If trading was simple, we’d have a lot more billionaires in the world. And, well… I’d be out of a job.
I spent a good chunk of my early career learning the ins and outs of what it takes to be successful in the markets…
I’ve also been fortunate to have some top-notch teachers along the way who helped make seemingly complex ideas simple to understand.
So when all of that hard work started to pay off for me, I felt it was my duty to pay it forward by doing what I can to help narrow the information gap between everyday traders and the big intuitions.
That’s what I wanted to do with today’s video, because judging by the number of emails and comments I get, option spread strategies are far and away the most confusing issue out there for beginning options traders…
But it doesn’t have to be that way.
How to Trade With Options Spreads 101
No marketing – No B.S.! I want to show you how easy it is to place a credit spread… Join me live on Monday, June 28 and you can take the trade, too!
Today I’m going to show you two ways to use options spread strategies when trading.
If you’re new to spread trading, or if you’ve heard the term but don’t really get what it means, then this should help you visualize exactly what’s going on.
Because options spread strategies are a powerful tool in the belt for any trader. And they offer a few advantages that are hard to come by with a straight-up call or put option.
Options spread strategies can help manage risk, either by capping downside exposure or helping to offset the cost of getting exposure in an expensive options chain.
In the quick video below, I’ll walk you through how I set up a bull put and a bull call spread using apparel giant Nike Inc. (NYSE: NKE), which just crushed earnings, and the much more volatile Roku Inc. (Nasdaq: ROKU) as examples.
As always, you can follow me on social media @lanceippolito on Twitter and Instagram. And don’t forget to subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video!
P.S. Just because the market is an unpredictable mess doesn’t mean our financial situations also have to be…
That’s why former Bear Stearns trader Jeff Zananiri is sharing his greatest money-making strategy…
He relies on a little-known market anomaly that could help traders see double, triple or even 20 times their money. It’s incredibly consistent and can work no matter what type of market we’re in.
Heck, it even helped one former hedge fund trader make $1 million in just 30 minutes!
Here’s how it works.