I think you are mis-understanding a risk:reward ratio of 2:1.
As far as I know you can't get that R:R by trading stocks short term. (unless the stock is very volatile)
Options yes - stocks no.
Pfizer Inc. (PFE)
https://finance.yahoo.com/quote/PFE?p=PFE&.tsrc=fin-srch
Promising results on COVID-19 vaccine with some countries buying pre-sales in the hundreds of millions doses.
Once your credit spread is ITM it's best to close the trade.
Next trade should be only a long option for maximum return on your dollar.
The short leg of a credit spread in most cases will cause you problems.
Heads up - FB, APPL, AMZN, GOOGL - Earnings Thursday
IMO......
GOOGL, AAPL and FB options are reasonably priced.
I like the GOOGL July31 1600 calls at $8.40. (long position)
AMZN options very expensive.
I have no trades at this time.
A cheap earnings option play on those 6 stocks could be traded with QQQ options. Keep that in mind next week for GOOGL, AMZN and AAPL earnings on July 30.
NO ...... I like how options only trade during market hours. The after-hour and pre-market gaps is very exciting for option traders, especially during earnings.