Chapter 06 · Section 6.1

Position

When you put on a put ratio backspread:

a) are long and want the market to rally.
b) are short and want the market to fall.
c) are neutral and want the market to sit.
• d) are neutral but want the market to move in either direction.
  Yes. Your market expectations here would be for a volatile market with a greater probability that the market will fall than rally. Continue