Strategy library

Eight ways to slice the same 52 strategies. Every table on these pages is generated from the strategy data itself, so a number here can never contradict the number on the strategy's own page.

Strategy Cheat Sheet

The strategy cheat sheet lists all 52 StrategyGyan strategies in one table, showing each one's family, outlook, defined or undefined risk, debit or credit…

Reference

Strategy Matrix

The strategy matrix shows every strategy's delta, gamma, theta and vega as a computed plus, minus or near-zero sign, derived by the site's Black–Scholes e…

Reference

Strategy Decision Tree

The strategy decision tree narrows the field by three ordered questions — is your view directional, neutral or volatile; is implied volatility high or low…

Reference

By Market Direction

Strategies by market direction groups every structure under the view it expresses — bullish, bearish, neutral, volatile or direction-agnostic. It separate…

Reference

By Volatility Regime

Strategies by volatility regime groups structures under low IV, high IV, rising IV, falling IV, or any regime. Buyers favour cheap options in low IV, sell…

Reference

By Time Horizon

Strategies by time horizon groups structures under intraday, days, weeks, months or any horizon. The horizon matters because it decides which Greek domina…

Reference

By Risk Appetite

Strategies by risk appetite split into defined risk, where the position's own structure caps the loss, and undefined risk, where only the underlying reach…

Reference

By Capital Requirement

Strategies by capital requirement groups structures under low, moderate, high, very high or varies, by the margin or premium they tie up. The central caut…

Reference