Posts  / META  / #POST-238018
REDDIT

CSSP vs. Put Spread

N
Apr 30, 2026 · 19:25

Ok, so today, I made a dumb mistake. I wanted to do a short put (CSSP) on META for May 15, but instead of doing one contract, I did 10. It executed, so I guess I have enough margin to cover, but definitely not enough cash to buy 1000 shares. So, the trade I was going for is a bullish to even trade on META, I decided to buy puts under the ones I sold to make it a Put Credit Spread. The credit I received for doing 10 contracts is about $1500 whereas the credit for the short put on 1 contract which was my original intent would have been roughly $500. Now, my original thought was to get the shares, but with a credit spread, I am now just looking for premium erosion. Just wanted to get people's thoughts on the trades. Both are good for a bullish or sideways move, but one gives me shares if the stock keeps moving down.