Debit spreads outperform naked option buying in event-driven markets

In volatile markets with elevated India VIX, expert Shubham Agarwal recommends debit spreads over naked option buying. Debit spreads combine buying and selling options to reduce premium cost, mitigate time decay, and limit sensitivity to volatility changes. Traders can use bull call or bear put spreads to benefit from directional moves with defined risk and profit, making them ideal during earnings season or amid global uncertainty.