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...Option trading strategies table of contents buy call put sell straddle long synthetic short bull spread bear backspread combo strangle strap strip ladder butterfly condor covered collar page buying or going on a is strategy that must be devised when the investor bullish market direction moving up in term simplest way to benefit if believes will make an upward move it most common choice among first time investors being means underlying stock index rallies however risk limited downside makes correction view premium paid reward unlimited breakeven strike price illustration e g nifty currently expecting markets rise from these levels so having goes above type outflow lot size payoff schedule and chart for shown below expiry net happens moment crosses maximum calculated as disclaimer bearish down gives buyer right seller at pre specified thereby limit his falls upside eg fall can gain rs selling not...