How to maximize profit from spread trading

mmca2006

Active Member
#1
I used to do credit spread by shorting ATM and buying OTM , Now I just want to know from others who are trading option ... if stock moves in my favour ..should I close current spread and open a new trade by shorting current ATM and buying OTM or just carry on the old spread.May be an ODD question but I want to the view of others ,how they are trading spread both to maximize profit and to minimize loss when market goes against the position taken ..:(:(
 
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