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REDDIT

Guidance on Credit Spreads

M
Mar 31, 2026 · 18:17

Hi all,

Wondering if you could help me with some advice.

#Noob Here

I'm not really sure what happened on one of my recent transactions.

On Mar 18, I opened a bull put credit spread on CCL expiring Mar 27: Sold 24P, bought 23P protection (net credit received = 27). Expected max profit if CCL stayed >24 at exp.

CCL closed ~24.11 (above short strike). Both puts should have expired worthless; I keep full credit. Right?

But Tastytrade activity shows:
- Mar 28 "Bought" [short leg?] @ $0.22
- Mar 20 "Removal" @ $0.00 (long leg)

Why the $0.22 "buy"?

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