Option Buying Strategies (Long Volatility Strategies)
These Strategies to be followed when you expect Big moves or increase in Volatility.

A Thread🧵:

Simple Long Call:

View: Very Bullish
Strike: Can be ATM, ITM or max 1 Strike OTM.
I don't recommend buying deep OTM options, it is pure gambling or Lottery buying.
Reward: Unlimited upside
Risk: Premium paid
POP: Low

Simple Long Put:

View: Very Bearish
Strike: Can be ATM, ITM or max 1 Strike OTM.
I don't recommend buying deep OTM options, it is pure gambling or Lottery buying.
Reward: Unlimited downside
Risk: Premium paid
POP: Low

Simple Long Call:

View: Very Bullish
Strike: Can be ATM, ITM or max 1 Strike OTM.
I don't recommend buying deep OTM options, it is pure gambling or Lottery buying.
Reward: Unlimited
Risk: Premium paid
POP: Low

Call Debit Spread:

View: Bullish
Strike: Should be selected such that max profit is at least 2x of max risk
Reward: Limited
Risk: Limited to the net premium paid
POP: higher than pure call buy
Margin: approx 18k per lot required