{"id":5640,"date":"2021-09-07T20:31:18","date_gmt":"2021-09-07T12:31:18","guid":{"rendered":"https:\/\/slashtraders.com\/?p=5640"},"modified":"2025-09-29T17:33:12","modified_gmt":"2025-09-29T09:33:12","slug":"bottom-out-stock-bull-put-spread","status":"publish","type":"post","link":"https:\/\/slashtraders.com\/en\/blog\/bottom-out-stock-bull-put-spread\/","title":{"rendered":"Bull Put Spread Screener: Find Bottoming Stocks to Buy the Dip"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Do you know how to look for long signals that indicate a stock has bottomed out?<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Today SlashTraders will show you how to use our unique <a href=\"https:\/\/slashtraders.com\/en\/blog\/profitable-trading-system\/\" target=\"_blank\" rel=\"noreferrer noopener\">trading system<\/a> and the Bull Put Spread Screener to find heavily undervalued stocks that you can buy the dip by trading high probability and high return bullish options.<\/p>\n\n\n<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<span class=\"dB8MQHTgD7ZpD6ChGvAYKhvrrWdX9PaeF4a2QLfUYwNqUIEmuEzwm8OIWN1RfoJClRX3igVH71s9x54Ttn02kPyFZ\"><iframe title=\"How to Look for Bottom Out Stocks to Trade Winning Bull Put Spreads\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/8qK3SSJQCWo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/span>\n<\/div><\/figure>\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Is a Bull Put Vertical Spread?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">A Bull Put Vertical Spread works by combining a short Put and a long Put at different strike prices that expire at the same time. The Put Vertical Spread is profitable if the underlying price goes up before the <a href=\"https:\/\/slashtraders.com\/en\/blog\/what-are-options\/\" target=\"_blank\" rel=\"noreferrer noopener\">option<\/a> expires.<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Let's review the profit analyses of selling and buying Put options. We <a href=\"https:\/\/slashtraders.com\/en\/blog\/cash-secured-put\/\" target=\"_blank\" rel=\"noreferrer noopener\">receive a premium when we short a Put option<\/a>. If the underlying price goes up we make a profit.<\/p>\n\n\n<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-1024x576.png\" alt=\"sell put\" class=\"wp-image-8903\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">A short Put option can profit when the stock price goes up.<\/figcaption><\/figure>\n\n\n<p><\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Although a Naked Put is easy to execute, if the <a href=\"https:\/\/slashtraders.com\/en\/blog\/stock-bearish-signals\/\" target=\"_blank\" rel=\"noreferrer noopener\">underlying price goes down<\/a>, the maximum loss is unlimited.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We pay a premium when we long a Put option.\nIf the underlying price goes down we make $100 for every $1 drop.<\/p>\n\n\n<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/buy-put-1024x576.png\" alt=\"buy put\" class=\"wp-image-8910\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/buy-put-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/buy-put-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/buy-put-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/buy-put-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/buy-put.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">A long Put option can profit when the stock price goes down.<\/figcaption><\/figure>\n\n\n<p><\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">But if the underlying price goes up instead, the <a href=\"https:\/\/slashtraders.com\/en\/blog\/options-value\/\" target=\"_blank\" rel=\"noreferrer noopener\">value of the Put option<\/a> expires worthless.<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">When we combine a short Put and a long Put at different strike prices we create a <a href=\"https:\/\/optionstradingiq.com\/top-3-ways-to-trade-credit-spreads-for-income\/\" target=\"_blank\" rel=\"noreferrer noopener\">Put Vertical Spread<\/a>. Since we want to trade bullish, the strike price of the short Put would be higher than the long Put.<\/p>\n\n\n<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-bull-put-spread-1024x576.png\" alt=\"sell bull put spread\" class=\"wp-image-8912\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-bull-put-spread-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-bull-put-spread-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-bull-put-spread-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-bull-put-spread-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-bull-put-spread.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Combine a short Put and a long Put at different strike prices to create a Put Vertical Spread that profits from a bullish trend.<\/figcaption><\/figure>\n\n\n<p><\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Compare this to a <a href=\"https:\/\/slashtraders.com\/en\/blog\/selling-naked-put-options\/\" target=\"_blank\" rel=\"noreferrer noopener\">short naked Put<\/a>, a Bull Put Vertical Spread can limit the maximum loss if we are wrong about the direction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why Bull Put Spread?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If we are confident about a bullish outlook, trading a short Bull Put Spread has higher leverage than buying stocks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">We can use AAPL to compare the differences between trading a Bull Put Vertical Spread that expires next month, and buying stocks. An <a href=\"https:\/\/slashtraders.com\/en\/blog\/options-value\/\" target=\"_blank\" rel=\"noreferrer noopener\">ATM<\/a> Bull Put Spread has a 54% chance of success, while buying stocks has a 50% success rate.<\/p>\n\n\n<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-vertical-spread-vs-stock-1024x576.png\" alt=\"sell put vertical spread vs stock\" class=\"wp-image-5656\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-vertical-spread-vs-stock-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-vertical-spread-vs-stock-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-vertical-spread-vs-stock-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-vertical-spread-vs-stock-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-vertical-spread-vs-stock.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">If AAPL price goes up by 10% in 41 days, a stock trade will earn 10% profit, while a bull Put spread gains 73% return.<\/figcaption><\/figure>\n\n\n<p><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If AAPL price goes up by 10% in 41 days, we gain 10% profit from a stock trade, while a Bull Put Spread gains 73% return.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If we are wrong about the price direction, the Bull Put Spread loses 100% of the Buying Power.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Are the Key Points to Profitable Bull Put Spreads?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">When selling Put Spreads, we have a <a href=\"https:\/\/slashtraders.com\/en\/blog\/option-greeks\/\" target=\"_blank\" rel=\"noreferrer noopener\">positive delta<\/a>, so we want the stock price to go up to decay the option value, then we can buy to close the trade.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Delta is the changes to options price with respect to changes in the underlying price.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">A positive delta trade is profitable when the stock goes up, and the trade loses when the stock price drops. If the stock price stays above the short Put strike, we can wait for the options to expire worthless for a profit.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Maximum loss of a Bull Put Spread = width of the Put strikes x 100 - premium collected<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Buying Power = maximum loss<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">So when the Put strikes' width stays the same, a higher delta leads to a higher premium, lower maximum loss and higher returns.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let's look at two AAPL Bull Put Vertical Spreads with the same $5 widths.<\/p>\n\n\n<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-spread-delta-1024x576.png\" alt=\"sell put spread delta\" class=\"wp-image-5660\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-spread-delta-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-spread-delta-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-spread-delta-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-spread-delta-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/sell-put-spread-delta.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">The Bull Put Vertical Spread with a more positive delta has a greater Return on Capital.<\/figcaption><\/figure>\n\n\n<p><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When the short Put is at 0.50 delta, the maximum return is 73%. When the short Put is at 0.20 delta, the maximum return is only 15%.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><a href=\"https:\/\/slashtraders.com\/en\/pricing\/?utm_source=blog&amp;utm_medium=banner\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"971\" height=\"120\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/03\/slashtraders-trial-banner.png\" alt=\"slashtraders trial banner\" class=\"wp-image-7387\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/03\/slashtraders-trial-banner.png 971w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/03\/slashtraders-trial-banner-300x37.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/03\/slashtraders-trial-banner-768x95.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/03\/slashtraders-trial-banner-18x2.png 18w\" sizes=\"(max-width: 971px) 100vw, 971px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">How to Use the Bull Put Spread Screener to Find Bottom Out Bullish Trades<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">The <a href=\"https:\/\/slashtraders.com\/en\/tools\/bull-put-spread-screener\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bull Put Spread Screener<\/a> uses historical chart analysis to find bottom out stocks that have a high probability of an upward correction that we can sell Bull Put Spreads to profit from the dip.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We want to find heavily undervalued, bottomed out underlying that have a high probability of going up.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Long Days indicates the number of trading days since the most recent bullish signal, based on technical analysis. A small number means we can enter the trade at the start of the bullish trend.<\/li>\n\n\n\n<li>Long Signal Price shows the recent dip based on technical analysis. We can be confident the stock price will not fall below this price level in the short term.<\/li>\n\n\n\n<li class=\"translation-block\"><a href=\"https:\/\/slashtraders.com\/en\/blog\/fundamental-analysis-vs-technical-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fundamental analysis<\/a> shows us the Fair Value of the underlying. Then it compares with the Last value to find the potential Upside. The higher the Upside, the greater the confidence of the stock being undervalued.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">We can combine the 3 bullish signals in the screener to execute high probability bullish trades. The screener also helps us find high Return on Capital 0.50 delta ATM Bull Put Spreads.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"339\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/bull-put-spread-screener-1024x339.png\" alt=\"bull put spread screener\" class=\"wp-image-7720\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/bull-put-spread-screener-1024x339.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/bull-put-spread-screener-300x99.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/bull-put-spread-screener-768x254.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/bull-put-spread-screener-18x6.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/bull-put-spread-screener.png 1120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">We sort the stocks by Long Days to find the start of bullish trends, then find undervalued stocks with Upside.<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Then we can use the Spread Details to find the ATM Bull Put Spreads with the respective Return on Capital.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Best Bottom Out Bull Put Spread Right Now<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Let's pick the highest probability and high return Bull Put Vertical Spread entry points.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By combining Long Days and Upside, out of all bullish stocks that started within 2 trading days, FB is extremely undervalued with 97% upside. So it has a high probability of a bullish trend.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"339\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-screener-1024x339.png\" alt=\"fb bull put spread screener\" class=\"wp-image-7722\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-screener-1024x339.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-screener-300x99.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-screener-768x254.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-screener-18x6.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-screener.png 1120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">FB is undervalued and trending up.<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">The FB price chart shows it reached a low point at Long Signal Price of $169 2 trading days ago, and has been bullish ever since.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"528\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-chart-analysis-1024x528.png\" alt=\"fb chart analysis\" class=\"wp-image-7723\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-chart-analysis-1024x528.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-chart-analysis-300x155.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-chart-analysis-768x396.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-chart-analysis-18x9.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-chart-analysis.png 1120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">FB reached the low Long Signal Price around 2 trading days ago, and has been bullish since.<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Considering FB is heavily undervalued, we can be confident of a bullish outlook.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We can sell a FB Bull Put Spread option that expires next month. If the Meta stock price does not fall before expiration, we can profit 103% from the trade.<\/p>\n\n\n<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-roc-1024x576.png\" alt=\"fb bull put spread roc\" class=\"wp-image-7725\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-roc-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-roc-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-roc-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-roc-18x10.png 18w, https:\/\/slashtraders.com\/wp-content\/uploads\/2021\/09\/fb-bull-put-spread-roc.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">A FB Bull Put Vertical Spread that expires next month has a maximum return of 103%.<\/figcaption><\/figure>\n\n\n<p><\/p>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">Now you know how to use the <a href=\"https:\/\/slashtraders.com\/en\/tools\/bull-put-spread-screener\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bull Put Spread Screener<\/a> to find bottomed out stocks that are trending upwards. Remember to use the screener often to find the best bullish Put Spreads to sell and profit from the rising trend.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to Roll a Bull Put Vertical Spread?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">If the stock price is down with less than 14 days to expiration, we can <a href=\"https:\/\/slashtraders.com\/en\/blog\/roll-put-call-credit-spread-options\/\" target=\"_blank\" rel=\"noreferrer noopener\">roll the losing Put Vertical Spread<\/a> to next month and wait for the stock price to rise in the future.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the SHOP Bull Put Spread loses money because the stock price goes down, but we still think the stock price will bounce back up, we can defer the contract.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/shopify-put-spread-loss.png\" alt=\"shopify put spread loss\" class=\"wp-image-7680\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/shopify-put-spread-loss.png 1280w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/shopify-put-spread-loss-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/shopify-put-spread-loss-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/shopify-put-spread-loss-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/shopify-put-spread-loss-18x10.png 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Stock price falls causing the Bull Put Spread to lose.<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">When rolling a Bull Put Spread, we need to close the existing Put Credit Spread, and <a href=\"https:\/\/slashtraders.com\/en\/blog\/buy-to-open-vs-buy-to-close\/\" target=\"_blank\" rel=\"noreferrer noopener\">sell to open<\/a> a new Put Spread that expires next month.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/roll-shopify-put-spread.png\" alt=\"roll shopify put spread\" class=\"wp-image-7685\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/roll-shopify-put-spread.png 1280w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/roll-shopify-put-spread-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/roll-shopify-put-spread-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/roll-shopify-put-spread-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/roll-shopify-put-spread-18x10.png 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Close the current Put Credit Spread and sell to open a Put Spread that expires next month.<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">We can consider widening the Put Spread to increase the premium received to offset our existing losses.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/shopify-put-spread-next-month.png\" alt=\"shopify put spread next month\" class=\"wp-image-7688\" srcset=\"https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/shopify-put-spread-next-month.png 1280w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/shopify-put-spread-next-month-300x169.png 300w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/shopify-put-spread-next-month-1024x576.png 1024w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/shopify-put-spread-next-month-768x432.png 768w, https:\/\/slashtraders.com\/wp-content\/uploads\/2022\/04\/shopify-put-spread-next-month-18x10.png 18w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">A longer date Bull Put Credit Spread that uses a longer time value and wider strike prices to offset the loss.<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph translation-block\">As a result, we create a longer date Bull Put Credit Spread with additional credit from longer <a href=\"https:\/\/slashtraders.com\/en\/blog\/option-greeks\/\" target=\"_blank\" rel=\"noreferrer noopener\">time value<\/a> and wider strike prices. Then we can wait for the SHOP stock price to bounce back in a bullish manner and profit from the new trade.<\/p>\n\n\n\n<p class=\"has-ast-global-color-4-background-color has-background wp-block-paragraph\"><a href=\"https:\/\/slashtraders.com\/en\/blog\/slashtraders-vs-sp500\/\" target=\"_blank\" rel=\"noreferrer noopener\">SlashTraders vs S&amp;P 500: 450% Outperformance, Verified Trades and How to Copy Every Alert<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Do you know the signals for a bottom out stock? We show you how to use the Bull Put Spread Screener to find undervalued stocks for high return bullish trades.<\/p>","protected":false},"author":1,"featured_media":5642,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"plain-container","ast-site-content-layout":"normal-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","_wp_rev_ctl_limit":"5"},"categories":[3],"tags":[16,56,12,64,22,14,48,11],"class_list":["post-5640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-aapl","tag-cn","tag-en","tag-es","tag-fb","tag-options","tag-shop","tag-tw"],"_links":{"self":[{"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/posts\/5640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/comments?post=5640"}],"version-history":[{"count":5,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/posts\/5640\/revisions"}],"predecessor-version":[{"id":13918,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/posts\/5640\/revisions\/13918"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/media\/5642"}],"wp:attachment":[{"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/media?parent=5640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/categories?post=5640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/slashtraders.com\/en\/wp-json\/wp\/v2\/tags?post=5640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}