Put Ratio Spread 2×3
PSR23PSR23-E1-Xhigh_XlowBuy 2 higher puts, sell 3 lower puts (≡ 1×1.5 ratio).
Equivalent to a 1×1.5 ratio on the put side.
Pick an expiry and 2 strikes to build the combo.
Buy 2 higher puts, sell 3 lower puts (≡ 1×1.5 ratio).
Equivalent to a 1×1.5 ratio on the put side.
Pick an expiry and 2 strikes to build the combo.