Option Trading Strategies

4 marks (3%)~6 hours study13 sections · 11 practice questions

Learning objectives

Construct and interpret single-leg and multi-leg option strategies.
Identify the market view (directional, volatility, range-bound) implied by each strategy.
Compute maximum profit, maximum loss, and breakeven for common spreads.
Apply protective and covered strategies in a SIF / portfolio context.

Topics covered

01Single-leg strategies — long/short call/put

02Spread strategies — bull spread, bear spread

03Volatility strategies — straddle, strangle

04Range-bound strategies — butterfly, condor

05Protective and covered strategies — protective put, covered call

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A peek at what's inside Chapter 6:

study sections

First section: "Why this chapter matters"

cheat-sheet terms

Includes: Bull call spread, Bear put spread, Long straddle...

practice MCQs

Interactive — click an option to reveal the correct answer + explanation

3 underlying tabs

Equity / Currency / Interest Rate views

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Academy/NISM Series XIII/Chapter 6

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