In a large clean saucepan, add sugar. If desired, add a little bit of water and lemon juice to evenly distribute the sugar crystals and prevent crystallization.
Keep the sugar on high heat and don't touch the pot until it begins to take color. For three-quarters of a cup of sugar, it will take about eight minutes for color to appear at the edges.
Gently swirl the pot to evenly distribute the color. When it starts to turn a dark amber color or reaches 348 degrees (if using a candy thermometer), remove from heat.
Immediately stir in heavy cream with a long-handled wooden spoon. If using butter, stir it in until fully incorporated.
Let cool and enjoy your smooth, rich, buttery homemade caramel.
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