From Barchart:



A put ratio spread is a complex option trading strategy that may not be suitable for beginners due to its advanced nature. It involves buying and selling different numbers of put options at varying strike prices, creating a ratio between the two. This strategy can be used as a hedging or income-generating technique within an options portfolio. While it offers potential benefits, such as limited risk and the ability to profit in certain market conditions, it also comes with its own set of risks and complexities that may not be suitable for inexperienced traders. Overall, a put ratio spread can be a valuable tool within an option portfolio, but it requires a deep understanding of options trading and market dynamics to be used effectively.



Original: Disney Ratio Spread Targets A Profit Zone Between 85 and 95