🔁 Double-Sided Profit Stock Strategies

These strategies are designed to profit from significant moves in either direction—up or down—depending on market conditions and volatility.

1. Straddle

2. Strangle

3. Iron Condor

4. Iron Butterfly

5. Calendar Straddle

6. Bilateral Breakout Strategy

📊 Summary Table

Strategy Structure Best Used When
Straddle Buy call + put at same strike Expect large move, unsure of direction
Strangle Buy OTM call + OTM put Expect volatility, want lower cost
Iron Condor Sell OTM call + put, buy wings Expect range-bound market
Iron Butterfly Sell ATM straddle, buy wings Expect minimal movement
Calendar Straddle Buy long-term, sell short-term straddle Expect long-term move, short-term calm
Bilateral Breakout Conditional long/short entry Expect breakout from tight range