The put credit vertical spread is the defined risk counterpoint to a short put strategy. Trading the put credit vertical spread is a bullish strategy that involves selling a put and buying a further OTM put to define our risk. Watch this video to see Mike go over the ins and outs of trading put credit vertical spreads.

0:00 Introduction
0:38 Quick Review
2:05 Defining Risk
4:16 If the Stock Goes Up
5:31 If the Stock Price Stays the Same
6:39 If the Stock Price Goes Down
8:15 POP vs Risk
9:31 Breakeven Calculation
11:10 IV Factor
12:15 When to Close
13:35 Takeaways


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