Ok so on the 02/02 I entered two options trades on underlying stock ESRX. From a technical standpoint I am bullish on ESRX and believe it will reach at least $90 by March. Trade 1: Bought 1 MAR10 90 Call for $2.00 That call is now worth $1.91 Trade 2: Entered a bull put spread by selling the MAR10 90 and buying the MAR10 85. Net credit is $2.40, which I keep as long as ESRX is trading above $90 by expiration in March? Risk:Reward here is almost 1:1 which is where I think I feel comfortable, unless I'm doing something wrong.. most credit spreads I simulate on profit graphs tend to have negative risk to rewards even if they are "high probability" trades. So instead of going the convential route of being short theta.. I am long theta here? Which is what is giving me a better R:R? Also the put that I am selling is ITM so that is also contributing to a better R:R but decreasing probability of the trade working out in my favour by increasing the breakeven and forcing me above $90 to achieve max profit? I realise there is somebody else taking the "other side" of this trade so its a bit of a balancing act.. compromise here and there.. he (the other guy) has his share of risk and reward and so do I. Thanks!