#Credit spreads
4 public posts on this topic.
Theory
On a trend day, I put credit spreads on the side price has already left
Put credit in the path of a downtrend, call credit partway up a rally. Three days of my own trades, and where I now place credit spreads on trend days.
Theory
A 9-to-1 credit spread, and what it actually asked for
A 10% breakeven win rate. On the numbers alone it was the best strike on the board. It was also the one strike that bet on distance rather than direction.
Record
Three years on, I expanded a rule from my own book
The 1:3 rule was a standard for buying. I built the one for selling.
Record
I debated risk rules with my AI, and got a better rule
Billie raised an objection, I pushed back, and then the real question appeared.
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