If you are struggling to place a credit spread trade on Tastytrade, then this is the guide for you! This guide will walk you through it step by step for anyone who isn’t tech savvy or needs more help.
Your Step By Step Guide For TastyTrade
Tastytrade (previously called tastyworks) is an online brokerage account geared toward hands-on investors interested in options and futures trading. It’s free to open a standard brokerage account, and investors get access to short-term and long-term investment options with a transparent fee structure. Furthermore, this is my favorite options trading broker! If you are a US resident looking for a broker, I highly encourage this broker. Now, on to the step by step walkthrough!
Step #1: Locate The Expiration Date (Jul 21, 2023)
Step #2: Set Up A Put Credit Spread (Sell $361, Buy $360)
Step #3: Place The Trade If The Mid Price Is Greater Than Or Equal To 0.15
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Want to get access to the Trade Ideas Algo shown in the video? Click here to learn more about the 10% Credit Spreads Program.
Thanks for reading 🙂
Austin Bouley
CEO & Chief Strategy Officer