4. Call Ratio Back Spread
4.1 – Background The Call Ratio Back Spread is an interesting options strategy. I call this interesting keeping in mind the simplicity of implementation and...
3. Bull Put Spread
3.1 – Why Bull Put Spread? Similar to the Bull Call Spread, the Bull Put Spread is a two leg option strategy invoked when the...
2. Bull Call Spread
2.1 – Background The spread strategies are some of the simplest option strategies that a trader can implement. Spreads are multi leg strategies involving 2...
1. Orientation
1.1 – Setting the context Before we start this module on Option Strategy, I would like to share with you a Behavioral Finance article I...
24. Quick note on Physical Settlement
24.1 – Overview Until recent times, trading in equity futures and options was cash settled in India. What this means is that upon expiry of...
23. Case studies – wrapping it all up!
23.1 – Case studies We are now at the very end of this module and I hope the module has given you a fair idea...
22. Re-introducing Call & Put Options
22.1 – Why now? I suppose this chapter’s title may confuse you. After rigorously going through the options concept over the last 21 chapters, why...
21. Greek Calculator
21.1 – Background So far in this module we have discussed all the important Option Greeks and their applications. It is now time to understand...
20. Greek Interactions
20.1 – Volatility Smile We had briefly looked at inter Greek interactions in the previous chapter and how they manifest themselves on the options premium....
19. Vega
19.1 – Volatility Types The last few chapters have laid a foundation of sorts to help us understand Volatility better. We now know what it...