Module 06 · 4 chapters

Combining option positions

A single option takes one view and leaves every other risk open. A combination is two or more contracts used so that one risk is reduced and another is accepted on purpose. This chapter is about that trade-off, before any named strategy.

1. 01Why one contract is not always enough→
2. 02Owning shares and selling a call→
3. 03A put bought against a holding→
4. 04Spreads and a defined loss→