NOK 53% R.O.I - Put Credit Spreads - Monthly Income Generation With Cash For Life

[chiong111]

Or leaving just the single bought leg of the spread open if the sold option strike is touched, which means your going to be able to profit from a huge decline in the stock. but that still requires paying 175$ in commission to buy back the sold leg.

[chiong111]

Trading 50 contracts with OptionsXpress will cost you 175 to get in and then another 175 to close out: Total $350........ Dont you think its worth mentioning that???? as its a huge chunk of the total profit you claim to be earning. On top of that the adjustments if necessary will cost you the same depending upon whether your rolling the position or closing and getting into new single traded trades.

[magn0123]

@chiong111 with interactive brokers it costs 75 to open 75 to close...still a good deal