Part V: Advanced Tactics
Congratulations. You’ve made it through the basics of the Buy and Hedge methodology. You’ve learned about the Immutable Laws, the Iron Rules, the basics of Options, how to incorporate ETFs, and the basic hedge tactics that give you the tools to hedge effectively. We know this is a lot to digest. And Part V offers even more information for the advanced learner. So before going any further, be sure you understand the material in Parts I through IV. They are the foundation for the next set of advanced tactics.
In this part, you will learn about vertical spreads and diagonal spreads as two more tactics that take the concepts of single-legged options to the next level. You will also learn some valuable lessons about managing ...
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