1. **Volatility Protection**: Open both long and short positions in volatile markets to profit from either direction while minimizing losses.
2. **Locking in Profits**: Secure gains by opening a short position when unsure about the next price move while holding your profitable long.
3. **Arbitrage**:
4. **Swing Trading**: Trade short-term dips or rises without closing long-term positions.
5. **Reducing Drawdown**:
6. **Event-Based Trades**:
