|spx put credit spread at 37 delta, expiring in 40 days|
i have several questions about this result that i will address in following posts:
- how much credit do you need to collect on a credit spread to make kelly happy?
- how common are kelly-positive credit spreads?
- should we be buying these spreads instead of shorting them?
- does a time-stop change the story?
- does an early buyback change the story?
- does a sense of direction change the story?