Options have a lot of features that make them adaptable to many different circumstances and outcomes. For example, unlike stocks, options place a value on time. As you may have guessed, you can either be the buyer or the seller of that value, depending on your outcome.
Time is just one of seven features of an option! Considering these features as a buyer or seller in a bullish or bearish context, there are hundreds of combinations of options trades. Now, start combining multiple trades into a strategy, and you end up creating an encyclopedia of ideas!
That may be interesting for writing option strategy books, but it is not very practical for you. The key is to understand the basics, clarify your outcome, and focus on the very best, high-performing strategies for your situation. That's what you'll learn in Level 2 of Option Essentials.