I am pushing on this thread, in the hope that more options traders can share various options strategies.
I shall start off with 6 Option Strategies that might be useful.
Before jumping into these strategies, we need to understand that generally, in options trading, there are 2 key components that traders must be acutely aware of. They are:
a) Volatility (both Historical and Implied)
b) Time Decay (aka Theta – it’s greek terminology)