For the last few weeks, we have been discussing long put spreads, which can be found on page 62 of The Options Playbook. You can always follow along online on OptionsPlaybook.com.

This week Brian discusses:

• A reivew of the last two trades he covered
• What has the market done since?
• Where does it leave the spread?
• What do we do now?
• How will we reduce risk?
• Setting up the trade
• When do we close out?
• Setting up a new trade
• What is the outlook?

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