Last updated on February 10th, 2022 , 01:00 pm
Credit spread options strategies are extremely popular among income-driven traders, as the strategies have limited loss potential and a high probability of profit.
But not every trade will go your way.
In this video, you’re going to learn two essential credit spread adjustment strategies you can use to significantly reduce loss potential, and in some cases increase the profit potential. We’ll also use the tastyworks trading platform so you can see how these adjustments would be made on real trading software.
The Best Brokerage for Traders
We’ve been trading with tastytrade for years, benefiting from their trader-friendly fees:
- Free Stock Trading
- $10 Commission-Cap Per Option Leg
- Close Trades for Free*
- $10 Max Fee Per Crypto Order
Use the link below to get up to $3,000 when you open and fund your tastytrade account.
* Applicable exchange, clearing, and regulatory fees still apply to all opening and closing trades except for cryptocurrency orders which are not subject to exchange, clearing, and regulatory fees.
projectfinance Options Tutorials
About the Author
Chris Butler received his Bachelor’s degree in Finance from DePaul University and has nine years of experience in the financial markets.
Chris started the projectfinance YouTube channel in 2016, which has accumulated over 25 million views from investors globally.