This trade expires worthless when the stock is above the strike price of the long put. When to use it: This multi-leg options ...

In this option trading strategy, the trader buys a call — referred to as “going long” a call — and expects the stock price to exceed the strike price by expiration. The potential profit on ...

The long straddle can be a useful strategy if you think a stock is going to make a big move, but you’re not sure in which ...

or the strike price of the long call plus the net cost of the bull call spread. Above $20, the value of the option strategy increases by $100 for every dollar the stock increases — up to $24 per ...