What is an options strategy selector?

An options strategy selector is a tool that matches your market outlook and risk tolerance to appropriate options trading strategies. Enter your directional view, IV environment, and goal to surface strategies aligned with your scenario — without needing to memorize every permutation.

What options strategies does Equity Rank cover?

The selector covers covered calls, cash-secured puts, long calls, long puts, iron condors, protective puts, bull call spreads, bull put spreads, bear call spreads, bear put spreads, and collars. Each strategy includes a description, risk profile, and IV preference.

How do I choose between a covered call and a cash-secured put?

Covered calls generate income on stocks you already own by selling the right to purchase at a higher price — your upside is capped. Cash-secured puts generate income by selling the obligation to buy shares at a set price, requiring you to hold enough cash if assigned. Both suit neutral-to-bullish outlooks in high-IV environments.

What is IV rank and why does it matter for options strategy selection?

IV Rank measures current implied volatility relative to the past 52 weeks on a 0–100 scale. High IV Rank (above 50) means options are expensive relative to recent history — premium-selling strategies like covered calls and iron condors collect richer premiums. Low IV Rank favors premium-buying strategies like long calls and debit spreads.

Is the Options Strategy Selector free?

Yes, the Equity Rank Options Strategy Selector is a free tool available without a subscription. Creating a free account also unlocks access to the stock screener and basic valuation data.

Options/Strategy Selector

Options Strategy Selector

Answer 3 questions about your market view, volatility environment, and objective. The quiz surfaces a matching options strategy with a full educational breakdown.

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Question 1

What is your market outlook?

Options trading involves significant risk of loss and is not suitable for all investors. This tool is for educational purposes only and does not constitute financial advice, a trading recommendation, or a personalized investment strategy. Results depend on market conditions that may differ materially from historical norms.

Educational Use Only — Not Financial Advice

All content, analysis, valuations, options strategies, AI-generated commentary, screener results, and other information provided by Equity Rank is for informational and educational purposes only. Nothing on this platform constitutes financial advice, investment advice, trading advice, or any other type of advice. Equity Rank is not a registered investment adviser, broker-dealer, or financial planner under any applicable law or regulation.

Valuation models, margin of safety percentages, fair value estimates, options strategy outputs, and AI analysis are algorithmic outputs based on publicly available data and do not represent personalized investment recommendations. All financial models contain assumptions that may be incorrect. Past performance of any security is not indicative of future results. You may lose money on any investment.

Always conduct your own independent due diligence. Consult a licensed financial advisor, tax professional, or attorney before making any investment or financial decision. By using Equity Rank, you acknowledge that you understand and accept these limitations.