When a Call Credit Spread Goes Wrong | SPX Options Trading

After the FOMC rally this week, the SPX has continued to rally, testing a 2 DTE Call Credit Spread. Rolling it out is the usual option, but sometimes I prefer to repurpose the risk and open a different trade entirely. How a Decrease in Implied Volatility Can Lead to a Huge Rally    • How a Decrease in Implied Volatility can L...   Gamma Exposure (GEX) Playlist https://bit.ly/gex-playlist How to use OptionStrat (Risk Profile)    • How to Analyze Options using a Risk Profil...   Get 25% off your first OptionStrat month with my affiliate link https://bit.ly/optionstrat-tradinglitt Discord: https://quanttradingdiscord.com Website: https://quanttradingapp.com Book a 1-on-1 Zoom screen share meeting with me https://bit.ly/tradinglitt-calendar QTA Thinkorswim Studies https://bit.ly/qta-tos-studies TOS Studies Installation Guide https://bit.ly/qta-tos-studies-instal... #DayTrading #StockTrading #OptionsTrading ————————————————————————————————————— Find me other places:   / tradinglitt     / tradinglitt   ————————————————————————————————————— FTC: This video is not sponsored. However, I am the lead developer at QuantTradingApp.com. DISCLAIMER: I am not a certified financial advisor, and nothing in this video or text is an advertisement or recommendation to buy or sell any financial instrument. This video is for educational purposes only.