[Introduction] In the final segment of the August 12 evening session, Samuel Wong (RNF No.: WJW300873536) advanced to sophisticated strategies: how to manage risk and reduce cost through option combinations in trending and sideways markets, and how to capitalize on volatility with "bi-directional" bets. This article covers the Wheel Strategy, Vertical Spreads, and Straddle/Strangle combinations. Read more>> Samuel Wong|Options Basics — From Contract Nature to Quote Interpretation Samuel Wong|Basic Options Strategies and Risk Management — 4 Single-Leg Strategies & Case Studies [Disclaimer] The content herein is for educational purposes only