Bull Put Spread
Definition:

Also known as "vertical credit spread".
Sell In-the-Money, At-the-Money, or Out-of-the-Money Put; Buy Farther Out-of-the-Money Put.

Strategy Type:Bullish
Risk:Limited
Gain:Limited
Time Decay Effect:Positive
Increasing IV Effect:Limited Effect
Profit/Loss by Change in Underlying Common Price

bull put spread