Posted by fredsaid on 14th of Feb 2023 at 09:41 pm
I switched to spreads instead of straight about 2 years ago.
It's an important switch for options traders that are happy
hitting singles all day vs. trying for home runs. My next
switch is to sell more than I buy.
DigiNomad. agreed. I should have
SPY 4 hour Supply at 413.63-416.50
Posted by junkie on 14th of Feb 2023 at 05:16 pm
DigiNomad. agreed. I should have said 'put spreads' instead of puts to control max losses.
I switched to spreads instead
Posted by fredsaid on 14th of Feb 2023 at 09:41 pm
I switched to spreads instead of straight about 2 years ago. It's an important switch for options traders that are happy hitting singles all day vs. trying for home runs. My next switch is to sell more than I buy.
Re option spreads. Good idea.
Posted by brophy on 15th of Feb 2023 at 07:49 am
Re option spreads. Good idea. Limit your risk. I sell spread prem. and collect it instead of putting up the $ for buying spreads.