Tackle Today: 6 Reasons to Love Credit Spreads
February 21, 2023
Embrace the high probability
Traders,
Last night we added to our growing library of Tackle Trading 101 videos on YouTube. The focus was credit spreads, with bull puts commanding our attention for most of the show. Here are six of the strategy’s advantages.
- Higher probability of profit (POP).
- Profit from time decay.
- Profit from the overpricing of options.
- Become a casino or insurance company.
- Easier to generate consistent cash flow.
- Easier to find trades.
Be sure to catch the recording if you missed it. We built out a basic set of rules for entering and managing the strategy so you can start using it immediately.
Tackle 101: Credit Spreads
Check out last night’s Tackle 101 series on Credit Spreads with Coach Tyler Craig.
Chart of the Day: Home Depot (HD)
Home Depot shares are tumbling this morning after reporting tepid guidance. Breaking that $310 support zone was no bueno.
Today’s line up
Traders Lounge 11 AM EST
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The Coaches Show 8:30 PM EST
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Halftime Report 12:30 PM EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only the coaches at Tackle Trading can deliver.
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