A favorite directionless investment method with option sellers is called the vertical spread or the Weekly Options. One reason it’s so well-liked is because it’s one of the easiest option strategies to understand. Another explanation for it’s attractiveness is that once the trade is placed there can be very little attention needed to supervise it – allowing the credit spread trader to go out and spend their time doing other things rather than sitting in a dark room staring at a trading screen all day long.

The iron condor is one of the most popular option strategies available to traders. Unfortunately, it is also possibly the most dangerous.