Recent content by newtooptions

Hi tooeffingold - I believe you chose the spx due to the cash settlement aspect and the debit side because if it goes up both options expire in the money and you settle cash and if it goes down but settle worthless. Light bulb!! I hope that makes sense as I’m just learning! Thank you

Gotcha! as my name implies, definitely new to options. I guess my intention would be to eliminate having maintenance requirements or cash available to exercise an option and paying for the entire position (example: 100 shares of a $100 strike or $10,000). Out of the 4 vertical spreads I...

Hi TooEffingOld, let me rephrase it for you. Can you do vertical spread options without EVER having to exercise either side of the options and still only have the limited loss or profit by letting them expire?

After reading about vertical spreads, is there a way that you never have to exercise either side and just let both legs expire and receive the limited profit or loss. This way you do not need margin or maintenance requirements? I hope this makes sense what I am asking. Many thanks for any help!