Selling a Credit Spread using Put Options is the topic of today’s Trader Tip by Brian Benson of TheTechnicalTraders.com. Oil Services companies such as HAL, BKR, and SLB are doing very well as capital expenditures in the Energy Sector have the order books for equipment and services very full.
In today’s video, Brian shows how to implement a Credit Spread using the OIH ETF as an underlying. It’s a high-probability trade setup with a potential return of more than 20% for a month’s duration. The Credit Spread is a neutral to bullish trade and gives us some room to be wrong and still make money.
TO LEARN MORE ABOUT CREDIT SPREADS – WATCH THE VIDEO
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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.