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/
Hi Davis: I traded options whilst in the USA and that was in 2009. So now I am in the UK and have revisited it, specifically credit spreads and stumbled on your educational videos. So I am familiar with a lot of online coaches and what I would call a lot of hot air coming out. However I just wanted to give you a huge thumbs up due to the fact that after the countless online tutorials I have done that your teaching is way and above superior to the rest . Many thanks John S
Hi Davis, do you see the iv percentile, volume, bid ask spread , or open interest when trading credit spread? If yes, what is the guide you recommend. Thank you.
@optionswithdavis HI Davis, Thanks for all the videos. Its very Informative. I had a question on a put credit spread. I sold a put credit spread $1 wide , it has alot of interest about 5000 and volume is 80. I received about $40 and shoudl only lose $60 but right now its saying im losing $75 if I close it right now. What can cause this additional loss and how to avoid this situation? I want to make sure im not losing more than I should. Thanks
Hi Davis, thank you for your video. I am a beginning option trader. Really learning a lot from you. I understand most of how to setting credit spread either bullish or bearish. But, could you please explain when wait for the expedition date, what going to happened to the spread? Should I closed both legs? Or let both expired?
Davis, I have a question regarding iron condors. I sell them at 16-20 delta and in keeping with the 21 dte management, it will be impossible to ever get to 50% profit. It appears that around 30% profit would be the max profit closing the trade out at 21 dte. Would be fair to use 50% profit goal on credit spreads (bull put & bear call) and around 30% on iron condors at 21 dte or go to around 14 dte on iron condors. These figures were calculated from TOS risk analysis. Thanks
I think IV plays a huge role in it… If IV goes down say 2%, you will hit the 50%…. I need to watch IV more closely with these trades. Great info as usual!!
Hi .. new to options/credit spreads and need some help .. some tickers show confusion premium prices .. eg PLUG shows premium amounts of .05,.05..50,.53,.05,.05 as we go further OTM - can you pls explain this discrepancy.. also can we use these for put credit spreads?
Thanks Davis. I find that sticking with exit method 2-4, I find it hard to find another credit spread trade on the same ticker. I know you said, can look for another trade but I usually only stick to a very short list of tickers. So I end up waiting and not so anything. When I think that way, I end up going for exit method 5. Any tips?
Scenario 3a: Market went down but did not test your short put strike. However, your bull put spread is still at a loss at 21 dte. Do you still close the trade or wait until it hit your short put strike then close? 😂
Assuming the market is down in the next 2 years , don't you agree that buying to open a 300 put on SPY 12/18/2026 and selling to open a 400 put on SPY 12/18/2026 will always bring a profit as long as SPY remains above 400 ?
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/
This is amazing! So crazy that you give all this info out for free.. God bless you, Davis!
☺️👍
Hi Davis: I traded options whilst in the USA and that was in 2009. So now I am in the UK and have revisited it, specifically credit spreads and stumbled on your educational videos. So I am familiar with a lot of online coaches and what I would call a lot of hot air coming out. However I just wanted to give you a huge thumbs up due to the fact that after the countless online tutorials I have done that your teaching is way and above superior to the rest .
Many thanks
John S
Appreciate your very kind words, you made my day ☺️ And you're welcome 👍
Thanks , and your welcome . Your instruction is top notch
Sincerely John Sullivan
Thanks
You're welcome and thanks for the support, appreciate it ☺️
Thank you Davis!
You're welcome!
Great video Davis. As always lots to learn and think about. Appreciated. Best.
Hey Davis: Congratulations and thank you for posting this comprehensive, easy-to-understand Credit Spread Trading Guide.
Thanks and you're welcome ☺️
Thank you brother for educating us.
No problem 👍
Hi Davis, do you see the iv percentile, volume, bid ask spread , or open interest when trading credit spread? If yes, what is the guide you recommend. Thank you.
@optionswithdavis HI Davis, Thanks for all the videos. Its very Informative. I had a question on a put credit spread. I sold a put credit spread $1 wide , it has alot of interest about 5000 and volume is 80. I received about $40 and shoudl only lose $60 but right now its saying im losing $75 if I close it right now. What can cause this additional loss and how to avoid this situation? I want to make sure im not losing more than I should. Thanks
Hi Davis , great explanation.
Thank you so much.
DTE: you like 45 to 65 dte, yes I note that but disregarding theta, is there any advantage of going out to 120 dte?
Thank you for this video! This is exactly what I needed.
You're welcome 👍
Hi Davis, thank you for your video. I am a beginning option trader. Really learning a lot from you. I understand most of how to setting credit spread either bullish or bearish. But, could you please explain when wait for the expedition date, what going to happened to the spread? Should I closed both legs? Or let both expired?
Excellent video 👍
Thanks ☺️
Davis,
I have a question regarding iron condors. I sell them at 16-20 delta and in keeping with the 21 dte management, it will be impossible to ever get to 50% profit. It appears that around 30% profit would be the max profit closing the trade out at 21 dte. Would be fair to use 50% profit goal on credit spreads (bull put & bear call) and around 30% on iron condors at 21 dte or go to around 14 dte on iron condors. These figures were calculated from TOS risk analysis.
Thanks
Yes, it's possible.
I think IV plays a huge role in it… If IV goes down say 2%, you will hit the 50%…. I need to watch IV more closely with these trades.
Great info as usual!!
Great video davis.
Thanks ☺️
Thanks
You're welcome 👍
thank you
You're welcome 👍
Hi .. new to options/credit spreads and need some help .. some tickers show confusion premium prices .. eg PLUG shows premium amounts of .05,.05..50,.53,.05,.05 as we go further OTM - can you pls explain this discrepancy.. also can we use these for put credit spreads?
Thanks Davis. I find that sticking with exit method 2-4, I find it hard to find another credit spread trade on the same ticker. I know you said, can look for another trade but I usually only stick to a very short list of tickers. So I end up waiting and not so anything. When I think that way, I end up going for exit method 5. Any tips?
You're welcome 👍 If it's working well for you, why not.
I plan to keep the shares if assigned and sell covered calls so how can you lose?
That would be this strategy: ruclips.net/video/ctW6QWOUiv8/видео.htmlsi=7y_1gyGMdVo9TkHk
How to choose the credit spread for intraday option trading? P
Would you please explain calendar spread as I have not seen it on your channel? Can I achieve risk/reward ration of 1:1 or 1:2 using it?
Calendar spread is typically a debit spread. I’m a big fan of them but it’s a different strategy entirely.
Scenario 3a: Market went down but did not test your short put strike. However, your bull put spread is still at a loss at 21 dte. Do you still close the trade or wait until it hit your short put strike then close? 😂
That depends on which exit method you have decided on.
Assuming the market is down in the next 2 years , don't you agree that buying to open a 300 put on SPY 12/18/2026 and selling to open a 400 put on SPY 12/18/2026 will always bring a profit as long as SPY remains above 400 ?
nice hair