This article is part of the series

Options Trading

Option Trading Levels and Leverage

Options TradingTradeKing

  • Covered Call Writing
  • Cash Secured Put Writing
  • Buying Puts & Calls
  • Includes Level 1

Continue Reading Below

  • Combinations (Spreads, Straddles)
  • Includes Level 2
  • Selling Uncovered Puts
  • Includes Level 3
  • Selling Uncovered Equity Puts & Calls
  • Includes Level 4
  • Selling Uncovered Equity/Index Puts & Calls
  • Includes Level 5 

Trader Network

To paraphrase the question asked:

bull put spread

cash-secured put

My reply:


short put spread

cash-secured put

Simple example:

One more thing:

Synthesize” cash-secured put selling? Here’s how


Options Guy




Options involve risk and are not suitable for all investors. Click here to review the Characteristics and Risks of Standardized Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time. 

additional risks and multiple commissions



What do you think?

Click the button below to comment on this article.