Aha! Bullish on volatility, I like that. Can I suggest a Long Strangle or a Long Straddle? Unlimited profit if price rises or falls, limited loss if the price remains semi-static.


Aha! Bearish on volatility, I respect that - a bit of stability would be nice after the recent roller-coaster ride. Can I suggest an Iron Condor or an Iron Butterfly? Limited profit if your low-volatility prediction holds, limited losses if it doesn't.