If You Trade Credit Spreads, You MUST Do These 5 Things Immediately

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Want to be consistently profitable trading Credit Spreads?
Then do these 5 things to start see consistent results in your trading.
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[@optionswithdavis]

Get Your Copy of My Strategy Blueprints For FREE: 1) The Options Income Blueprint: optionswithdavis.com/blueprint/ 2) The Credit Spreads Blueprint: optionswithdavis.com/cs-blueprint/

[@pragmatica1032]

Great video Davis (as always)! I appreciate that you mentioned staggering the exits. Currently doing that on one of my positions with IWM. The two positions (a condor expiring in 18 days and a Call credit spread expiring in 54 days that is actually bringing the delta of the IC to a more neutral position). Will close the IC i(currently at 12% of max profit) n one or two days depending on the price action).

[@mmgm8752]

Thanks Davis! Consistently useful information presented in a logical, concise format.

[@optionswithdavis]

You're welcome 👍

[@giddelloran3415]

great video of options Spreads

[@andrewdavis6100]

When you say look for large market swings. Are you looking at a month chart, week chart?

[@kgriffen123]

Another great video, thanks again!

[@optionswithdavis]

You're welcome 👍

[@ufogovernment6039]

DAVIS YOU ARE THE BEST OPTION VLOGGER ON YOU TUBE IN MY EXPERIENCE.

[@optionswithdavis]

☺️

[@Steven-vi5nb]

Awesome stuff! Can you do a video on your entire charting + indicator trading view setup?

[@optionswithdavis]

Thanks ☺️

[@jasonc934]

Besides using the stochastic indicator, I've been also using Heiken Ashi candles to identify trend reversal on higher time frame charts no smaller than 1hr. Heiken Ashi is different than normal candlesticks and learn the entry techniques for it - opposite color doji then solid candle bar without wicks but preferably 2 solid candles w/o wicks.

[@Feroxious1982]

Thanks again Davis for your sharing 😊

[@optionswithdavis]

You're welcome 👍

[@stargazer-cb]

Hey Davis - have you ever posted or done a video covered the list of index ETFs that you check each day? You mentioned in one video that when picking spreads you like to go with those trading in the $100-500 range with high volume, but I have found very few ETFs that meet that criteria.

[@ericnielsen8868]

Question please: What are the stats for weekly trades and having it assigned to you? Should one close the trade the day before or hold until almost expiration, about one hour before closing to buy back and get a credit? Everyone hates getting assigned, so which do you think is best. Also, do you have a video about getting assigned during weekly trades and what you do when this happens. Thanks so much Davis.

[@zshn]

7:50 For 10$ wide put spreads, the annual ROC is 40% when managing at 21DTE. So that means if between 45DTE and 21DTE, if the profit is 40% or more the trade is outperforming statistically & historically, correct? Likewise, if between 45DTE and 21DTE, and the loss is greater than $121 the trade is underperforming statistically & historically, correct? If yes, then does it makes sense to close the trade?

[@davidfisaac]

How are you doing YTD following these trading principles? The reason, I don't follow the 21 DTE take-profit or stop-loss is that you can't control profits or losses. Also, gamma risk is not great when you put on a spread. Lastly, if we're selling the same delta, it makes sense that 45 DTE will make more money than 24 DTE. The extrinsic value does not increase or decrease linearly with time. However, if we receive the same credit upon entry for 21 DTE and 45 DTE, assuming the trades have the same win rate, te 21 DTE will make more.

[@TBradFashionModel]

Keeps monitoringTasty, they have all the stats....

[@ngchongsin2009]

The market seems usually on high or low end, hence we do a bull else a bear. Does that mean we should not do iron condor?

[@willgordon5737]

How can you predict where the price will be after 45 days

[@GOOD__GOD]

Entry is at which DTE for the given data ?

[@celebrateme]

Why can't you just buy way otm for like .01 on same day expiration where there is 0 chance for assignment and let expire then collect the credit on a put credit spread??

[@truthwillalwaysprevail]

This is one of the best credit spread video, I have seen. Thank you very much for providing extremely helpful information. I was wondering why you have not mentioned IV rank and for given Delta what is the min credit for $5 or $10 wide index ETF spread you look for when trading put or call credit spread. What is the min Delta, min credit and IV rank you use for your credit spread? Thanks again for very informative