Pro traders use advanced options strategies to manage risk and maximize profits. Some popular ones include covered calls (earning premium while holding stock), protective puts (insurance against price drops), straddles and strangles (betting on volatility), iron condors (earning from stable markets), and spreads like bull or bear spreads (limiting risk while targeting gains). These strategies help traders adapt to different market conditions—whether bullish, bearish, or sideways—by balancing reward with controlled risk.https://navia.co.in/blog/combined-option-premium-how-pro-traders-using-it/

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