NISM Series 8 (NISM VIII): Equity Derivatives Certification Exam Notes
Page 43 Of 102
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Bear Put Spread: Buying a higher-strike put and selling a lower-strike put for bearish outlook.
Bullish Vertical Spread: Using calls or puts to profit from moderate price increases.
Bearish Vertical Spread: Using calls or puts to profit from moderate price declines.
Straddle: Buying a call and put with the same strike for large price swings.
Strangle: Buying a call and put with different strikes for large price movements.
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