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weve all heard the thing call up put down right for options okay so its not about whether were bullish or bearish because if you buy a call youre bullish if you sell a call youre bearish so it doesnt work that way its more about the intrinsic and the break even so if you have if you have a call buy or sell it doesnt matter by itself breakeven is always strike plus premium and the intrinsic is when the market price is above the strike so if the market price is above the strike you have intrinsic or in the money on the other side on the put the put down part again its not about profit because buy put is bearish sell put is bullish if the market price is below the strike price you have intrinsic and in the money and the break even by itself when you buy or sell a put is strike minus premium so call up means intrinsic and break even above the strike and on put buy or sell doesnt matter intrinsic can break even or below the strike thank you very much
