Many friends are new to options and get confused when they hear terms like Buy Call, Sell Put, exercise, and close positions. But in fact, it becomes much simpler if you think of it as a game involving 'rent,' 'deposit,' and 'buying/selling options.' Many friends are interested in being option buyers or sellers. Today, I’ll use a down-to-earth approach to help you truly grasp the four basic strategies of options: First, everyone needs to understand a core concept—are you buying or selling options? Those who buy options: bet on a big rise or fall in the market...