Have a look around -
Researching individual strategies? Be sure to check out the Option Strategies Overview page, which includes descriptions and explanations for how the individual strategies detailed on this site are organized.
There's also an Options Reference Page listing all individual trading strategies detailed on this site.
My own preferences are for the option trading strategies I employ as part of my Leveraged Investing approach, strategies that complement and enhance long term, value-oriented investing.
You can also read the full article - Tax Advantages of Trading Options in an IRA