How do I choose the right strike price when buying an option?

How do I choose the right strike price when buying an option?

Strike selection depends on your risk appetite, target move, and time to expiry. ATM (At-the-Money) strikes are most sensitive to price moves, while OTM strikes are cheaper but require a larger move to profit. F&O Universe’s Strategy Builder and Option Chain show live Delta, IV, and premium for every strike, making it easy to compare and pick the strike that best fits your trade setup.