Stock Option Spreads — Two Things to Consider Before the Greeks

We get a lot phone calls related to option spread trading, many of which start of with something like “what do you think about the Delta for this option?”, or something similar related to one of the other Greeks: Gamma, Theta, Vega or Rho.

But before considering the Greeks, it’s a good idea to consider the support and resistance for a stock, index or ETF.

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