Start trading today using my free guide @ mytradingplan.org
\n@marketadventurespodcast on ALL socials
\n\n\u201cCreating a 5 Star Course From Scratch\u201d is a masterclass on producing and selling courses quickly and profitably. Learn how you can make a living income, and build your wealth through teaching others what you already know.
\nTake 5 seconds to share this show with friends and family. Don't tell them why, just share it. If yah know, yah know
\nGet $5 for free @ thesavings.club to get automatic savings started towards your goals
\nWhat is an options spread?
\nMany types of spreads with some crazy names\u2026
\nBest to start with Debit and Credit spreads
\nWhen to use
\nDebit, get into a trade at a cheaper price. Called \u201clegging in\u201d in some circles
\nStarting with a small account
\nGood reason to believe price is moving in a particular direction
\nLowers risk, caps gains
\nCredit, making money in a sideways market
\nCollect money up front
\nAlso great for small accounts
\nGood reason to believe price moving in opposite directions
\nIntraday action against major trend, selling against intraday in support of major trend
\nI love spreads. Nice slow way to build a small account. If price action for the stocks in your watchlist don\u2019t match you entry criteria, it\u2019s a great way to respect your rules and still earn some money while you wait for your perfect set up
\nThe best hitters in baseball don\u2019t swing at just everything, they wait for the pitch that allows them to get a good hit.
\nCredit spreads allow you to make money while you wait for the set up
\nDebit spreads allow you to play in the major by lowering the cost to play
\n\n--- \n\nSupport this podcast: https://podcasters.spotify.com/pod/show/marketadventures/support