Options 101: Managing Credit Spreads (Thinkorswim Tutorial) | Tackle Trading: The #1 rated trading education platform

Options 101: Managing Credit Spreads (Thinkorswim Tutorial)

blog ad TOS 15 free v2

Last update: July 2021

Coach T. is back with the Options 101 series. In this installment, he shows the team how to manage a credit spread. He also discusses the differences between manual and automated management techniques and shows how to set up a contingency in ThinkOrSwim.


Tackle Trading Tutorials on Thinkorswim

Thinkorswim is the most popular trading platform in the entire market. Tackle Trading has all the resources you need to MASTER Thinkorswim like a PRO.

Thinkorswim Tutorials [Free Videos]


Options Trading for Beginners

Continue learning the basics of Options trading with this additional freemium content from Tackle Trading.

Options 101 [Free Content]

Access more free high-quality articles to improve your knowledge of Options Trading.


The Options Heuristic Series [Free Content]

How can we explain the basics of Options so that our students can really learn, without getting confused with so many concepts, terminologies, and strategies? That’s the idea behind the series.


Options Greeks Guide [Free Content]

The Options Greek Guide is a simple, powerful resource to help you better understand how to use the Greek’s.
As you build, enter, and manage Options Trades, it’s helpful to understand the math behind the Black Scholes Option Pricing Model. Using the Options Greek Guide will give you the information and training on how time, volatility and asset price changes impact options values.


Options 101 Course [Premium Content]

The Options 101 Course is exclusive to PRO members. Try it for free for 15 days by clicking on the button below.


Options Report [Premium Content]

The Options Report is a weekly briefing delivered to Pro members of Tackle Trading. In this report, you will receive information and education that will help you develop as a trader. We will also highlight attractive trade setups for the coming week that you can add to your watchlist.


Tackle Trading: Financial Freedom is a Journey. Sign up now for a 15-day free trial.

Financial freedom is a journey

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.


Legal Disclaimer

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.

9 Replies to “Options 101: Managing Credit Spreads (Thinkorswim Tutorial)”

  1. EmilyMuiruri says:

    LOVE IT!!!!! Thanks Tim

  2. KitnaRhea says:

    Great video, and great explanations!! Thanks Tim!

  3. MackGrout says:

    this video really has a lot of great information

  4. DaveKaufmann says:

    Great post Tim. I am still confused about exits like rolling out a naked position and closing spreads early, a leg at a time. I sure would love to hear from you on these points. Thanks!

  5. Tim Justice says:

    I can try to get another video up in the next week or so. Thanks for the requests Mack!

  6. RobMiller says:

    Thank you so much for your clear, concise information that you present! ~Skye

  7. KatwLiu says:

    Hi Tim,
    I cannot find any video for entering Covered calls or naked puts. Can you please post some? I remember seeing one last week but could not find it anymore.

    Thanks and talk to you tonight.

    Kate

  8. HENFYALISON says:

    Hi Tim, Thanks for this video. It has been two weeks since the 3 days seminar in Houston and have learned a lot since then. I watched Jim Francis’ videos that Matt gave us and placed a sample credit spreads as a practice as per his recommendation. Your video helped understand about the contingency orders, setting the alerts and also managed it not as a market order. It is really helpful. Appreciate it.

Comments are closed.

Share this

X
Facebook
LinkedIn
Reddit
Pinterest
Telegram
WhatsApp

More Insights

Join the #1 Rated Trading Education Platform

Learn to generate monthly cash flow from the financial markets and how to grow long-term lasting wealth. Tackle Trading is an amazing online community for active traders that is led by seasoned market professionals. Tap into the power of Tackle Trading’s proven trading system and learn how easy it is to make money with the proper coaching and education.

8,800+

Members

100+

Reviews

Ready to take your trading to the next level?

Get in touch today and receive a FREE complimentary consultation.

Let us help you start trading!

Our Pro Membership gives you the tools to tackle all your trading obstacles.

Register for the Master Trader Live Workshop and get the First 15 Days on Us

Book a FREE Consultation

Sign up for a free consultation to build your Educational Plan.