Ratio Back Spreads

Backspread is an advanced type of options trading in which a trader buys more call or put options than they sell. The backspread trading plan can focus on either call options or put options on a specific underlying investment.  I was first introduced to the ratio back spread options by an Italian fellow option traded (Ciao Massimo) a few years ago. I should say I like the theory, but in the practice, I cannot report (yet) significat results. In the past, I had tried my luck with put and call…