Option strategies - the last frontier

Is it worth at this point memorising all the profit, max loss / gain equations for the equity startegies?


try and get over the basics like when each strategy should be used e.g. straddle for when you expect a volatile market but unsure of direction, protective put when you need downside protection. i’d assume it appears more often in the pm section so you might be able to make an educated guess, but q7 from 2010 exam had 10 points dedicated to options where you had to do the calculations.