While I've done successful paper trades involving spreads, I've not done "real" spreads yet using real money. I used range-limited stocks -- GE, BA, S, WTR -- and entered into the spread positions (bull put spread, butterfly) the week if not day or two before expiration. In all cases, I came out at expiration in the green. I did the same thing on paper using weekly XEO spreads (condor) and likewise ended up in the green. So the question from a spreads newbie is to confirm that -- provided you do your proper homework and planning -- building high-probability spreads on range-limited underlyings close to options expiration isn't necessarily reckless or a "bad" practice. Thx again!