: Works in your favor; you profit as the option nears expiration if the stock is above the strike. Buying a Call (Bullish) :
is generally better when IV is low , making the options cheaper to purchase. Probability of Success : selling puts vs buying calls
Selling puts typically has a because there are multiple ways to profit (stock goes up, stays flat, or drops slightly). : Works in your favor; you profit as
: Substantial risk if the stock price tanks, as you are obligated to buy the stock at the strike price. : Works in your favor
is often preferred when Implied Volatility (IV) is high , as you receive more premium for the risk.