Comment on Basics on Options Shorting/Writing

Shrikant Sharma commented on 28 Nov 2016, 10:56 AM

Am a newbie in trading. Have read the First options module in Varsity.I want a clarification on the most basic issue, Kindly do not laugh if this question may seem foolish to you.
If I am bullish on an underlying asset I can BUY a call option and if I am bearish on it, I can SELL/WRITE a call option. So if both the perspectives of an underlying asset are being satisfied in a single instrument [The call option], what is the need for PUT option ? Are Call buy and Put sell AND Call sell and Put buy not equivalent to each other ?
Thanks…

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