Noah Wexler – Verticals: Get Paid to Stay Between the Lines

Vertical Spreads (AKA credit spreads) are an advanced options strategy that involves buying a CALL or PUT and selling another CALL or PUT at the same time. This simultaneous purchase creates the “spread”. The CALLs or PUTs of a spread also have the same expiration, but at different strike prices. The term “Vertical” comes from the vertical placement of the strike prices in this type of position.

When entering a Vertical Spread, the position will look like this ___/““““\___ on an analysis chart. As long as the price of the underlying security stays between the upright lines, you get paid. Hence, “Get Paid to Stay Between the Lines”.

What You’ll Learn In Verticals: Get Paid to Stay Between the Lines

• Ebook with the complete strategy and step-by-step guide on entry and exit mechanics.
• Organized, efficient, and comprehensive trade tracking spreadsheet.
• Formula driven to automatically calculate your P/L throughout the year.
• Map out potential trades to forecast your returns.

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