> For the complete documentation index, see [llms.txt](https://catpull-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://catpull-1.gitbook.io/hegic/buying-options/bearish-options.md).

# Bearish Options

Hegic offers four different types of bearish options:

* [Put](/hegic/buying-options/bearish-options/put.md)
* [Strip](/hegic/buying-options/bearish-options/strip.md) (Classic Strategy)
* [Bear Put Spread](/hegic/buying-options/bearish-options/bear-put-spread.md) (Classic Strategy)
* [Bear Call Spread](/hegic/buying-options/bearish-options/bear-call-spread.md) (Inversion Strategy)

## What are *one-click* strategies?

There are numerous way to create different payouts in options trading by buying or selling options with different strike prices and different market sentiments **at the same time.** This is what is considered as a **strategy.**

Hegic offers multiple different strategies as a single structured options product, throughout all four different market sentiments. 

## What is the difference between Classic and Inverse strategies?

The Classic strategies require a manual exercising before the expiration, while P\&L on Inversion strategies will be distributed automatically if the price won’t reach the maximum loss zone at the time of expiry.

Inversion strategies include selling (writing) of options as a part of the strategy, which means they can't be exercised before expiry.