Bull Put Spread TUTORIAL [Vertical Spread Options Strategy]

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Information Bull Put Spread TUTORIAL [Vertical Spread Options Strategy]

Title	:	Bull Put Spread TUTORIAL [Vertical Spread Options Strategy]
Lasting	:	20.15
Date of publication	:
Views	:	162 rb

dear i am a beginner from italy, i ask you if is better broker IB tws or Tastytrade or your tastywork ??? thanks
Comment from : @bertoflavi9568

I've just begun learning, I enjoy your examples bc you show graphs with price effects Thanks
Comment from : @unclem4626

well presented with clear and concise explanations and examples - thanks
Comment from : @silverBullAU

This is the best put spread explanation It is direct, simple with good examples Very good job
Comment from : @williamko4751

This is my favorite strategy - Time decay helps you, Conservative strategy
Comment from : @eversunnyguy

How do you determine what DTE to choose?
Comment from : @DimitriZen

Great explanation, my only complaint is that it's missing the formal credit for your Whiteboard
Comment from : @aurinator

Thanks a lot 🎉
Comment from : @OSAJAYI

Dude doesn’t blink😂
Comment from : @eleanorli9077

this is a good video but why cant I still not understanding this? maybe this is not for me?
Comment from : @shaolongchen

I like how you've explained the downside or risk of what can happen with the option spread There are a ton of people explaining options on YT and most only say "look at how you can win!" That gets annoying to me personally, because it is all just somewhat calculated guessing/ betting in the end and you should know exactly what happens, if you bet wrong
Comment from : @scottamolinari

Why is something so clearly and beautifully explained so impossible for me to understand? I'll try listening a fifth time
Comment from : @thomasthetankengin7722

Par-ti-cu-lar (four words)😄
Comment from : @markpillay4222

What if the stock goes below the first put, and you get put (obligated to buy), but the stock doesn't fall enough for YOU to put on others, and, because we used a spread we sold & bought more contracts than we actually have cash to buy so many shares of the puts we sold?brbrIsn't that the real max loss scenario? brbr(I'm new, so genuinely wondering)
Comment from : @Discovery_and_Change

Do you a course on how to read the chart ? I mean I know it's impossible to know if the stock price is going up or down, but I know that if you know how to read the market, at least you would have an idea
Comment from : @manuelguerrero9917

Super helpful! Thank you!
Comment from : @nicoGZo

outstanding
Comment from : @fooling6373

Like always a great lecture
Comment from : @shahidahmad701

Man I’m still confused on how you can start by selling a put first? Don’t you have to already own one or have the shares to cover it?
Comment from : @asakinzel4795

is this also called a vertical?
Comment from : @dougtwigg3285

Blink, man Blink!!
Comment from : @Hotepsekhemwe

Are there any adjustments you would make for doing this weekly?
Comment from : @happyhamster1411

Ty
Comment from : @Silvertestrun

Best ever Thanks
Comment from : @donalddomingo674

Great education lecture
Comment from : @louisthompson1020

When selling puts there are collateral requirements right? So wouldn’t I have to have $9000 if the price of the strike was $90?
Comment from : @abdulg4762

So you prefer put spreads of cash secured puts?
Comment from : @jjseandxcefree

The only problem of this strategy when there's a big drop in underlying stock price, worst if you're in margin Since nobody knows when it will drop, thus it really a gamble and you have to be aware on that regardless whatever chart you use Stop loss doesn't help!
Comment from : @chocotv3573

One thing I do not fully understand: Can't an option be exercised any my sold option assigned at any time even prior to expiration? So if there was a stock that is $100 dollars and I do a 95/85 put spread, couldn't I be assigned the moment the stock price hits $94 for example and I'd end up with 100 shares @ $94 while my long put at $85 was still OTM? So I'd have to sell the 100 shares at market value, incuring a loss, or hold and see if I can sell my $85 put to cover some of the loss?
Comment from : @DarkbaseTTV

hi why we should do this when we can just long a call its limited risk but unlimited profit but we have limited profit here can some one give me some hints thank you
Comment from : @ulfasarthebrave

Very easy to understand, tks
Comment from : @ytspangler

You're the best coach I've seen so far on YouTube, really well explained, very easy to understand, thank you brQuick question, if Max Profit > Max Loss in any credit strategy does that mean I'll still make the difference even with a loss on the trade？
Comment from : @paulliao7881

Hi, great channel Just have a question, if both the puts are in the money and if I can sell the long put for less loss than max loss near expiry is it ok to let the short put be exercised? (this is etf optionbr so it can only be exercised at the expiry date) I don't mind having a position and will do the wheel strategy on the exercised 100 sharesbrbrShort put strike at $42 premium $415 and long put at 38 premium was at 264 I can sell the long put for say 330
Comment from : @satriowicaksono8791

great video;may be show strategy to exit the trade
Comment from : @amoljadhao9676

Love the videos I would remind your viewers to avoid (pin) risk by closing your position before exp Ever get caught holding the bag
Comment from : @MonteCristoKaramazov

As far as im concerned this is THE BREAD AND BUTTER OPTIONS INCOME STRATEGY for this bull market we've been in for the last few years Now after this week its time to reverse and start selling CALL spreads
Comment from : @scottsmith4145

Do you prefer put spread over call spread?
Comment from : @mikeylovespizza4012

Thanks
Comment from : @kevinlue4756

What I can't figure out is this: At the exact moment the stock price falls below the Short Put Strike Price, wouldn't the Short Put Option instantly be exercised?
Comment from : @silent4fail

Great Explanation, thanks a lot
Comment from : @Karthiram1

Thanks Chris for an insightful lesson If both positions are in the money, should I exercise the long put or the broker will do it? Thanks
Comment from : @MyNguyen-qp5zd

Detailed and to the point explanation, So helpful
Comment from : @vipulyevle6380

Thank you sir! Very good content
Comment from : @mono_onamoto

Is it possible to experience early assignment before day 38 once the short put becomes ITM?
Comment from : @munster1404

Love 💘
Comment from : @dromprakash1639

Great video, so the Bull put spread is the same as a Long put vertical? Thank You
Comment from : @billLatham

Chris - another great video I'm curious how you're generating the spread price graph found @8:55? Did you design it or is it part of a trading system graph? Need a visual to show my options position's P/L Thanks!
Comment from : @steventon2999

Excellent video! Question: Can I "roll" with this strategy to avoid losses and delay assignments?
Comment from : @albadriali

In the last FAQ what if u do not have enough $ to buy the 100 shares? Will the broker sell the shares automatically at the market price so u don't take ownership of the shares?
Comment from : @TK-hw6jk

The "max Loss" doenst make sense to me Unless you buy back your position on expiration, If the trade goes against you you would have to purchase the shares from the SECURED PUT you sold That costs considerably more than "max loss" am I wrong? asking for a friend
Comment from : @TheKungfudan

Chris you are an awesome i would like to learn in person any chances? 😊
Comment from : @Mann-qn7fr

Information is great Music is bizarre and distracting
Comment from : @yingnyang

Excellent love the content and the speed, at which it is delivered
Comment from : @trgastro

Very Good ContentbrThank You Very Much
Comment from : @SureshP-ug1ei

How do we choose the strike of the options we buy? Is it the dollar value of the spread we can afford to lose?
Comment from : @stephengrant6316

Dudeyou always over explain
Comment from : @davidpayne871

Bink man! Blink! I dont think you blink once in this video Editing I suspect, butlol
Comment from : @Jp421JP

So Bull Call Spreads are very similar to trading Forex but with max losses?
Comment from : @lineage13

Best time todo? Up or down market? As notice put skew means buying otm put is expensive
Comment from : @nixodian

Hi ChrisI've been trading vertical put credit spreads and I want to track them on a spreadsheet I created an Excel sheet that worked for a while but when the trade didn't work out I had to do rolls and in some cases I went into iron condors etc My trading quickly outgrew my spreadsheet Do you have any recommendations for a spreadsheet that will keep track of the profit and losses I am making on my trades?
Comment from : @markforest7163

Valuable content 😊 keep it up
Comment from : @shubhamjadhav972

The best explanation I've ever seen
Comment from : @ericd878

Hi Chris, upon expiration, is it possible to get assigned by the OCC if you are $001 positive on Buy Put leg of the spread? I am new to option!
Comment from : @solaninepong8412

Is there a difference between a call debit and a put credit?
Comment from : @tonysoprano1454

Thank you! Great videoagain :)
Comment from : @mariogeorgiev3745

This is wrong, you said the stock expired @ $68195 but your trade expired over $700
Comment from : @mayhem1974

do you always let these expire? or would you close out before expiration usually?
Comment from : @DuskSkullin

What if the spread buyer exercises his option at day 38 or are you dealing with the Options Clearing Center and they are not allowed to do any exercising?
Comment from : @kiflelk

so always close your spreads if in the money?
Comment from : @LudwigRomero

you are the best
Comment from : @adityapatnaik6079

how did you make $180500 when you lost the money you spent on the put?
Comment from : @cofieleven

How to close bull put if stock decrease and buyer swll the stock ? And how to clisw buy put ? Waiting expired ? Thanks
Comment from : @uangku60

Amazing explanation
Comment from : @markenelzele3779

Wait, so you need to own a put previously so you can sell it right?
Comment from : @loudrockacdc

Great video! How to choose between Long call spread vs Short put spread which are both bullish
Comment from : @adamchan2087

@projectoption hey man, thanks for your work! question: in case a bull put spread gets exercised, the seller keeps the premium correct?
Comment from : @bagalao77

Another great video lesson on options trading, Chris Thank you Been weighing the P/L potential of Puts VS Bull Put credit spreads As you said, comes with less a profit than average puts, but less loss as well
Comment from : @Sarasdad91

Thank you for sharing, now i have a better understanding of whether i will be assigned or not, from the last part of the video Thanks again
Comment from : @bimmerman2946

Great video!
Comment from : @josephjames2599

Great video: I have a question If you are bullish on the stock wouldn’t it make more sense to buy the safety put contract at a further out time frame to give your underlying stock a chance to move back up instead of instantly selling out of the entire position and booking the loss straight away If you are overall bullish on the stock wouldn’t this be a more optimal strategy You’d make less because you’d pay higher premium for the “insurance” Or does this not work?
Comment from : @heyitsanthony6366

Hi Chris at the end of the video, you said that if the stock price is below the short put's strike but above the long put's strike, will end up with purchasing 100 shares of stock (per put) Is it still going to happen even if I didn't have enough cash/net liquid to purchase the 100 shares? in other words, I get 100 shares of stock at Break Even?
Comment from : @Tujuhub

thanks Chris; great video
Comment from : @jamie200827

Do you ever blink pal?
Comment from : @RipplingSoul

If English is not your 1st language, you may find he speak a little fast and your mind can't process quick enough i suggest going to the setting and reduce the speed to 075x It worked for me This video is by far the best in describing the logic behind the strategy
Comment from : @bathsalt79

i dont know, I really like this guy & the knowledge he is dropping I feel like these vids will be like classic hits that go on for millions of views Smooth, concise and to the point Me? Option exits strats are my issue
Comment from : @Sean-xu5ti

power!
Comment from : @hussainmohdamin

Fml
Comment from : @vicstalr

love your videos, they are money! keep it up
Comment from : @frankmanson3

what are the steps of exiting the Put Credit Spreads? TIA
Comment from : @RJ-ez4ne

Hi there, again great video I personally just confused why would someone go for a P&L Ratio of less than 2:1 with such a strategy? You mentioned this strategy has a win-rate of above 50 which is nice, given that proper TA was done However, why would someone risk 4K to make 18K? Yes, you did minimize your risk, however, there is still potential that you might get hit big time Could you elaborate on that please?
Comment from : @gordonraddy

You nailed it man these are getting me through my exam
Comment from : @haydenhenderson5954

I have a question if anyone can help me out Say in the first example, when the stock price dropped and the Short Put became ITM, is there a chance that you will be assigned at this time and forced to take the loss? If so, how likely is this to happen?
Comment from : @coolguy9616

Few questions Mike:br1 Can I leave the spread to expire worthless without taking any steps? Will that affect my net credit?br2 I got a spread in my account nowbrStock price: 530br500 buy 810br510 sell 1142brNed credit of 332brbrIf I close my spread now it says cost of trade is $440 Which is a loss despite stock being above the strike prices
Comment from : @devilangel036