Todd Horwitz – Long Ratio Backspreads (Bubba’s Playbook pgs 9 – 11)
Long Ratio Backspreads Long Ratio Backspreads allow a trader to look at an outright long or short position available in the market without investing in a put or call, outright. In certain cases, the ratio will allow the trader to execute a spread that can limit risk without limiting reward for the credit. The size