Various strategies for option trading
1) long call – bullish.
2) short call – limited profit.
3) synthetic long call – buy stock / buy put.
4) long put –
5) short put –
6) covered call – buy stock – sell call of buy.
7) long combo – sell a put , buy a call.
8) synthetic long put – sell stock + buy call.
9) covered put = sell stock + sell put.
10) buy put + buy call = long straddle.
11) sell put + sell call = short straddle.
12) buy 0tm put + buy otm call = long strangle ( less cost but big move needed ).
13) sell otm put + sell otm call = short strangle.
14) buy stock + buy put + sell call = collar ril 990 – 970 put + sell 1020 call.
15) bull call spread buy 7500 call + sell 7700 buy itm call + sell otm call.
16) bull put sprad sell 7500 buy lower strike put + sell otm put buy 7300.
17) bear call spread sell 7600 + buy 7500 / sell lower strike call + buy otm call.
18) bear put spread buy itm put + sell otm put buy 7700 put + sell 7500/-.