If you’ve watched my video on the best delta for selling puts, you already know the naked put framework.
But put credit spreads introduce a variable that doesn’t exist with naked puts – spread width.
Get that wrong and you’re either taking on too much risk for too little reward, or your probability of profit isn’t as good as it looks on paper.
In this video, you’ll get the complete framework for selecting the right delta and spread width on put credit spreads, with real SPY and TSLA examples across multiple scenarios.
📈 What You Will Learn
The video walks through how put credit spreads differ from naked puts, how to select the short-strike delta, how spread width changes risk and reward, and how to apply the framework using real SPY and Tesla examples.
Timestamps
- 00:00 – Start
- 00:26 – How Put Credit Spreads Differ From Naked Puts
- 00:58 – Short Strike Delta Selection
- 02:09 – Spread Width – The Variable Most Traders Underestimate
- 02:18 – Real Examples – SPY vs Tesla
- 04:18 – The 4-Step Pre-Trade Checklist
- 05:10 – Two Mistakes to Avoid
🔗 Helpful Resources
- CSP Calculator
- Option Wheel Tracker Spreadsheet
- Wheel eBook
- How to Fix Losing Options Trades
- 10-Part Iron Condor Course
- Options Trading 101
- OTIQ Best Articles
- Master Credit Spreads
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