With markets looking more volatile, it’s a good time to check in on our bear put spread screener. A bear put spread is a vertical spread that aims to profit from a stock declining in price. It has a bearish directional bias as hinted in the name. Unlike the bear call spread, it suffers from time decay so traders need to be correct on the direction of the underlying and also the timing. A bear put spread is created through buying an out-of-the-money put and selling a further out-of-the-money put. The maximum profit is equal to the distance between the strikes, less the premium paid. The loss is…