The Vertical Spread Options Strategies (The ULTIMATE In-Depth Guide)

In this monologue podcast, the speaker delivers an educational session on options trading, specifically focusing on vertical spreads. The speaker begins by defining vertical spreads and differentiating them from individual option trades, then introduces four main vertical spread strategies: bull call spread, bull put spread, bear call spread, and bear put spread, detailing their construction, risk profiles, and performance through real-world examples. The podcast further explores the factors influencing vertical spread profitability, such as time to expiration and implied volatility, and offers guidance on selecting the appropriate strategy based on market outlook. The session concludes with a discussion on the implications of holding vertical spreads through expiration, early assignment risks, and general recommendations for managing these option strategies.