Training Ground › Level 13

🎫 Half-Price Policy

Bear Put Spread

A half-price ticket for the downside too

The legs in this level

LegStrikePremium
Buy Put$100$3
Sell Put$95$1.20

Payoff at expiry: green = profit zone, red = loss zone

Play this level
Unlocked from level 4 on with the Training Ground one-time purchase · Pricing

Learn it in the course:Lesson 7 · Bear Spreads, and What the Ceiling Costs

All Training Ground levels →