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Chapter 7. Bull Call Spreads and Bull Pu... > Chapter 7 Major Learning Points

Chapter 7 Major Learning Points

In this chapter, we’ve learned how to create two popular bullish strategies, the Bull Call and the Bull Put spread, safely and responsibly. We’ve also compared and contrasted the two strategies not only to each other, but also to other basic strategies such as the Long Call and the Naked Put.

Furthermore, we’ve discussed how the Greeks work with these strategies and which sensitivities we need to hedge to minimize our risk while not compromising our maximum reward too much.


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