| Strategy | Action | Legs | Risk Profiles | Best When |
|---|---|---|---|---|
| Naked call | But 1 ATM call | 1 | Unlimited | Strong Conviction |
| Bull call Spread | Buy ATM call + sell OTM call | 2 | Limited | Moderate upside |
| Bullish Ratio spread | buy 2 ATM calls + sell 1 OTM call | 3 | Unlimited | Volatile markets |
| Bull put spread | Sell ATM put + Buy OTM put | 2 | Limited | midly bullish |
| Bull put ladder | Sell ATM put + Buy OTM put + buy deep OTM put | 3 | Unlimited | high volability |