Repaints AGAIG Extra Profit from Credit Spreads in ThinkOrSwim

[csricksdds]

As Good As It Gets
Extra Profit from Credit Spreads
I answered someone's question a few minutes ago and thought this might actually be a good tutorial?​

These are some credit spreads I made yesterday (the day before Thanksgiving 11/27/24), in addition to my regular trades.
Also included is the chart I was using for scalping.

This is the current chart I was using for scalping.
I use it on 4,5, and 15 minute charts (I actually find scalping works well on a 15 min chart).

When I get a long change-in-direction indication, I will frequently:

• Buy a Call (my usual trade) and
• Sell a Vertical Put Credit spread and then
• Buy the credit spread back for 25-50% of the credit received for a little extra profit

These frequently work well overnight; with overnight theta decay and frequently open with a profit
(I may get into these late in the day on pullbacks)

This is the chart link: http://tos.mx/!tpASp7Bf MUST follow these instructions for loading shared links.
This is what the chart looks like: (I posted the wrong one first)

Four quick examples of selling credit spreads yesterday:

SNOW -4 170/165 P @1.38 Credit Bought back @.97 = $164 Profit
SNOW -2 165/167.50 P @ .81 Bought back 28 min later for .43 = $76 Profit
NFLX -2 865/862.50 @.96 Credit Bought back 3 min later for .54 = $84 Profit
NVDA -2 133/131 @ .80 Credit bought back 2 min later @.51 = $58 Profit
A little extra $382 profit in addition to my Buys which were also profitable.

 

[cando13579]

Hi @csricksdds , is does not seem right?
pic., attached.

 

[csricksdds]

Hi @csricksdds , is does not seem right?
pic., attached.

Here is the corrected Chart Link (I hope-my brain is taking Thanksgiving off): http://tos.mx/!tpASp7Bf

 

[cando13579]

Thank you

 

[csricksdds]

Thank you

You're welcome - hopefully some help along the path of life!