Looking at a put spread in FCX
Download Options Playbook Radio 160: FCX Debit Put Spread
Last week’s episode looked at a backspread with calls. That strategy is on page 83 of the Options Playbook. This week, we will cover a debit put spread, which is on page 62.
In this session, Brian covers:
- A review of last week’s AMD backspread
- Why look at FCX?
- Why a long put spread?
- Erring on the side of being too short or too long
- Intrinsic value considerations
- Picking strikes and expiration dates
- Buing as much time premium as selling