Can anyone please explain Call credit spread with the help of this example?
Initial stock price 178.87
call credit spread- sell 180 call and buy 190 call
entry price 3.12 (sold 180 call for 4.1 and bought 190 for .98)
max profit 312 (3.12*100sh)
max loss 688 [(10-3.12)*100]
can you please tell how can one person be in profit in this case? assuming any price you want to
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