> For the complete documentation index, see [llms.txt](https://docs.arrow.markets/arrow-markets/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.arrow.markets/arrow-markets/learn/options-beginner/beginner-strategies.md).

# Beginner Strategies

### 📈 Long Call

&#x20;Investors take a long position by buying or holding a call option. This bullish strategy aims to profit from an asset's price increase without owning the asset.

## 🐻 Short Call

Investors take a short position by selling or writing a call option. This bearish to neutral strategy potentially profits from a decline in the underlying asset's price.

## 📉 Long Put

&#x20;Investors take a long position by buying a put option. This bearish strategy aims to profit from a decline in the underlying asset's price.

## 🐂 Short Put

Investors take a short position by selling a put option. This bullish-to-neutral strategy potentially profits from a rise in the underlying asset's price.
