Stock Market Options Trading cover image

Profit Taking Concepts For Credit Spreads

Stock Market Options Trading

CHAPTER

How to Close a Trade With Zero Dt

The market actually pulled back and tested the short strike. So that spread increased in value to at least over $2. I could have booked, let's call it $50 a spread in 15 minutes but had to wait another three or four hours to get that additional $25 per spread. In this particular case, I didn't sell it or excuse me,. I didn't close it. I didn't buy it back. And I think I was not flexible in my mental target where I was saying to myself, okay, I'm going to target.

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