Bull Put Spread 101: Setup, Profit Zones & Risks, Automation + Live Examples

A bull put spread, also known as a short put spread, is a multi-leg bullish options strategy with limited profit potential and defined risk. The credit spread looks to take advantage of an increase in price in the underlying asset before expiration, and benefits from time decay and decreasing implied volatility.

Use Trade Ideas to search for high probability bullish put spreads with positive expected value. Click here to see the full list.