: An aggressive strategy where you sell one ATM call and buy two or more OTM calls. It profits from high upward volatility with limited downside risk. 10 Options Strategies Every Investor Should Know

: Used when you are bearish . You buy a put option expecting the stock price to fall significantly.

: Buy a lower-strike call and sell a higher-strike call. This reduces the net premium paid and lowers the break-even point.

These strategies profit when you expect a big move but are unsure of the direction.

: Combines a long stock position with a long put option to create a "floor" for potential losses. It acts as an insurance policy for your existing holdings. 2. Volatility Strategies (Non-Directional)

: Buy a higher-strike put and sell a lower-strike put. It limits both potential loss and reward while making the trade more cost-effective.

: You buy an at-the-money (ATM) call and put with the same strike and expiry. It is most effective before major events like earnings or rate cuts.