Todd Horwitz – Long Ratio Backspreads (Bubba’s Playbook pgs 9 – 11)
Long Ratio Backspreads Long Ratio Backspreads allow an angel investor to take an outright long or short position available in the market without buying a put or call, outright. In certain instances, the ratio will allow the trader to execute a spread that may limit risk without limiting reward for
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