Had put in a short call vertical credit spread in SPX futures last night, and was able to unload it today automatically when SPX was at 2808.
Great gains - this was helpful as this trade along with the other have a small but positive delta which favors the long side.
Another trade here where the goal was to increase the daily theta I was receiving in. Pretty dumb in some ways, my commission fees with my broker are higher trading /ns futures & the theta is lower than the QQQ trade, adn the QQQ trade is further out in time and each strike requires less capital.
None-the-less I am learning over here.
Keeping it on since I already am in it and the work is done, but won't be doing any future option trading unless I have a directional bias.
pop is also lower at 58%
-so essentially more risk for less of a reward?