Buy Put Sell Call Strategy Apr 2026

at a specific strike price (typically At-the-Money). Sell a Put at the same strike price and expiration date.

: This position behaves almost exactly like owning the stock. If the stock goes up, the long call gains value; if it goes down, the short put loses value (similar to owning shares that drop in price). buy put sell call strategy

: You want exposure to a stock's movement but prefer to keep your cash liquid or use significantly less margin than a traditional stock purchase. 3. The "Wheel" Strategy (The "Income" Strategy) at a specific strike price (typically At-the-Money)

: Collects a premium that helps pay for the put. the long call gains value