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: A four-legged spread profiting from low volatility.
While specific PDF links for the full 76-strategy list are often proprietary, these strategies are generally categorized by market outlook and risk profile: : Focused on rising prices. Long Call : Simple purchase of a call option.
: Buying a lower strike call and selling a higher strike call. Covered Call : Selling calls against stock you already own. Bearish Strategies : Focused on falling prices. Long Put : Straight purchase of a put option.