Debit Spreads Made Simple: A Defined-Risk Way to Trade Direction — Bull Call and Bear Put Spreads, and How to Stop Overpaying for a Market View (The Defined-Risk Options Library) - Softcover

Book 2 of 5: The Defined-Risk Options Library

Mattson, Eric

 
9798184884882: Debit Spreads Made Simple: A Defined-Risk Way to Trade Direction — Bull Call and Bear Put Spreads, and How to Stop Overpaying for a Market View (The Defined-Risk Options Library)

Synopsis

Have a view? Stop overpaying to trade it.

If you think the market is going up — or down — buying a call or a put feels like the obvious move. It's also usually the expensive one. You overpay for time you don't need, decay bleeds you a little every day, and you can be right on direction and still lose money.

The debit spread fixes most of that. You cap your cost, cap your risk before you enter, and stop paying for the home-run tails you never really believed in. Debit Spreads Made Simple teaches the two core directional trades — the bull call spread and the bear put spread — in plain English, with the actual risk-and-reward math and worked examples drawn from real historical data.

Inside you'll learn how to:

  • Build and place bull call and bear put spreads, step by step
  • Pick strikes, width, and expiration to match how big a move you actually expect
  • Calculate your true max profit, max loss, breakeven, and the move you need to win
  • Read implied volatility to buy when options are cheap, not expensive
  • Decide — every time — whether to buy the option outright or buy the spread
  • Size and manage directional trades with rules, so being wrong stays survivable

With plain-English explanations, payoff diagrams, real worked examples, and a one-page checklist you can use on your next trade, this is the directional-options guide that finally answers the question every trader should ask first.

Book 2 of The Defined-Risk Options Library. Reads great on its own — and pairs with Book 1, Credit Spreads Made Simple.

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