Those following the trades in my previous post about Vertical Credit Spreads should see how nice a trade they can be.
The trades went into profit straight away as the market moved in a direction faourable t the spreads, which was the whole idea. However, had I not been nimble enough or been too greedy to take profit, even though the market rallied in subsequent days, there was still profit and time to take them off.
I will be showing more of these very directional trades each week using both vertical credit spreads and broken wing butterflies.
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