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Bothoftheseoptionsstrategieshavemanythingsincommon.Theyareusedwhenyouexpectthepriceoftheunderlyingstocktostayflatordropslightly. Eitherstrategyrequiresthepurchaseandsaleofthesametypeofoption.FortheBearCallSpread,youbuyaCallatonestrikeprice(oftenoutofthemoney)andsellaCallatalowerstrikeprice(ofteninthemoney).TheBearPutSpreadissimilar;youbuyaPutatonestrikeprice(usuallyinthemoney)andthensellaPutata...[阅读全文]