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
Put Debit Spread
View: Bearish
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 Put buy
Margin: approx 18k per lot required
Long Straddle:
View: Big move in either direction
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Reward: Unlimited
Risk: Limited to the net premium paid (high)
POP: high
Long Strangle:
View: Big move in either direction
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Reward: Unlimited
Risk: Limited to the net premium paid (Lower than Straddle)
POP: Lower than Straddle
Long Guts:
Similar to Strangle but buying ITM options
View: Big move in either direction
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Rwrd: Unlmtd
Risk: Lmtd to the net premium paid (< Straddle)
POP:
Strip:
Buy 2 lots of ATM Put and Buy 1 lot of ATM Call
View: Big move in either direction (Bearish Bias)
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Reward: Unlimited
Risk: Lmtd to the net premium paid (high)
POP: high
Strap:
Buy 2 lots of ATM Calls & Buy 1 lot of ATM Put
View: Big move in either direction (Bullish Bias)
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Reward: Unlimited
Risk: Lmtd to the net premium paid (high)
POP: high
Long Iron Fly

View: Move expected in either direction
When to make: When market is rangebound for long time & move is expected or an event is upcoming
Reward: Limited
Risk: Limited
POP: Very High
Long Call ButterFly (Same as Long ironfly but made only from Calls)
But sometimes better rewards
View: Move expected in either direction
When to make: When market is rangebound for long time & move is expected or an event is upcoming
Reward: Limited
Risk: Limited
POP: Very High
Long Put ButterFly (Same as Long ironfly but made only from Puts)
But sometimes better rewards
View: Move expected in either direction
When to make: When market is rangebound for long time & move is expected or an event is upcoming
Reward: Limited
Risk: Limited
POP: Very High
Long Iron Condor
View:, Big Move expected in either direction
When to make: When market is rangebound for long time & Big move is expected or an event is upcoming
Reward: Bigger
Risk: < IronFly
POP:
(also have Similar results for Long Call Condor & Long Put Condor)
Bullish Long Call Ratio Spread
Short ATM Call & Buy 2 OTM Calls less than half price of ATM Call
View: Bullish
When to make: When market is rangebound for long time & move is expected upside
Reward: Unlmtd upside & Limited downside
Risk: Lmtd if market is rangeboud
POP: Very High
Bearish Long Put Ratio Spread
Short ATM Put & Buy 2 OTM Put less than half price of ATM Put
View: Bearish
When to make: When market is rangebound for long time & move is expected upside
Reward: Unlmtd downside & Limited upside
Risk: Lmtd if market is rangeboud
POP: Very High
Strangled Strip
Buy 2lots of OTM Put & Buy 1lot of OTM Call
View: Big move in either direction (Bearish Bias)
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Reward: Unlimited
Risk: Lmtd to the net premium paid (low)
POP: low
Strangled Strap
Buy 2lots of OTM Call & Buy 1lot of OTM Put
View: Big move in either direction (Bullish Bias)
When to make: When market is rangebound for long time and big move is expected or an event is upcoming
Reward: Unlimited
Risk: Lmtd to the net premium paid (low)
POP: low

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Unfortunately the "This work includes the identification of viral sequences in bat samples, and has resulted in the isolation of three bat SARS-related coronaviruses that are now used as reagents to test therapeutics and vaccines." were BEFORE the


chimeric infectious clone grants were there.https://t.co/DAArwFkz6v is in 2017, Rs4231.
https://t.co/UgXygDjYbW is in 2016, RsSHC014 and RsWIV16.
https://t.co/krO69CsJ94 is in 2013, RsWIV1. notice that this is before the beginning of the project

starting in 2016. Also remember that they told about only 3 isolates/live viruses. RsSHC014 is a live infectious clone that is just as alive as those other "Isolates".

P.D. somehow is able to use funds that he have yet recieved yet, and send results and sequences from late 2019 back in time into 2015,2013 and 2016!

https://t.co/4wC7k1Lh54 Ref 3: Why ALL your pangolin samples were PCR negative? to avoid deep sequencing and accidentally reveal Paguma Larvata and Oryctolagus Cuniculus?