Get Tability: OKRs that don't suck | Learn more →

10 strategies and tactics for Options

What is Options strategy?

Team success often hinges on the ability to develop and implement effective strategies and tactics. It's a bit like playing chess, except that you have more than 1 player on each side.

Developing an effective Options strategy can be intimidating, especially when your daily duties demand your attention. To assist you, we've curated a list of examples to inspire your planning process.

Feel free to copy these examples into your favorite application, or leverage Tability to maintain accountability.

How to write your own Options strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Options strategy examples

We've added many examples of Options tactics, including a series of action items. We hope that this will make these examples as practical and useful as possible.

Strategies and tactics for implementing Smart Money Concepts in Trading

  • ⛳️ Strategy 1: Utilise Market Structures and Order Blocks

    • Analyse internal market structure to identify potential reversal points
    • Monitor Bullish and Bearish Order Blocks to anticipate market turns
    • Focus on mitigation methods like High/Low for precise trade entries
    • Set alerts for BOS and CHoCH to capture market structure shifts
    • Incorporate historical analysis of swing structure to enhance predictions
    • Use ATR as a volatility filter to detect significant order blocks
    • Implement confluence filters to prioritize significant structure breakouts
    • Utilise colour-coded candle analysis to assess current trends visually
    • Apply sensitivity thresholds to detect pertinent equal highs and lows
    • Conduct regular audits of past trades to refine order block strategies

  • ⛳️ Strategy 2: Implement Fair Value Gap Strategy

    • Identify Fair Value Gaps using defined thresholds and timeframes
    • Utilise visual indicators like rectangles to mark these gaps on charts
    • Set automated alerts for the formation of bullish and bearish gaps
    • Apply a timeframe change filter to detect gaps with significant price shifts
    • Use real-time analysis of Fair Value Gaps to inform immediate trading decisions
    • Extend gap boxes to visualize long-term market trends
    • Incorporate cumulative mean range as an alternative volatility measure
    • Prioritize gaps in high-interest market periods for higher significance
    • Backtest Fair Value Gap strategies to evaluate past market performance
    • Integrate Fair Value Gaps into a broader strategic framework with additional indicators

  • ⛳️ Strategy 3: Leverage Multi-Timeframe and Zone Analysis

    • Utilise multi-timeframe analysis to find stronger market levels
    • Highlight daily, weekly, and monthly highs and lows on charts
    • Evaluate premium, discount, and equilibrium zones to identify entry and exit points
    • Draw zones with distinct labels and colour coding for quick identification
    • Avoid higher timeframe zones for more precise trading in lower timeframes
    • Identify equilibrium points by calculating average highs and lows
    • Track trailing extremities to maintain updated support and resistance levels
    • Deploy different line styles to differentiate between timeframe zones
    • Perform regular checks for confirmations from higher timeframes
    • Study correlation between trailing swings and price movements for strategic refinements
market-structureorder-blockstradermarket-analysttrading-teamanalysis-team
Implement these strategies

Strategies and tactics for developing a Robust Options Trading Methodology

  • ⛳️ Strategy 1: Execute Entry Criteria Precisely

    • Monitor EMA 5 and EMA 9 crossovers on 15-minute charts
    • Confirm crossovers with candle close above both EMAs for bullish signals
    • Verify crossovers below both EMAs for bearish signals before taking a position
    • Buy call options on confirmed bullish EMA crossovers
    • Buy put options on verified bearish EMA crossovers
    • Use RSI to confirm overbought or oversold conditions
    • Implement MACD to confirm momentum direction
    • Incorporate volume analysis to validate strength of move
    • Backtest entry criteria on historical data
    • Refine entry signals based on backtesting results

  • ⛳️ Strategy 2: Implement Disciplined Risk Management

    • Apply a 4% profit target as the primary exit condition
    • Set a stop-loss at 2% below entry to control risk
    • Calculate position size based on risk-to-reward ratio
    • Limit trades to no more than 10 per trading day
    • Evaluate each trade on hitting predefined risk parameters
    • Adjust stop-loss levels based on market volatility
    • Test risk management strategies during backtesting
    • Utilize sizing techniques like Kelly Criterion for optimal sizing
    • Ensure trade frequency aligns with strategy accuracy
    • Document risk management processes and outcomes

  • ⛳️ Strategy 3: Enhance Strategy with Technical Indicators

    • Add RSI to filter out false signals
    • Incorporate MACD to gauge market momentum
    • Analyze volume to confirm trade signals
    • Experiment with Bollinger Bands to assess market volatility
    • Utilize ATR to set dynamic stop-loss levels
    • Regularly optimize indicators using past market data
    • Test additional indicators during periods of market stress
    • Develop a multi-indicator filter system to increase signal quality
    • Backtest strategy with varied indicator combinations
    • Review and update technical indicators quarterly
options-tradingrisk-managementtraderrisk-analysttrading-teamrisk-management-team
Implement these strategies

Strategies and tactics for designing a Brand Management Course

  • ⛳️ Strategy 1: Create a detailed course syllabus

    • Outline weekly topics and objectives for the 6-month, 2 sessions per week course
    • Outline weekly topics and objectives for the 4-month, 3 sessions per week course
    • Include a mixture of lectures, guest speaker sessions, and interactive workshops
    • Recommend readings and resources for each session
    • Clearly define the objectives and key takeaways for each week
    • Include a review session every 4 weeks for recapitulation and feedback
    • Integrate specialist modules within each phase of the course
    • Ensure the syllabus emphasises practical application with industry case studies
    • List assessments and projects accompanying each phase to reinforce learning
    • Align syllabus content with industry trends and practices

  • ⛳️ Strategy 2: Develop module descriptions and learning outcomes

    • Draft a brief overview of each phase in the course description
    • Create detailed module descriptions for the design, copywriting, and digital integration modules
    • Outline specific learning outcomes for each module to guide teaching
    • Highlight key marketing and branding concepts to be covered in Phase 1
    • Define advanced brand management skills and knowledge for Phase 2
    • Articulate the role and impact of design in branding for Design Module
    • Explain the role of language and storytelling in branding for Copywriting Module
    • Clarify the integration of digital strategies within the broader branding context
    • Identify hands-on projects or simulations for practical learning
    • Describe how specialist instructors' expertise enhances the overall curriculum

  • ⛳️ Strategy 3: Plan assessment ideas and integration notes

    • Design quizzes and short tests for foundational marketing concepts
    • Create case study analysis sessions focusing on real-world brands
    • Incorporate a final project where students develop a brand strategy
    • Introduce group work to foster collaboration, simulating team branding efforts
    • Assign periodic reflective tasks where students evaluate brand strategies
    • Include practical assignments for each specialist module
    • Design rubrics for each assessment ensuring consistent evaluation
    • Provide teacher integration notes to smoothly incorporate specialist modules
    • Propose collaborative projects across different modules for deeper learning
    • Recommend periodic feedback sessions with instructors to track progress
brand-managementsyllabus-designbrand-managermarketing-professionalcurriculum-development-teambranding-strategy-team
Implement these strategies

Strategies and tactics for expanding Sterling Tour and Travel Agency into the Kenyan Market

  • ⛳️ Strategy 1: Forge strategic partnerships

    • Identify and partner with a medium-sized Kenyan tour and travel agency
    • Leverage the local partner’s market knowledge and customer base
    • Align services to meet local cultural and tourist preferences
    • Ensure clear communication channels with partners
    • Negotiate mutually beneficial terms in partnership agreements
    • Engage local travel influencers to promote joint offerings
    • Create co-branded marketing materials with local partners
    • Host joint events and travel expos to increase brand visibility
    • Develop shared objectives and performance metrics
    • Regularly review and refine partnership strategies

  • ⛳️ Strategy 2: Adapt services to local market conditions

    • Research and understand customer preferences in Kenya
    • Develop Kenya-specific travel packages including popular destinations
    • Implement a pricing strategy that reflects local purchasing power
    • Offer flexible payment options tailored to Kenyan market needs
    • Launch culturally immersive experiences like safaris and heritage tours
    • Translate marketing materials into Swahili and other local languages
    • Align services with environmental and cultural preservation initiatives
    • Conduct training sessions for employees on local customs and practices
    • Incorporate feedback from local customers into service offerings
    • Regularly update offerings based on seasonal tourist trends

  • ⛳️ Strategy 3: Enhance marketing and brand awareness

    • Launch social media campaigns targeting Kenyan travellers
    • Partner with local influencers to widen digital reach
    • Participate in local and international travel expos
    • Utilise radio and print media to reach different demographics
    • Highlight local partnerships in marketing communications
    • Develop emotional and engaging storytelling content
    • Create promotional videos showcasing Kenyan attractions
    • Establish a customer referral programme
    • Leverage customer testimonials in marketing materials
    • Conduct surveys to measure brand awareness and adapt strategies
partnershipslocalizationstrategic-plannermarketing-specialistmarketing-teambusiness-development-team
Implement these strategies

Strategies and tactics for selling put options on ETFs for profit

  • ⛳️ Strategy 1: Identify suitable ETFs

    • Research ETFs with high liquidity
    • Analyse the historical volatility of potential ETFs
    • Select ETFs with strong fundamentals
    • Monitor market trends and overall economic indicators
    • Use technical analysis to identify potential pullback points
    • Evaluate the impact of current news events on ETF choices
    • Shortlist ETFs with attractive risk-reward profiles
    • Regularly review the performance of shortlisted ETFs
    • Seek expert opinions or financial advisors' views
    • Create a watchlist for continuous monitoring

  • ⛳️ Strategy 2: Set optimal entry points

    • Determine key support levels of chosen ETFs
    • Identify historical pullback patterns
    • Use moving averages to find entry signals
    • Assess the option Greeks to understand risk exposure
    • Check implied volatility for potential spikes
    • Set alert systems for entering sell put positions
    • Adjust entry levels based on market conditions
    • Combine technical indicators to refine entry points
    • Practice patience and wait for high-probability setups
    • Simulate entry strategies using paper trading

  • ⛳️ Strategy 3: Prepare for risk management

    • Determine an appropriate position size
    • Set a maximum acceptable loss for each trade
    • Use stop-loss orders to manage downside risk
    • Implement a risk-reward ratio policy, minimum of 1:2
    • Maintain a diversified ETF portfolio to mitigate risk
    • Use options spreads to limit potential losses
    • Review the portfolio performance regularly for adjustments
    • Set aside a reserve fund for unexpected market volatility
    • Stay informed about global market events impacting ETFs
    • Train psychological discipline to stick with risk management rules
options-tradingetfsfinancial-analystrisk-managertrading-teaminvestment-strategy-team
Implement these strategies

Strategies and tactics for developing an Option Hedging Strategy

  • ⛳️ Strategy 1: Implement the protective put strategy

    • Identify the stock or portfolio you want to hedge
    • Purchase an equivalent amount of put options for the stock at a strike price close to the current stock price
    • Choose an expiration date for the put options that aligns with your investment timeline
    • Calculate the potential losses to ensure they are capped by the protection provided by the puts
    • Analyse historical stock performance to set realistic profit expectations
    • Keep an eye on option premiums to manage costs effectively
    • Review the option market regularly and adjust your position as needed
    • Develop a plan to roll over the options if the expiration date approaches with unfavourable stock price movement
    • Evaluate early exercise of the options if the stock approaches the strike price suddenly
    • Monitor market indicators and adjust the strategy as per changing economic conditions

  • ⛳️ Strategy 2: Utilise collar strategy for hedging

    • Identify the stock holding you wish to protect
    • Buy put options for each stock you plan to hedge
    • Sell call options at a higher strike price than the purchased put options
    • Select expiration dates that fit your investment duration for both put and call options
    • Calculate the net cost to ensure minimal expense by considering premiums spent and earned
    • Establish target exit points for the stock's performance to guide your selling decisions
    • Regularly assess volatility in the market to adjust strike prices if necessary
    • Research and choose stocks with relatively stable price history for implementation
    • Maintain a proper record of transaction costs associated with option trades
    • Assess the strategy execution before the expiry and decide on rolling over or closing positions

  • ⛳️ Strategy 3: Employ strangle strategy with risk management

    • Choose a volatile stock or asset suitable for this strategy
    • Purchase out-of-the-money call and put options with the same expiration date
    • Set different strike prices for the call and put options, both out-of-the-money
    • Analyse past price movements to determine potential future volatility
    • Determine the maximum loss (limited to premiums paid) and potential profit (theoretically unlimited)
    • Keep an eye on market events that could cause significant price swings
    • Set alerts for price movement nearing the strike prices to promptly decide on exercising the options
    • Allocate specific capital to this strategy to prevent over-investment and manage risk
    • Evaluate the strategy toward expiration and consider selling or buying offsetting positions
    • Document and analyse the outcome of each execution for continuous improvement
options-hedgingprotective-putoptions-traderfinancial-analystrisk-managementinvestment-strategy
Implement these strategies

Strategies and tactics for increasing awareness and sales for turkey-based meals

  • ⛳️ Strategy 1: Leverage targeted marketing campaigns

    • Develop video content highlighting the benefits of turkey as a healthy alternative to pork
    • Create tailored advertisements for busy professionals emphasizing quick meal preparation
    • Design social media posts targeting health-conscious consumers reducing red meat intake
    • Collaborate with influencers to reach religious consumers who avoid pork
    • Offer special promotions for new customers trying turkey-based meals
    • Utilize email marketing to showcase turkey's health benefits and quick preparation
    • Segment ads based on consumer budgets for affordable, mid-range, and premium meals
    • Engage with community events to demonstrate easy preparation of turkey meals
    • Develop culturally sensitive marketing campaigns for Muslim consumers
    • Use customer testimonials to build trust and highlight product features and convenience

  • ⛳️ Strategy 2: Enhance product visibility in stores and online

    • Secure prominent shelf space in grocery stores for turkey-based meals
    • Create eye-catching packaging highlighting the health benefits of turkey
    • Offer product sampling in high-traffic stores to encourage trial
    • List products on major online grocery platforms with detailed descriptions
    • Provide recipes and meal ideas on packaging and online to inspire customers
    • Collaborate with retailers to offer in-store promotions and discounts
    • Ensure product availability in stores frequented by target consumers
    • Optimize product listings with keywords for online visibility
    • Implement a customer reviews section on online platforms for feedback
    • Develop partnerships with health and wellness brands for co-promotion

  • ⛳️ Strategy 3: Expand distribution and collaboration channels

    • Identify and partner with meal kit delivery services to include turkey options
    • Collaborate with fitness centers to offer turkey meal samples to members
    • Secure partnerships with health-conscious restaurants for turkey-based menu items
    • Engage with workplace cafeterias to include turkey meals in their offerings
    • Explore collaboration opportunities with dietitians and nutritionists
    • Expand distribution to specialty stores focusing on organic and health foods
    • Target corporate offices for bulk orders of convenient meal options
    • Establish relationships with religious communities for halal turkey promotions
    • Leverage partnerships with cooking shows or recipe blogs showcasing turkey dishes
    • Create a referral program encouraging existing customers to share with friends
targeted-marketingproduct-visibilityinfluencerdietitianmarketing-teamdistribution-team
Implement these strategies

Strategies and tactics for implementing a moving average strategy for binary options

  • ⛳️ Strategy 1: Utilise short-term moving averages

    • Select a short-term moving average period such as 5 or 10 days
    • Monitor asset price movements and identify crossover opportunities
    • Use short-term moving averages to spot quick trends for short expiry trades
    • Backtest the short-term moving average strategy on historical data
    • Establish entry and exit points based on moving average crossovers
    • Define the expiry timeframes that align with short-term trends
    • Combine with other technical indicators for confirmation
    • Implement risk management tools like stop-loss orders
    • Evaluate strategy performance regularly with practice trades
    • Adjust the strategy based on market conditions and trading results

  • ⛳️ Strategy 2: Employ medium-term moving averages

    • Choose a medium-term moving average period, such as 20 or 50 days
    • Identify trends or reversals by observing moving average patterns
    • Use medium-term moving averages for trades with moderate expiry times
    • Backtest the effectiveness of the medium-term strategy with historical data
    • Determine signal strength by analysing moving average slopes
    • Incorporate market analysis to support moving average signals
    • Apply a moving average crossover technique for trade entries
    • Set clear rules for take profit and stop loss limits
    • Monitor and review strategy outcomes to make improvements
    • Stay informed of macroeconomic factors impacting asset movements

  • ⛳️ Strategy 3: Combine multiple moving averages

    • Select long-term, medium-term, and short-term moving averages
    • Use combination signals for longer trend confirmation
    • Backtest the multi-moving average strategy for validation
    • Watch for alignment or divergence among the different averages
    • Apply the strategy to identify entry points during sustained trends
    • Work with a trading platform to ensure accurate moving average settings
    • Manage risk by varying trade sizes based on strategy signals
    • Consider practising on a demo account before going live
    • Monitor strategy effectiveness and iterate based on feedback
    • Incorporate news events analysis to predict potential trend shifts
moving-averagesbinary-optionstraderanalysttrading-teamrisk-management-team
Implement these strategies

Strategies and tactics for achieving Women's Empowerment in Afghanistan

  • ⛳️ Strategy 1: Enhance educational and vocational opportunities

    • Conduct local needs assessments to tailor educational programs
    • Develop a curriculum focusing on literacy and vocational skills
    • Collaborate with civil society organizations to implement programs
    • Provide training for teachers and facilitators
    • Establish safe and accessible educational centers
    • Introduce virtual learning where possible
    • Coordinate with religious leaders for community acceptance
    • Organise awareness campaigns on the project benefits
    • Secure funding and resources from international partners
    • Set up monitoring and evaluation systems

  • ⛳️ Strategy 2: Empower women's social and economic participation

    • Launch awareness programs on gender equality and rights
    • Develop entrepreneurship hubs for women
    • Provide micro-financing options for women-led businesses
    • Conduct skills workshops aligned with local market needs
    • Partner with local enterprises to offer job placements
    • Facilitate mentorship programs with successful women leaders
    • Establish community support groups for women
    • Create platforms for women to voice their issues
    • Document and share success stories
    • Measure participation improvements and economic outcomes

  • ⛳️ Strategy 3: Ensure security compliance and cultural integration

    • Establish clear security protocols for participant safety
    • Coordinate with local authorities for project protection
    • Engage community leaders to foster acceptance
    • Review curriculum with religious scholars for Sharia compliance
    • Ensure vocational training aligns with Afghan norms
    • Protect data confidentiality of participants
    • Maintain regular dialogue with relevant government bodies
    • Avoid activities conflicting with official policies
    • Introduce ongoing sensitivity training for project staff
    • Evaluate security measures and adjust as necessary
women's-empowermenteducationproject-facilitatorcommunity-leadercurriculum-development-teamsecurity-compliance-team
Implement these strategies

Strategies and tactics for enhancing Rowing WA Operations

  • ⛳️ Strategy 1: Enhance club and coach development

    • Develop effective relationships with affiliated clubs and provide resources to enhance their capabilities
    • Organise an annual series of workshops to improve club governance and management
    • Create cross-club initiatives for sport growth and development
    • Manage the Rowing WA Coaching Development Strategy to ensure sufficient accredited coaches
    • Provide opportunities for coaches to develop their skills and practical application
    • Implement the Rowing Australia Coach Accreditation Scheme in WA
    • Plan and deliver the WA Coaches Conference
    • Facilitate pathway programs for athletes from schools into clubs
    • Develop strategies to include non-traditional rowing schools
    • Design a comprehensive coxswain development approach

  • ⛳️ Strategy 2: Optimise regatta and event management

    • Plan and oversee all aspects of regatta delivery
    • Play a key role in national regattas hosted in WA
    • Coordinate non-regatta events like award ceremonies and development workshops
    • Develop a strategy to ensure the vibrant programming of events
    • Establish effective event management protocols and checklists
    • Facilitate training for volunteers and officials for events
    • Implement feedback systems for continuous improvement after events
    • Collaborate with vendors and sponsors for event success
    • Leverage technology for efficient event administration
    • Implement sustainable practices in event management

  • ⛳️ Strategy 3: Strengthen administration and strategic governance

    • Ensure compliance with government regulations and best practice sport governance principles
    • Support the CEO in strategic meetings and stakeholder interactions
    • Lead the use and optimisation of the Revolutionise Sport Membership Management System
    • Manage compliance with Working with Children legislation
    • Assist in securing grants and funding for rowing development
    • Represent Rowing WA at relevant conferences and committees
    • Develop strategic plans for athlete pathway development
    • Strengthen collaboration with Rowing WA partners and sponsors
    • Provide administrative support to staff and portfolios as needed
    • Continuously review and refine strategic objectives and outcomes
rowingdevelopmentcoachevent-managerclub-development-teamevent-management-team
Implement these strategies

How to track your Options strategies and tactics

Having a plan is one thing, sticking to it is another.

Setting good strategies is only the first challenge. The hard part is to avoid distractions and make sure that you commit to the plan. A simple weekly ritual will greatly increase the chances of success.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

Table of contents
Copyright © 2024 Tability