> For the complete documentation index, see [llms.txt](https://hegic-1.gitbook.io/hegic/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hegic-1.gitbook.io/hegic/hegic-options/classic-options.md).

# Classic Options

## Strategies

* Call and Put
* Strap and Strip
* Bull Call Spread and Bear Put Spread
* Straddle and Strangle

Classic options ***can*** be exercised before the expired date.