What is the recommended strategy for trading options when volatility is expected to increase?

"Sell options" "Buy options" "Hold existing positions" "Avoid trading options"

According to the text, when should you buy OTM (Out of The Money) options?

"When volatility is expected to decrease" "When the target is expected to be achieved quickly" "When the target is expected to be achieved close to expiry" "When trading in the second half of the series"

What is the primary factor influencing the choice of option strike when buying options?

"Current market price of the underlying asset" "Investor's risk tolerance" "Time to expiry" "Brokerage fees"

What is the recommended strategy for trading options when volatility is expected to decrease?

"Buy options" "Sell options" "Hold existing positions" "Avoid trading options"

What type of options are generally recommended to buy when the target is expected to be achieved on the day of expiry?

"OTM options" "ATM options" "ITM options" "Any option type is suitable"