➥ Hypergrowth Options Strategy Course: https://geni.us/options-course
The credit spread options strategies are the simplest, yet most powerful strategies available to premium sellers.
In this video, we’ll explore strategies that can be used to:
1) Significantly reduce loss potential without giving up too much profit potential.
2) Increase profit potential AND decrease loss potential, at the expense of a lower probability of profit.
The first strategy is rolling the long option closer to the short option, and the second strategy is adding another credit spread to the initial credit spread to create an iron condor/iron butterfly position.
We’ll use real trades we’ve put on in the projectoption porftolio to demonstrate the adjustment strategies.
The platform used in this video is the tastyworks trading platform, which offers highly competitive commissions for active options traders, and allows users to easily analyze options strategies like we did in this video.
➥ Get a $100 to $2,000 bonus when you open and fund a tastyworks brokerage account: https://geni.us/tastyworks
➥ Learn More About tastyworks & Their Trader-Friendly Fees: https://tastyworks.com/pricing/