Click here to access this episode of Options Playbook Radio.
For those of you with a copy of the Playbook, we?re on page 60. If you are following along on OptionsPlaybook.com, look for the Long Call/Put section.
Today, Brian discusses:
- What does it mean to have a ?long? spread?
- Bull call spread, bear put spread.
- Vertical spreads
- What does it all mean?
- Crafting a P/L graph without owning the stock
- Risks and rewards are limited and known
- Common misunderstandings