Part 1 Intraday Master Class

1. Directional Trading

Trader expects market to move up or down.

Buying Calls (bullish)

Buying Puts (bearish)

Selling Calls (bearish)

Selling Puts (bullish)

2. Non-Directional Trading

Trader expects market to remain in a range.

Straddles

Strangles

Iron Condor

Butterfly