@TheFinancialMinutes
Another note about spreads: If the stock is between your strike prices at expiration, you may have to buy or sell 100 shares of the stock. If you don't have the buying power for this, your brokerage will put your account in a deficit. So if you think the stock might land between your strike prices at expiration and you don't have the buying power to buy or sell 100 shares of the stock, close it before it expires. Great video, Alex. Well explained 👍
@HighLifeWorkout
This video is awesome. One of the best explanations of the spreads I have see 🏆
@kle5064
Thanks Alex, im very much good with my earns with coach spencer
@anthonymay1280
Alex, you are changing people's lives. I think you are a teaching wizard and phenomenal entertainer. Please keep the videos popping out.
@chevrolet3176
This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high, today I am more than 60% down!
@willgordon5737
You also need option tier level 3 on RH to do this trade.
@Sauce-ke
The way Alex explains things makes everything easy to understand. The way he uses his words for explanations blows my mind. Its very well explained
@thealternativecontrarian9936
so simple and yet so effective ways of explaining debit spreads.
@savonne
Wow this is the kind of examples we need more of! I've seen a lot of videos of start trading do this do that but THIS makes sense and you SHOWED us how thank you
@JohnHanlin
Love all the videos from Pandrea Finance! Very easy to understand. With call or put debit spreads it's probably better to do weekly options vs monthly on because it's harder to sell put/call debit spreads if it's farther out from the option expiration date. Plus you're risking less money as options are cheaper closer to the expiration date. As an example, let's say your call is deep in the money (ITM) but your option expires a month from now. It'll be really hard to close out early on unless you sell it closer to the bid price which is usually less profit for you. It's also contingent on the difference in cost between the call/put you're buying vs the call/put you're selling. If both your calls/puts are deep in the money closer to the expiration date, it becomes much easier to close. For standard options, selecting a further expiration date is of course a good idea. Just my 0.02.
@rheymslazare861
You explained debit spreads very well...TY
@RichardCiarlo-o3t
Such an excellent explanation of debit call spreads. I totally understand it now and didn't before I watched this video. Thank you so much.
@kyletseng5202
stfu with the spam scam comments, thx pandrea as a starting option trader, you are very helpful
@Pindersk13
You’re very good at this man where are you now days? I used to watch your videos all the time
@ressi44
This video changed my life... best video I've seen
@markbeeson2858
Enjoyed and appreciate this video! Would like to see the other side of this - Put Debit Spread. Also am interested in your exit strategies. Awesome - you are my FAVORITE go to option learning source! Also a Patreon member. I did buy the Market Wizard book as well.
@Seoulsearch616
Alex, still watching your videos in 2024 and hope you will come back someday! You're a great teacher and I am learning a lot from your videos. 👍🏼
@pabloherrera30
Valuable. Thanks a lot! I've explored the idea of debit spread with ATM long option. You get about 1:1 Risk reward, but you can manage to close at half the loss, so you get 1 risk for 2 of profit. And probability goes much higher.
@wilfredorivera6459
What I like of your videos is the live example,that is what it's make lern. Thanks Alex.
@PandreaMoney