How to Maximize Your Trading Spreads

Some newer traders may believe that with the maximum loss, you don't need any additional risk management. So i want to give a simple example just to show that this isn't always going to be the case. To day is august ninth, two thousand 21. I'm looking at a september seventeenth credit spread and s p y. It's about 39 d t e. The short leg is at the four 30 strike. And right now it's its after our s i don't know how accurate this is, but it's it's collecting 50 cents.So your maximum profit is 50 cents, and your maximum loss is two dollars and 50 cents if the position goes against.