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Saturday, February 13, 2010

Weekend Quote from a Book - Bull call or bear put options spreads

Bull call or bear put spreads can work if the market goes exactly where you think it is going to go and stays there. But it has to be there at or near expiration to really make it worth your while. In other words, you not only have to pick where the market is going, you also have to decide when it is going to be there. And that can be very difficult to do.

- Source: The Complete Guide to Option Selling, Second Edition

by James Cordier & Michael Gross

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Labels: quotes, WQ

posted by Little Rishi @ Saturday, February 13, 2010

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