<

Neutral Market Strategies

Strategy	Action	Legs	Risk Profiles	Best When
Short Stradle	Sell ATM Call + Sell ATM Put	2	Unlimited	Low volatiity
Short Strangle	sell OTM Call + sell OTM Put	2	Unlimited	Range Bounds
Iron Butterfly	Sell ATM Call + Put buy OTM Call + put	4	Limited	Earnings Reports
Reverse Iron condor	Sell OTM Call + Put Buy Further OTM Call + put	4	Limited	Wider Range