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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 12/18 » Options strategies for trading

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Photobug
Posted : Wednesday, December 21, 2016 7:09:55 PM
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Joined: 10/7/2004
Posts: 11

hi I'm trying to do a paper trade for a credit spread which involves selling a call option at one price and buying a call option at another price.

Specifically simultaneously  Sell V Jan 80 call and buy V Jan 81 call.  I don't belive any of the built in strategies allow this, and I am not sure how to enter this as a multi option transaction.

Can you help adivse.

thank you

Harvey
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StockGuy
Posted : Thursday, December 22, 2016 10:02:25 AM

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Joined: 9/30/2004
Posts: 9,187

Yes, it's the Short Call Spread strategy.  Select that strategy then grab the horizontal pointers and drag them to your desired strike prices.
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Photobug
Posted : Thursday, December 22, 2016 10:09:07 AM
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Joined: 10/7/2004
Posts: 11

Thanks for the reply, I had tried that but I just had a DUH moment.  I was looking for the sell to open then buy, but just realized the strategy had that in reverse order.  Of course this strategy works just fine.  Thanks again for the reply.
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