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Thanks for your great information, how to execute a trade

In a Bullish Market

Buy Deep in the Money, ATM, ITM, OTM Calls
Sell Deep out of the Money, OTM, ATM, ITM, Puts

(Selling Puts not really advisable as it will be expensive, Risky & limited profit) so rather stick to Buy ITM calls only.


In a Bearish Market

Buy Deep out of the Money, OTM, ATM, ITM Puts
Sell Deep in the Money, ATM, ITM, OTM Calls

Can go for both Trades as Buying OTM Puts will give infinite profit & selling ITM calls will give limited profit with limited risk