A common thing in the trading world as accounts gain value is for investors to double down on their contracts. However, Mike breaks down 3 benefits of widening options spreads instead, and why he does so in this segment!

0:00 Introduction
0:52 Quick Overview
1:57 Larger Credit
5:30 Higher Probability of Profit (POP)
9:09 Naked Option Behavior
13:11 Takeaways

#optionstrading #options #optionstrategy

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This video and its content are provided solely by tastylive, Inc. (“tastylive”) and are for informational and educational purposes only. tastylive was previously known as tastytrade, Inc. (“tastytrade”). This video and its content are not, nor are they intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Supporting documentation for any claims, comparisons, statistics, or other technical data, if applicable, will be supplied upon request. Multi-leg option strategies incur higher transaction costs as they involve multiple commission charges. Please read the Characteristics and Risks of Standardized Options Disclosure prior to trading options. This video and its content were created prior to the legal name change of tastylive. As a result, this video may reference tastytrade, its prior legal name.