Review: Step-by-Step Guide to the Bull Put Spread Strategy - An Essential Read for the Options Trader...
Rating: 5 out of 5
Date: 04 10, 2014
This book sets out, step-by-step, how to execute the Bull Put Spread strategy to help an options trader make consistent profits.The book provides a practical example and the possible outcomes that can come of it so the reader clearly understands the strategy in play.The author sets out the advantages of this strategy, including that the position is in profit even if the underlying asset price remains unchanged. If the asset rises in price, the bull put spread makes a profit (though it's limited in potential profit, as is explained in the book).  It is also limited in its losses.  These are the benefits of this type of strategy.This is an essential read for an options trader and comes with BONUS materials:  the free downloadable Trading Toolkit.  5 stars - highly recommended.