Options / Strategy

Ladder (Options)

Definition

An options strategy using multiple strike prices in a series of calls or puts to capture gains at different price levels.

Example
A call ladder profits from moderate upward moves across several strikes.
Frequently Asked Question
What is a Ladder options strategy?
A Ladder is an options strategy using multiple strike prices in a series of calls or puts to capture gains at different levels. Call ladders profit from moderate upward moves; put ladders profit from moderate downward moves.
APA Citation
Clark, R. (2025). Ladder (Options). VixShield Trading Glossary. Retrieved from https://www.vixshield.com/glossary/ladder-options
RC
Russell Clark, FNP-C
Author of SPX Mastery series · Founder of VixShield
Last updated:  ·  Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.