Explore Your Options by Jay Kaeppel
CREDIT SPREADS: WHEN TO USE THEM?
I think a particular stock is going to move in a certain direction but I dont have a high degree of conviction. Is there a way to play this situation other than buying calls or puts?
Most investors focus on what they think is going to happen, that is, the market will go up (or down), a particular stock or security will go up (or down), and so forth ...