1.Long Call - This strategy involves buying a call option, which gives the buyer the right to purchase an underlying asset at a specific price (strike price) before the option's expiration date.
2.Long Put - This strategy involves buying a put option, which gives the buyer the right to sell an underlying asset at a specific price (strike price) before the option's expiration date.
3.Covered Call - This strategy involves holding a long position in an underlying asset while simultaneously selling a call option on the same asset.
4.Protective Put - This strategy involves holding a long position in an underlying asset while simultaneously buying a put option on the same asset.
5.Married Put - This strategy involves buying an underlying asset and simultaneously buying a put option on the same asset to protect against downside risk.
6.Collar - This strategy involves holding a long position in an underlying asset while simultaneously buying a put option and selling a call option on the same asset.
7.Long Straddle - This strategy involves buying a call option and a put option with the same strike price and expiration date on the same underlying asset.
8.Long Strangle - This strategy involves buying a call option and a put option with different strike prices but the same expiration date on the same underlying asset.
9.Iron Condor - This strategy involves selling both a call option and a put option with higher strike prices and buying both a call option and a put option with lower strike prices on the same underlying asset.
10.Butterfly Spread - This strategy involves buying one call option at a lower strike price, selling two call options at a higher strike price, and buying one call option at an even higher strike price, all with the same expiration date on the same underlying asset.