Options Crash Course: Ep #11 - Undefined-Risk Strategies: Part One


Sep 22 2020 29 mins   7
Now that we’ve built up a foundation in defined-risk strategies (with [episode #9](https://www.tastytrade.com/tt/shows/options-crash-course/episodes/options-crash-course-ep-9-defined-risk-strategies-part-one-09-18-2020 ) and [episode #10](https://www.tastytrade.com/tt/shows/options-crash-course/episodes/options-crash-course-ep-10-defined-risk-strategies-part-two-09-21-2020 )), we want to turn our attention to undefined-risk strategies. Specifically, we look at Short Puts and Short Strangles, as a Short Put is simply the [undefined-risk version](https://www.tastytrade.com/tt/shows/from-theory-to-practice/episodes/from-theory-to-practice-09-17-2018 ) of a Short Put Spread, and a Short Strangle is the undefined-risk version of an Iron Condor. So in this episode of Tastytrade’s Options Crash Course, we dive into the pure Greek exposure and higher POPs that undefined-risk strategies offer.