No legs added yet
Add legs to build a strategy
Common Strategies
Bull Call Spread
Buy lower strike call, sell higher strike call. Limited risk and reward.
Use: Moderate bullish outlook with limited upside
Bear Put Spread
Sell lower strike put, buy higher strike put. Defined risk.
Use: Moderate bullish/neutral outlook, sell premium
Long Straddle
Buy call and put at same strike. Profit from big moves.
Use: Expect high volatility, uncertain direction
Iron Condor
Bull put spread + bear call spread. Profit from low volatility.
Use: Neutral outlook, sell premium in range