Four different ways to play markets when you are unsure of the direction

Just as you can buy calls when you are bullish and puts when you are bearish, you can combine the two when you are in a directionless market.

Options give you the opportunity to trade with limited risk. For example, when you are bullish on the stock or the index, you can buy a call option and when you are bearish you can buy a put option. In case you are moderately bullish or moderately bearish, you have strategies like a bull call spread or a bear put spread respectively. But all these strategies are fine when you have a

view on the direction of the market. What if your view is that the direction of the market cannot be known? Is there is a strategy for that? Firstly,