@Xenophon @JulioReich @Terry I've won a few "FDs", but mostly I buy itm calls or sell covered calls. I don't like puts because the few times I've used them on situations where I was sure a loss would occur I either lost money or broke even. You don't have to go that deep in the money though because of volatility. People will sell covered calls close to money line to offload stuff for extra money (option premium) in the process, with the idea that they can possibly get to keep their shares if it doesn't hit.