Short Lived Spreads

Discussion in 'Options' started by TinGull, Aug 7, 2006.

  1. TinGull

    TinGull

    Hi there,

    I'm wondering about short lived spreads, mainly credit spreads, and if anyone has had much experience or success with doing it. I'm mainly wondering about selling a call spread when the market is at a technical turning point, and then closing it out in a few days to capture whatever it captures. The risk seems very small and the reward (at expiration) is big. I'll paper trade one to see, but was curious as the boards' concensus.

    Thanks!

    Chris
     
  2. ryank

    ryank

    Check out the Vertical Spreads for Aggressive Growth in the Journal section here on ET. Cache and Rallymode have a lot of experience with this type of trade. I've papertraded a number of them and have traded a few live and I like what I see.
     
  3. TinGull

    TinGull

    and that is why I love this board :) Thanks so much for the tip.

    Chris