In the stock market, many traders believe that there is no difference between a credit spread and a debit spread. This may be true, but its not always true. There are those trades that will benefit most from a credit spread whilst in other times the trades will benefit more from a debit spread. This article, ‘Credit spread versus debit spread’, explains options debit - credit spreads for those who might be interested in such a trading strategy.
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Hindsight Bias - And Using Cognitive Bias to Your Advantage