Day 1: Vertical Spreads

Lesson /35 | Study Time: 50 Min
# Vertical Spreads

## Bull Call Spreads
- Strategy mechanics
- Risk/reward profile
- Entry criteria
- Management rules

## Bear Put Spreads
- Setup guidelines
- Maximum risk/reward
- Exit strategies
- Adjustment techniques

## Implementation
- Strike selection
- Expiration choice
- Position sizing
- Entry timing

## Advanced Concepts
- Multiple contract management
- Rolling techniques
- Legging in/out
- Spread width selection