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Explain the functioning of Call options and Put Options in detail. Please show the payoff diagrams for both strategies. Explain the following Option strategies: Long

  1. Explain the functioning of Call options and Put Options in detail. Please show the payoff diagrams for both strategies.
  2. Explain the following Option strategies:
    1. Long Put
    2. Bear Put Spread
    3. Short Straddle
  3. Would warrants be a good alternative for trading options

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