Welcome back to Options Playbook Radio! For those of you with the hardcover book, today we?re on pages 64 (short call spread) and 66 (short put spread). Or, you can find information on our discussion on OptionsPlaybook.com

Click here to access today’s episode.

Today Brian discusses:

  • They?re also known as bear call or bear put spreads
  • Using out-of-the-money options
  • Examples using calls
  • What is the maximum profit?
  • What is the maximum risk?
  • Probability of success
  • Don?t forget about commissions
  • Timeframe implications
  • And more