Options Playbook Radio 30: Long Spreads


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