u/Upper_Blackberry_685 ·
Reddit — r/thetagang
· April 29, 2026 at 19:49
· ⬆ 25 pts
· 💬 19 comments
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So far my credit spread strategy has been working pretty well after learning about credit spreads around a month ago. Typically I try to put up $400-$600 in collateral and will try to find more conservative delta’s around the 20 range. I also only trade ODTEs (which I know are risky due to crazy gamma)
Total profit so far is $776 and a 85% win rate on my trades. Typically if a trade is going against me, I will try to close it out at about 2X of the premium received instead of letting the trade completely eat away weeks of gains. Any thoughts/doubts would be happy to hear.