Options Playbook Radio 41: Back to Backspreads


In this episode, we cover backspreads. If you’re playing along at home with the hardcover book, this means we’re on pages 84 (calls) and 87 (puts). If you’re following along online, you can find all of this at OptionsPlaybook.com.


Today Brian discusses:

A review from last time
Looking at an example with Chevron
What do we need to happen?
What is the risk?
What to look for between backspreads and straddles?
Why do a backspread?
And more…