But thatâs a different strategy. About the Delta Graph: If I do the same with the Delta Graph it also changes as expected and on the Monday before expiration the peaks are almost +/- 100 which are what the course said I need to stay between. Once again confirming the need to exit before the final week before expiration. What is magical about a Delta of +/- 100?
On Saturday, I looked at some April 16 Credit Spreads and almost sold some PCLN with real money but decided that I should stay conservative a little bit longer while I am still learning. Besides the prices didnât seem to hold up on Monday so I guess if I was really going to do it I should have pulled the trigger on Friday.