I want to understand what bullish income strategy is. Could you explain it to me in simple terms, including how it works and what its main characteristics are?
5 answers
CherryBlossomBloom
Tue Oct 29 2024
It involves selling a put option that has a higher strike price.
Sebastiano
Tue Oct 29 2024
Simultaneously, a put option with a lower strike price is purchased.
Silvia
Tue Oct 29 2024
The key aspect of this strategy is that the underlying stock and expiration date remain the same for both options.
Martina
Tue Oct 29 2024
The main objective is to generate profits by selling the more expensive option and using the cheaper one as a hedge or protection.
EthereumLegend
Tue Oct 29 2024
The bull put spread strategy is a financial technique used in options trading.