
Episode #41
Bull Put Spread Strike Selection: Delta, Support, and Volatility
<p>Send us a text</p><p>This episode presents a comprehensive, systematic methodology for selecting optimal strike prices for bull put spread options, asserting that correct strike choice is paramount for successful trading. The core of this logic is the use of <b>delta</b>, which represents the probability an option will expire worthless, with the hosts favouring the <b>0.50–0.60 delta zone</b> for core income trades. This probabilistic framework is reinforced by technical analysis, requiring that the short strike be placed at a distance <b>below meaningful support levels</b> to buffer against market drops. Moreover, the strategy di...

