Sold 1 Put Bull Ratio Back Spread on EWZ ETF – 0.35% potential income return in 23 days
On November 30, 2021, I sold 1 bull put ratio back spread option on EWZ ETF with an expiry set in the next 23 days on December 23, 2021. For this trade, I got a premium of $9.8 (after commissions)
The Put Ratio Back Spread is a 3 leg option strategy as it involves buying two OTM Put options and selling one ITM Put option. This is the classic 2:1 combo.
Keep reading with a 7-day free trial
Subscribe to Covered Calls with Reinis Fischer to keep reading this post and get 7 days of free access to the full post archives.