Here is the option play strategy guide from my Options 101 eCourse. 

The columns give the names of the option play and the sentiment that an option trader would have when they open the position. You can also see if whether the profit and risk is open ended or capped with the contract size if long or a hedge if short. The last column explains the quantity of positions in the specific option play. 

For the complete eCourse this answer key was sourced from check out Options 101 at NewTraderUniversity.com. 

Option Play Cheat Sheet

By Steve Burns

After a lifelong fascination with financial markets, Steve began investing in 1993 and trading his accounts in 1995. It was love at first trade. After more than 30 successful years in the markets, Steve now dedicates his time to helping traders improve their psychology and profitability. New Trader U offers an extensive blog resource with more than 4,000 original articles, online courses, and best-selling books covering various topics.