Chicken Bull Put Spreads

Quote from zman7854:

Was perusing the internet last night and found this article on (Chicken) Bull Put Spreads by Darlene Nelson of Bettertrades.com

http://www.bettertrades.com/BTC/Tutorials/20030814_Darlene.asp

I would like to get members who trade credit spreads opinion on this strategy, also I have never heard of Darlene Nelson or www.bettertrades.com in the past, what's the skinny on them??
thnks. z. :)
More...

Smart way of selling verticals to newbies.

You`d better get a good book.
 
"The neat thing about bull put spreads is that traders who are not qualified or do not have the available trading capital to sell naked puts are able to accomplish this with less risk by just adding an insurance policy (buying puts). "
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She forgot to mention that if eBay dropped below $100, an undercapitalized trader could end up with as much as $200,000 worth of eBay stock in his/her account.
 
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