The Traderszone Network

Published in TZ Latest News 5 September, 2017 by The TZ Newswire Staff

Newbie credit spread question

Hi,
I am new to this and have been reading/studying and making paper trades.
I am curious about what my total loss could be on this spread trade –
Buy to Open 10 contracts of AA Sep 15 2017 44 Call
Last: 1.33, Bid: 1.35, Ask: 1.45, Bid/Ask size: 474X87

Sell to Open 10 contracts of AA Sep 15 2017 46 Call
Last: 0.50, Bid: 0.50, Ask: 0.55, Bid/Ask size: 110X87

total credit $1350

Current Short holdings of
AA Sep 15 2017 46 Call

Estimated after trade
-10
-$550.00
Current Long holdings of

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