Hi, this is my first post on the ET forum and I'm shamelessly asking a question As a starter I'd like to have absolute profit and avoid as much risk as possible. The strategy that caught my eyes is Call Ratio Spread. Lets say a trading vehicle is priced around 31~32; than assuming it's not an explosive bull market(also IV are reasonable and so are bid/ask spread and broker commissions) I can buy some ITM calls(say, 30)( and sell more OTM calls(say, 35), entering in a net credit. That would give me an delta neutral position and My profits would be assured If the underlying price is below OTM call's strike price(35). maybe I can exit the position when it reaches 34 or so. My 30 Calls will be exercised or sold for profit. OTM calls will be bought back(since they're OTM, which means their intrinsic value is zero and because of the time decay I'd benefit from closing this session) Is there something wrong with my trade? I did it in paper trading a few times. I do know that my risk is virtually unlimited but you can set the limits before entering. Dont hesitate to correct me if I'm delusional and Thanks for reading!