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🧵CREDIT SPREADS THREAD🧵
🚨Credit Spread Explained WITH EXAMPLE!🚨
This Strategy WILL become a SECOND INCOME!
🚨Credit Spread Explained WITH EXAMPLE!🚨
This Strategy WILL become a SECOND INCOME!
For example if you get a credit spread with a premium of .20 between the spreads then your goal is for that premium to theta out to 0 for full 100% profit.
Example of spreads:
$SPY Put Credit Spread
Put credit spread is actually a bullish credit spread
$SPY Sold $382P
$SPY Bought $381P
$SPY Put Credit Spread
Put credit spread is actually a bullish credit spread
$SPY Sold $382P
$SPY Bought $381P
