Profit Taking Concepts For Credit Spreads
Stock Market Options Trading
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How to Profit From Credit Spreads
When you get a directional move in your favor, I would strongly consider taking the profits and then just wait for the next setup. You can always reenter on a pullback or something. In this particular trade, I could have profited. It could have pulled back to my level. I could have sold another one. But since I was, you know, going to be walking away, I just say, well, I'm going to let the math play out and it played out.
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