Disclaimer: None of the following is legal or financial advice in anyway, and respective advice should be sought from an appropriate professional.

Recently I wrote about whether options contracts were confusing or not and it can easily be argued that I perhaps didn’t exactly put many minds at ease … especially when I went as far as to say that there are strategies that can be used for any sort of market situation, or that there were up to 20 various strategies that can be used with certain variations … before I suggested that you realistically only to know about 3-5.