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A call credit spread simply means buying an even more out-of-the-money call along with the one you sold. It would have reduced the premium collected, but the lo
by kinghajj 3y ago
A call credit spread simply means buying an even more out-of-the-money call along with the one you sold. It would have reduced the premium collected, but the long call would appreciate on sudden moves like today's.
- mikestew 3y agoHmm…that actually sounds like a nice hedge. I’ll keep that in mind next time a similar situation comes up. Thanks.