Review: Another Great, Quick, Enlightening Read in the Series on Options Trading Strategies...
Rating: 5 out of 5
Date: 04 10, 2014
The book sets out what the strategy is, how to use it, the three different types of spreads and a HOW TO guide on executing the strategy to make a profit.As with the other Options Trading Strategies books Michael Young authored (all of which I read and recommend highly to get insight into options trading strategies), this one sets out the market view the strategy is appropriate to be used for, its strategic advantages and how it's executed practically.The book details how spreads are characterized in one of three ways and describes each of them:  Bear Debit Ratio Spread;  Bear Free Ratio Spread; and Bear Credit Ratio Spread.  The author also discusses the possible outcomes for all three of these spreads and cover the risks and rewards of this strategy (in this case, profits are produced no matter if the asset price falls, rises or stagnates.Bonus materials of the Free Trading Toolkit are again included with this eBook for download.Highly recommended read for options traders!