I’m relatively new to options but I’ve been picking them up quickly over the last few weeks. I just want to make sure I have this straight. So is a Pds similar to a cds in that I’m buying the higher strike put and selling the lower strike put for a bearish play. Using the closest date to have the put sold be more susceptible to time decay. That way the put that is purchased in the spread would end up being more valuable in this hence where the profit comes in. Do I have the right idea here? 
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