Hey Mitesh, hope you are well. We all know how good you are as a trader, may be the best out there in public space. However, with due respect, would like to disagree with the above. Hoping to have a healthy debate, to clear out the popular misconceptions. Few pointers. 1/
Short options have a high probability of making a small return and a low probability of incurring a large loss. Long options have a high probability of making a small loss and a low probability of achieving a large gain. 2/