Before we get started
with that, I would like to mention if you would like to learn different
option selling strategies and how to sell options on commodities as a core
program for your investment portfolio, I do recommend our third book, The Complete Guide to Option Selling: Third Edition.
If
you watch some of our other videos, if you did read the book, or you got
some of our brochures in the mail, you’ve probably seen us talk about a
traditional strangle in the past, which is selling a put and selling a call
in the same market at the same time.
It’s interesting because whenever I write about using a ratio
credit spread I inevitably get somebody write in or call in and say, “I
really love that piece on the ratio credit spread.
If you’re trying to trade the spread from home, it’s often going to involve
being at your computer, replacing the order, maybe possibly selling the put
spread first and selling the call spread afterwards.