Not financial advice. Options involve risk and are not suitable for all investors. Data is delayed up to 15 minutes.
Buy an OTM call and sell an OTM put for leveraged bullish exposure, or invert the legs for bearish exposure.
Buy an OTM call and sell an OTM put for leveraged bullish exposure, or invert the legs for bearish exposure. This strategy has a bullish outlook and undefined risk.
Unlimited upside
Large downside risk from the short put
Call strike + net debit, or call strike - net credit