Not necessarily. Depends on the strategy. If I want the spread to expire worthless and keep the credit, then yes I will pick the shortest expiry, obviously, but if is a swing trade I will go out a few. The credit I receive also plays a part.

    brophy, what do you think

    Posted by imelhoe on 7th of Jul 2020 at 02:23 pm

    brophy, what do you think of July 17 297/292 bull put spread on spy? where do you think support may be best guess


    I went for my run

    Posted by brophy on 7th of Jul 2020 at 03:42 pm

    I went for my run and just came back to find ES at L.O.D. Which makes sense given the neg d i posted on the Naz. Personally I would not recommend any B.P. SP on anything  til we settle out and see we are headed. Just M.O..

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