Options Trading Strategies for Portfolio Protection and Yield Enhancement

Options trading strategies aren’t just about speculation. It's also a powerful tool for managing risk and enhancing returns. Whether you're looking to hedge against market downturns or generate extra income from your existing portfolio, there are strategic ways to use options to meet your goals. This infographic breaks down some of the most effective options trading strategies, organized by your market outlook and whether you're aiming to reduce risk or increase yield.

From protective puts and collars to covered calls and straddles, each strategy serves a unique purpose depending on your directional bias and risk tolerance. Whether you're bullish, bearish, or neutral, this visual guide helps you quickly identify which options strategies to consider based on your objectives.