And, time decay, much like volatility, won't be as much of a difficulty presented the balanced composition in the spread.  

Fundamentally, when you're buying a put alternative, you're "Placing" the obligation to buy the shares of a stability you're selling with your placed on one other party at the strike price - not the market price of the safety. When trading place choices, the Trader is basically betting that, at the time with the expiration in their agreement, the price o