> For the complete documentation index, see [llms.txt](https://docs.factor.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.factor.fi/factor-discover/factor-operated-strategies/delta-neutral-type-strategies.md).

# Delta Neutral Type Strategies

## Overview

The strategies in this section combine Long and Short positions to hedge any upside/downside risks against each other. This shields the strategy from short term market volatility while still enabling yields to be generated on the respective Long/Short positions.