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Understanding Options 2E, 2nd Edition by Michael Sincere

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19

Credit and Debit Spreads

Some of you have waited a long time to learn about the intermediate and advanced option strategies. Perhaps you took an expensive seminar or class and need a quick review. Or perhaps you are planning on taking a class (or the Series 7 exam) and want to know what to expect. Nevertheless, the strategies included in Part 5 are the playground of the experienced investor. Many of these strategies, such as spreads, are quite intriguing and flexible.

It makes sense to understand these strategies. After all, your ultimate goal is to gain an edge over other traders. By learning all the strategies in this book, you will be one step closer to that goal.

In Part 5, you will be introduced to credit and debit spreads, straddles ...

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