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Popular Options Strategies
Straddle
Buy call and put at same strike. Profits from large moves in either direction. High volatility play.
Iron Condor
Sell call and put spreads. Profits when stock stays within a range. Low volatility play.
Bull Call Spread
Buy lower strike call, sell higher strike call. Limited profit and loss. Moderately bullish.
Butterfly
Buy 1 low strike, sell 2 middle strikes, buy 1 high strike. Profits if stock stays near middle strike.