Once we are in a trade, we are in trade management mode.
When selling options/spreads, the Max Gain is the premium received. So how do you know how much profit to book while the stock is performing as intended?
Here are some general guidelines that we teach in our Mastering Advanced Credit Spreads Course.
This video shows you how Master Trader uses the charts and volatility to manage option trades and to squeeze the Maximum Gains from Short Credit Spreads. These are recently closed trades from our both Advisory Letter and Weekly Options Trader that we discussed today in our Green Room.
Master Trader combines Technical Strategies (MTS) with option trading to teach investors and traders how to generate income and wealth in the markets.
All of our trade recommendations are based on how bullish or bearish we are on the price patterns that we use on multiple time frames (MTF). We then choose either Income or Directional Option Strategies to best match our bias and trading time frame used.
Access Mastering Advanced Credit Spreads Course here, it’s the best $397 dollars spent to Master credit spread trading fast.
Master Trader and You Building Your Financial Future Together
Happy trading! If you have any questions or comments, please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com
All the best,
Greg Capra
Managing Director of Master Trader
Trading the Pristine Method — Origin and End
Dan Gibby
Chief Options Strategist
Follow Greg on Twitter, YouTube, and StockTwits
Twitter: @GregCapra
Stocktwits: Greg_Capra
