Hi, I am trying learn options through paper trading, so if you want to really help use basic terms and spell them fully. If I think XYZ stock will go up, by about 10% in next 10-30 days and if it doesn't go up - I will get rid of it at the end of 30 days - in such situation what options strategy to apply/follow - just give the Strategy name - I will read online.
http://www.cboe.com/strategies/default.aspx (See Beginners Strategies) Buying a call is the most basic long-strategy. Study time decay, and keep in mind that even a 10% move over 30 days may not bring you a profit.
it depends on how much you think the stock can go down and how much the options are implying. there's not enough information to determine a decent options structure.
Part of trading is pressure, which can't be learned paper trading. Trade one call or one put at a time, and when the tiny money starts rolling in, (meaning you get it) expand. Good luck!
Calendar, diagonal, butterfly, bull call spread, calls, its a bad idea to buy just calls 90% of the time.
A long-dated ATM strangle on the ES is good selling a single deep in the money delta 10 put on ES that expires in 100-150 days (don't use too much leverage) go long UPRO and short ATM ES calls that expire in 150+ days to keep the delta close to neutral. short UVXY and short out of money ES call. tons of strategies