SPX Credit Spread Trader

Nice!

 

I have that post framed in my office. One of my favorites too Phil.

Trust me, there is a lot more where that came from.

 

Nice SPX down spike today. I am picking up some 10 point CALL debit spreads right here at 1410 here for hopefully a quickie santa rally ...

TS

 

Merry Christmas and Happy Hanukkah all you credit spreaders! Make your new year resolution to learn a new trading strategy to add to your arsenal.

 

Why?

1) Credit spreading has an edge
2) Selling is better than the same OTM debit
3) I do not need to hedge
4) It is the most conservative and safest strategy out there.














Let's see who gets hooked in...

 

Happy Holidays to all (including non-credit spreaders).

Make money not war.

 

I'm all in, I was thinking about the jan 1000 x 990 put spread.

 

Since I have started spread trading my account has grown at an even consistent pace. I LOVE long weekends. OIH, RUT and BBH have been my best IC and plain spread plays every month.

 

In 2007 lets try deep in the money debit spreads!

 

HAPPY HOLIDAYS and HAPPY NEW YEAR TO ALL


Thanks to all who have contributed and lurked and made this jourhal such an informative elarning experience for me. In 2007 I look forward to more success and wish the same for everyone!

-P