Explore Your Options by Jay Kaeppel
THE USEFULNESS OF BULL CALL SPREADS AND BEAR PUT SPREADS
I have read a lot about the bull call spread and feel like I understand it pretty well. But I am wondering when is the best time to use these strategies versus simply buying stock or buying a call option.
There are many situations when a bull call or bear put spread can make sense. First, lets define these types of trades ...