Beginner Options Strategy (Part 2)

In part 2, I share a specific set of rules for trading weekly put credit spreads on SPY. This strategy keeps it simple so you don't have to think about option greeks or fancy modeling software. It just takes a few minutes a day near the close.

If you aren't familiar with put credit spreads or are new to options trading, you may want to watch part 1 first:
https://rumble.com/v2wx876-beginner-options-strategy-part-1.html

In part 3, I will talk about ways you might modify this trade to suit your needs. I'll also talk about how you can reduce your taxes with this strategy.

If you prefer this as a readable article, you can see my blog post here - but note that the example trades are only present in the video:

https://digitalnomadtrader.com/2023/07/01/beginner-options-strategy-part-2/