Introduction to Credit and Debit Spreads
Options spreads are positions with two or more “legs,” which may help increase the probability of success. Get an introduction to two basic strategies: credit put spreads and debit call spreads.
Senior Strategist, Investor Education, E*TRADE Securities LLC
Todd Rich is a Senior Strategist of Investor Education with E*TRADE Securities LLC. Todd joined E*TRADE with the acquisition of OptionsHouse, where he was President of OptionMonster, an education and media entity. He’s had an extensive career in the financial industry, having been a market maker on the floor of the Chicago Board Options Exchange, and then migrating into working directly for the exchanges with stints at Eurex, BOX Options, and the New York Stock Exchange. He is well-versed in options trading as well as market structure. He has both a BA and MBA from UCLA. Although having grown up in California, he now lives in Chicago with his wife and two sons.