> 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/low-volatility-options.md).

# Low Volatility Options

Making profits when market is trading sideways

There are two different strategies that can be acquired on Hegic to make profits in low volatility situations:

* [Long Butterfly](/hegic/buying-options/low-volatility-options/long-butterfly.md) (Inversion strategy)
* [Long Condor](/hegic/buying-options/low-volatility-options/long-condor.md) (Inversion strategy)

Most important things to know about low volatility option strategies:

1. Make profits when market volatility is low
2. Immediately in-the-money (in profits) after purchasing a strategy
3. P\&L for low volatility one-click option strategies is distributed automatically

{% hint style="info" %}
**Keep in mind that with these new one-click option strategies you will have to wait until expiration to make a profit (if any). You won’t be able to change the parameters of the active strategy or exercise it before the expiration.**
{% endhint %}
