Bull Call Spread: What is the market outlook?
Moderately bullish
Bull Call Spread: Is this a debit or credit spread?
Debit
Bull Call Spread: What options are used?
Buy call K1, sell call K2 > K1
Bull Call Spread: When is max profit achieved at expiration?
Future Price > K2
Bull Call Spread: What is the breakeven price?
K1+debit
Bull Call Spread: What are max profit and max loss?
Max Profit = (K2 - K1)-debit
Max Loss = debit
Bear Put Spread: What is the market outlook?
moderately bearish
Bear Put Spread: Is this a debit or credit spread?
debit
Bear Put Spread: What options are used?
Buy put K1, sell K2<K1
Bear Put Spread: When is max profit achieved at expiration?
Futures price ≤ K₂
Bear Put Spread: What is the breakeven price?
K1−Debit
Bear Put Spread: What are max profit and max loss?
Max Profit = (K1-K2)-Debit
Max Loss = debit
Bear Call Spread: What is the market outlook?
Bearish / neutral
Bear Call Spread: Is this a debit or credit spread?
credit
Bear Call Spread: What options are used?
sell call K1, buy call K2 > K1
Bear Call Spread: When is max profit achieved at expiration?
Futures price ≤ K₁
Bear Call Spread: What is the breakeven price?
K1+Credit
Bear Call Spread: What are max profit and max loss
Max profit = Credit
Max Loss = (K2-K1)-Credit
Bull Put Spread: What is the market outlook?
Bullish / neutral
Bull Put Spread: Is this a debit or credit spread?
credit
Bull Put Spread: What options are used?
Sell put K1, buy put K2 < K1
Bull Put Spread: When is max profit achieved at expiration?
Futures price ≥ K₁
Bull Put Spread: What is the breakeven price?
K1 - credit
Bull Put Spread: What are max profit and max loss?
Max profit = Credit
Max Loss = (K1-K2)-Credit
