Options trading strategies for structured automation.
Every options trade is built on one of a handful of structures. Below, we group them into four strategy types - income, spreads, volatility, and advanced - and show how each one can become structured OptionsRobot automation.
Income group
Income strategies
For traders who own stock, or want to own it, and want a structured premium-selling plan.
Explore income strategies →Covered call Automation supported
Sell a call against 100 shares you already own. You collect premium; if the stock rises through your strike, the shares get called away at a price you chose.
Cash-secured put Automation supported
Sell a put on a stock you'd be happy to own, backed by cash to buy it. Collect premium; get assigned at a discount if it drops.
The wheel Automation supported
Cycle between cash-secured puts and covered calls on an underlying the trader is willing to own, with share-ownership and capital rules defined in advance.
Spread group
Spreads
Defined-risk trades that combine two or more options. The maximum loss is defined before entry when the spread is structured correctly.
Explore spreads →Credit spreads (bull put / bear call) Automation supported
Sell one option and buy another further OTM in the same expiration to cap risk. Collect a credit upfront and define the conditions that support the trade thesis.
Debit spreads (bull call / bear put) Automation supported
Buy one option and sell another in the same expiration to lower cost. Pay a debit upfront and define the directional move needed for the trade to work.
Iron condor Automation supported
A same-expiration bull put spread and bear call spread combined. Collect premium with risk defined on both sides when the trader expects a range-bound market.
Volatility group
Volatility strategies
Focus on movement, volatility, and timing rather than a simple directional view.
Explore volatility plays →Long straddle
Buy a call and a put with the same strike and same expiration. Designed for cases where a large move may matter more than direction, with premium risk defined upfront.
Short strangle
Sell an OTM call and OTM put in the same expiration. Designed for range-bound views where volatility contraction is part of the thesis.
Calendar spread
Sell a near-term option and buy a longer-dated option at the same strike. Uses time decay and volatility exposure as part of the trade thesis.
Advanced group
Advanced strategies
Capital-efficient structures for experienced traders who understand time, volatility, and expiration risks.
Explore advanced strategies →LEAPS
Long-dated options (typically 1+ year). Used for stock-like exposure with less capital, or as long-term hedges.
Poor man's covered call
A diagonal spread using a long-dated deep-ITM call instead of 100 shares. Covered-call-like exposure with different risks and less upfront capital than owning 100 shares.
0DTE strategies
Trades on options that expire the same day. High gamma, fast theta - for short-dated strategies with strict risk controls.
Which strategy is right for you?
A rough guide. Strategy fit depends on the trader's goal, account size, time horizon, permissions, and market environment.
I want monthly income from stocks I own
→ Covered calls or the wheel
I want to buy a stock at a lower price
→ Cash-secured put
I think the market will stay sideways
→ Iron condor or short strangle
I have a directional view and want capped risk
→ Credit spread or debit spread
I expect a big move around a catalyst
→ Long straddle
I want stock-like exposure for less capital
→ LEAPS or poor man's covered call
Build strategy automation from clear rules
Start from a strategy template, customize the rules, simulate behavior, and let agents execute and manage the plan when your conditions are met.
Start Building →Frequently asked questions
What is the easiest options strategy for beginners?
Long calls and long puts are the easiest option strategies to understand because each trade uses one contract and has a clear debit paid upfront. They still require a plan for timing, direction, and risk.
What is the most profitable options strategy?
There is no single "most profitable" strategy. The right choice depends on lifestyle, available screen time, trading style, account size, risk tolerance, and whether the trader prefers income, direction, volatility, or defined-risk setups.
Which options strategies have defined risk?
Defined-risk structures - credit spreads, debit spreads, iron condors - define maximum loss based on the spread width minus premium. Naked short options have undefined risk and aren't appropriate for most traders.
How many strategies should I learn?
Most traders do better by learning a small number of strategies that fit their lifestyle. A busy trader may prefer slower, rules-based strategies, while an active trader may choose strategies that require more frequent review.