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<oembed><version>1.0</version><provider_name>Market Insights</provider_name><provider_url>https://www.tradestation.com/insights</provider_url><author_name>David Russell</author_name><author_url>https://www.tradestation.com/insights/author/drussell/</author_url><title>Bullish and Bearish: Key Points About Vertical Option Spreads | Market Insights</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="AIAUOSQVXQ"&gt;&lt;a href="https://www.tradestation.com/insights/2025/09/21/bullish-bearish-vertical-spreads/"&gt;Bullish and Bearish: Key Points About Vertical Option Spreads&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.tradestation.com/insights/2025/09/21/bullish-bearish-vertical-spreads/embed/#?secret=AIAUOSQVXQ" width="600" height="338" title="&#x201C;Bullish and Bearish: Key Points About Vertical Option Spreads&#x201D; &#x2014; Market Insights" data-secret="AIAUOSQVXQ" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><thumbnail_url>https://cdn.tradestation.com/uploads/sites/2/bull_and-_bear_AdobeStock_701594123-e1715173423417.jpeg</thumbnail_url><thumbnail_width>1920</thumbnail_width><thumbnail_height>1079</thumbnail_height><description>Vertical spreads are one of the most common strategies in the options market because they can generate leverage with limited risk. This article will consider key points about bullish and bearish spreads. Vertical spreads involve two &#x201C;legs&#x201D; on the same underlier to create a single position: The legs of the vertical spread have the same [&hellip;]</description></oembed>
