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Option Play Book - Bull Call Spread w/Naked Leg

The speaker discusses the bull call spread with a naked leg.  This involves buying a call and then selling a call with a higher strike price and additionally selling a put underneath the current price.  This options strategy assumes that the market will move higher and it attempts to enter into the trade at a very low cost but assumes unlimited risk when the stock moves below the put option strike. 

Tim Ord
Ord Oracle

Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...

Tradingsim.com
Day Trading Simulator

Tradingsim.com provides the ability to simulate day trading 24 hours a day from anywhere in the world. TradingSim provides tick by tick data for...

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