I am patiently waiting for the new video cards to be released. There are some graphical options in games that are available only in Nvidia as far as I know?
I just want to know if I buy amd card will I be limited not to use some graphical options in games. Otherwise I know that they are faster with async in dx 12 but I also care about the quality of the graphics a lot.
I would not openly encourage supporting horrendous business practices of proprietary graphics tech that splits the gaming community on purpose to sell hardware and throwing marketing $$$ at developers to cripple the competition with proprietary DLLs, but in your case, your CPU is simply too slow to consider any modern high end AMD GPU.
Should You Upgrade From Core i5 2500K to i7 3770K?
https://www.youtube.com/watch?v=2ZxZiksWtRQ&app=desktop
As such, you basically have to go NV for 1080p due to DX11 driver overhead on slower CPUs with AMD. Having said that, even for NV, anything above GTX980 will be bottlenecked by a stock i5 2400. Some games like GTA V, Fallout 4, Crysis 3, Etc. will be bottlenecked by an i5, period. As I already told you, you will need to start looking on a game by game basis and consider using DSR, higher AA modes to shift the load to the GPU. Generally speaking, most games are GPU limited but it also makes little sense to pair a $600+ modern 14nm card with a 5.5 year old stock bottom end i5.
i5 2500K @ 4.5Ghz is still a major bottleneck in GTA 5 at 1080:
http://m.pclab.pl/art65154-29.html
Here is more testing at 1080p between and overclocked i5 and 6700K. In some games, the i5 gets murdered, esp. In minimum frame rates.
http://forums.anandtech.com/showpost.php?p=37684080&postcount=4726
If you have a 1440p monitor or plan to use DSR/VSR, or won't play some of those games, it's foing to shift the burden to the GPU. Otherwise, yes, your CPU will bottleneck even a 980/970 OC.