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Option strategies and covered calls
Covered calls, protective puts, collars, spreads, straddles, strangles, iron condors and butterflies: what each is for, the payoff, and the risk.
- 1Covered calls: income from shares you own
- 2Protective puts and collars
- 3Vertical spreads (debit and credit)
- 4Straddles and strangles: trading volatility
- 5Iron condors, butterflies and calendars
- 6Choosing a strategy: the decision map
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