There are numerous different Option Strategies. Some examples of Option Strategies include:
- Bull call spread: This strategy involves buying a call option with a lower strike price and selling a call option with a higher strike price, in order to profit from a moderate increase in the underlying asset's price.
- Bear put spread: This strategy involves buying a put option with a lower strike price and selling a put option with a higher strike price, in order to profit from a moderate decrease in the underlying asset's price. These are just few example of Option Strategy that exist.