It’s not about buying or selling—it’s **when** you do it. IV, market conditions, and tickers matter.
**Buying Spreads (Debit Spreads)**
* **When**: VIX is low, options are cheap.
* **Tickers**: ETFs (like QQQ, SPY, even wild stuff like tsla, nvda .
* **Expiration**: Longer to let the move play out.
**Selling Spreads (Credit Spreads)**
* **When**: VIX is rising, premiums are high.
* **Tickers**: Slow movers (that were too cheap to sell with low VIX) or high-volatility plays like NVDA, TSLA, COIN provide awesome premiums (but I close overnight to avoid blowups).
* **Expiration**: Shorter to capitalize on quick theta decay.
* **High IV for individual tickers: I**V jumps with a significant event on a horizon, juicy premiums
VIX has been all over the place this year. It’s not **what** you trade, it’s **when** you trade it. *(Trades from 2/1/25)*
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