Posted by bpozdoll1717 on 14th of Apr 2023 at 01:37 pm
I entered this position today and have some profits already.
Selling call spreads when overbought. I like the idea.
Do you typically hold until expiration or liquidate along the
way?
Posted by DigiNomad on 14th of Apr 2023 at 01:48 pm
I liquidate along the way. My trading plan is to liquidate
at 50% of potential profits, but I don't hold to that very
strictly. I usually have short calls and short puts on at the
same time....but the short put side is a trap right now with the
VIX at this level (IMO) so I don't have any on at this point in
time.
I entered this position today
Was selling June 4420 SPX calls at 16 delta yesterday. ...
Posted by bpozdoll1717 on 14th of Apr 2023 at 01:37 pm
I entered this position today and have some profits already. Selling call spreads when overbought. I like the idea. Do you typically hold until expiration or liquidate along the way?
I liquidate along the way.
Posted by DigiNomad on 14th of Apr 2023 at 01:48 pm
I liquidate along the way. My trading plan is to liquidate at 50% of potential profits, but I don't hold to that very strictly. I usually have short calls and short puts on at the same time....but the short put side is a trap right now with the VIX at this level (IMO) so I don't have any on at this point in time.
Thank you.
Posted by bpozdoll1717 on 14th of Apr 2023 at 02:01 pm
Thank you.