My Credit Spreads Max Loss???

Discussion in 'Options' started by knuttybuddy, May 29, 2013.

  1. Hello, I am curious to learn how to determine the maximum loss for my vertical credit spread.

    This is my trade

    Wrote 10 May 435 puts at $0.54 $540
    Buy 10 May 425 puts at $.16 ($160)

    I know my maximum gain is 380 ( less commissions )

    But what would be the Max loss?

    Thank you for anyone that can help.
  2. the difference between the sold and bought strike minux the credit...