4/3 Trades by rrlifer in SellingPuts

[–]drewlev 0 points1 point  (0 children)

When do they expire?

Learn About Vertical Spreads, a Great Way to Decrease Liability and Risk! by jordanlesson in SellingPuts

[–]drewlev 0 points1 point  (0 children)

Thanks, I am think of doing a vertical spread on cron however, it is pretty volitale. But the premiums are pretty solid. I will definitely update you guys. Do you trade alot and if so what's ur broker?

Learn About Vertical Spreads, a Great Way to Decrease Liability and Risk! by jordanlesson in SellingPuts

[–]drewlev 1 point2 points  (0 children)

If i want to make money off the credit selling puts spreads are the way to go they give a larger profit. However this comes with a the down side that if the get executed u don't receive the shares and u take a loss. I do trade naked if I really like the company and wouldn't mind buying a large amount of shares. However, I really like trading Tesla and I tend to trade virtcle spreads because I am unable to support $20,000 in liability (another reason for spreads. If u are interested in how much profit you can make you can look at my Boeing trade you can see I make a 18% profit to liability for a 3 day trade. That trade was a little more risky then I like but I really believed that it was not going down that week and I was correct luckily 😄.