As we approach Option Trading, not only should we become aware of the different Spread Strategies, more importantly we need to understand the variations that each one can provide, along with when and where to apply them.

When becoming familiar with Options, and in this particular case, Option Spreads, we need to keep an open mind to realize the impact. This will allow us to understand the true Advantages that are provided when Spreads are used properly.

With a clear understanding, we will have the abilty to blend this knowledge with any Observation made, in any Market Condition, in any Timeframe to suit our own Individual Objective.

Options carry a high level of risk and are not suitable for all investors. Please read the Options Disclosure Document titled Characteristics and Risks of Standardized Options before considering any Options transactions. Copies of this document are available electronically by clicking Characteristics and Risks of Standardized Options, or by writing Mastertrader.com, 7-11 South Broadway Suite 210A, White Plains, NY 10601. Options are not suitable for all investors and you must balance the opportunities of options trading with the corresponding risks involved. Exercise and/or closing transactions are subject to commission charges. Interest charges are incurred where the underlying securities are purchased on margin.

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