1. to sell for a credit: collect premium 2. the higher the vol and the higher the price of the underlying asset the higher the premium 3. wrong....
When you say credit spreads, I assume you mean selling call and/or put spreads, or time spreads, where in each case, you are collecting a premium....
Nuff said.. After years of reading about options and trading them both as a punter and a market maker, If anyone here has any options...
Hmm.. you know what they say: It ain't over until the fat lady sings!!!
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