: Used when you are bullish . You buy a call option expecting the stock price to rise significantly above the strike price plus premium.
: 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) option buying strategies
: Buy a lower-strike call and sell a higher-strike call. This reduces the net premium paid and lowers the break-even point. : Used when you are bullish
: 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. option buying strategies
These are the simplest approaches for beginners to take a directional bet on the market.