Credit Spreads! Credit Spreads! Credit Spreads!Dec 08, 2022
Today I utilized different time entries on credit put and call spreads, further turned into and iron condor that expired worthless!
As you can see below I had a 10-lot on the put side and hedged with a 5 lot on the call side.
From the entries you can see I bought the call spreads into an upmove, hedging myself either for a pullback or a sideways market. I knew my put spreads were pretty locked in so I added the 5 lot knowing if we were going to push $4000 on $SPX I would just load a 10 lot $3995 calls to head the call spread and roll up my puts atleast 16 delta.
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