Hello, I am curious to learn how to determine the maximum loss for my vertical credit spread.
This is my trade
Wrote 10 May 435 puts at $0.54 $540
Buy 10 May 425 puts at $.16 ($160)
I know my maximum gain is 380 ( less commissions )
But what would be the Max loss?
Thank you for anyone that can help.
This is my trade
Wrote 10 May 435 puts at $0.54 $540
Buy 10 May 425 puts at $.16 ($160)
I know my maximum gain is 380 ( less commissions )
But what would be the Max loss?
Thank you for anyone that can help.