Options Playbook Radio 142: Back Spreads with Puts in the S&P500
As promised last time, we are looking at one off trades. You can find this in the back spreads section of The Options Playbook, on OptionsPlaybook.com, or in the Amazon Kindle version.
Specifically:
- How to protect ourselves around the election
- How do back spreads work?
- What are we likely to gain?
- What are we likely to lose?
- What if we ride until expiration?
- What is the likelihood of a net credit?