Become an Options Trading PRO (Options Trading for Beginners) - Credit Spread Adjustment Strategies Options Traders Should Know

⚡ Free options strategy calculators & visualizers: https://projectoption.com/calculators ☑ Free 160+ page Options Trading for Beginners PDF and bonus content: https://projectoption.com/free-guide ✅ Sign up with tastytrade: https://geni.us/tastytrade The credit spread options strategies are the simplest, yet most powerful strategies available to premium sellers. In this video, we'll explore strategies that can be used to: 1) Significantly reduce loss potential without giving up too much profit potential. 2) Increase profit potential AND decrease loss potential, at the expense of a lower probability of profit. The first strategy is rolling the long option closer to the short option, and the second strategy is adding another credit spread to the initial credit spread to create an iron condor/iron butterfly position. We'll use real trades we've put on in the projectoption porftolio to demonstrate the adjustment strategies. The platform used in this video is the tastyworks trading platform, which offers highly competitive commissions for active options traders, and allows users to easily analyze options strategies like we did in this video. tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Project Finance(Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’ brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade.