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Profit Taking Concepts For Credit Spreads

Stock Market Options Trading

CHAPTER

How to Make a Profit in the Market

A lot of people underestimate with credit spreads specifically is delta is a bigger deal than theta. If the price moves against you, then you're going to be losing. And this is one of those trades where I stuck to the plan, but man, it was hard to stick to when I could have taken that profit a little bit early and taken the risk off the table.

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