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I am in the same boat with short ratio spread (+10 60P / -20 57.5 P). Fortunately I was able to short 700 Stocks @ 55 in AH drop & rebound. After that I will be on hook for the 3 short puts. Could have been worse. Hope fully it will open over 53 to keep my loss to minimum.

I am in the same situation. In fact I only did the call credit spread this month thinking the risk is to the downside. I am a newbie to the SPX credit spreads and looking for suggestions to comeout of this trade with minimum loss. FYI - I did 2 contracts and still have $5k available in cash for...