Options (Profit)
$Advanced Micro Devices(AMD.US$ Im not sure why many “Retail” Traders do not use Multiple Legs (Debit/Credit Spreads) when trading Options?? They are less expensive, less Risky and sometimes you can profit even when the stock price is moving in the other direction or if Exp is nearby!
For instance, i traded a few Put Debit Spreads and purchased (5) the 8/18 $108 Put Contracts and sold (5) of the 8/18 107 Contracts for $25 each ($125 Total).
Even though both Contracts dropped in Premium, i am up 100% because the 108 Contracts are closer to ATM then the 107 Contracts.
I any of the Contracts were purchased as Single Leg, you would be in the RED!
Most Professional Option Traders DO NOT trade Single Leg Options like most of you do!
I highly advise looking into them
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- Market Investor since 1992.
- Options Trader (8) Years
- Crypto Trader/Hodler (2014 - Present)
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