We are constantly usingto act on directional biases while also protecting ourselves against a large move in the opposing direction. More than most of our strategies, however, Verticals can require extra attention due to their slightly more complex and setup.
Today, Tom and Tony flesh out what it takes to put on a Credit Spread or a Debit Spread by covering the following topics:
- Direction and
- Potential Profit relative to Spread Width
- Greeks – and
Check out the segment above for greater context and detail around Vertical Spreads.