Here's why I'll never touch a credit spread.


A call credit spread = you SELL a call (bearish) and BUY a call (bullish) at the same time.
Read that again.
You're bullish and bearish on the same company, in the same trade.
If you're truly bullish, why are you selling a call against yourself?
If you're truly bearish, why are you buying one?
Pick a side.
Bullish? Sell puts and buy LEAPS.
Stop paying for a hedge against your own conviction.
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