1. Trading Strategies Involving Options Chapter 10

3. Positions in an Option & the Underlying (Figure 10.1, page 22 4 ) Profit S T K Profit S T K Profit S T K Profit S T K (a) (b) (c) (d)

5. Bull Spread Using Puts Figure 10.3, page 22 6 K 1 K 2 Profit S T

6. Bear Spread Using Puts Figure 10.4, page 22 7 K 1 K 2 Profit S T

7. Bear Spread Using Calls Figure 10.5, page 2 29 K 1 K 2 Profit S T

9. Butterfly Spread Using Calls Figure 10.6, page 23 1 K 1 K 3 Profit S T K 2

10. Butterfly Spread Using Puts Figure 10.7, page 23 2 K 1 K 3 Profit S T K 2

11. Calendar Spread Using Calls Figure 10.8, page 23 2 Profit S T K

12. Calendar Spread Using Puts Figure 10.9, page 23 3 Profit S T K

13. A Straddle Combination Figure 10.10, page 23 4 Profit S T K

14. Strip & Strap Figure 10.11, page 23 5 Profit K S T Profit K S T Strip Strap

15. A Strangle Combination Figure 10.12, page 23 6 K 1 K 2 Profit S T