LaunchKit · 2026
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options-strategies

Comprehensive guide and execution framework for popular options trading strategies.

2
531 downloads
by @dromlakhani

Setup & Installation

openclaw skills install @dromlakhani/options-strategies

Or with the ClawHub CLI, for registry-managed skill folders outside a full OpenClaw workspace:

npx clawhub install options-strategies

What This Skill Does

Covers setup, risk parameters, and Greeks for over 20 options strategies, from single-leg trades to complex multi-leg spreads. Includes a decision framework for matching strategy to market outlook and IV rank, plus optimal DTE guidelines and common position adjustment tactics.

Consolidates setup details, max profit/loss, breakevens, and Greeks for 20+ strategies in one reference, removing the need to search across scattered sources.

When to use it

  • Choosing a strategy before an earnings announcement
  • Setting up an iron condor on a range-bound ETF
  • Comparing bull call spread vs bull put spread for a moderately bullish view
  • Reviewing Greek exposure on an existing multi-leg position
  • Deciding when to roll a covered call that has gone in the money

Example Workflow

Here's how your AI assistant might use this skill in practice.

INPUT

User asks: I expect SPY to stay between 520 and 540 for the next 30 days. What should I trade?

AGENT
  1. 1Identifies neutral, range-bound outlook with low volatility expectation
  2. 2Checks IV rank to confirm whether credit-selling strategies are appropriate
  3. 3Selects iron condor: sell OTM call, buy further OTM call, sell OTM put, buy further OTM put, all at 30-45 DTE
  4. 4Calculates max profit as net credit received, max loss as wing width minus credit, and both breakeven points
  5. 5Outlines adjustment if one side gets tested, such as rolling the untested spread toward current price
OUTPUT

Iron condor leg structure with net credit, breakeven levels, max loss, and adjustment guidance for a 30-day range-bound position