I have been doing research into selling credit spreads. Is there anyone here that does that and do you get a pretty consistent return?

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Do you mean credit default swaps?

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I heard you can apply in the lobby of JP Morgan Chase

funnylike

I haven’t tried it, but if you do please report back.

If you mean simple bull put spreads and bear calls this is a very common trade, right behind covered calls.

More volatile, but pretty dependable. Exit criteria are critical. One set of rules focuses on 30 days out? Short at 20 delta, and close at 5 days or 60% potential profit. Exit if loss is 2x the credit to cap losses.

I'm mostly a diagonals trader, but I do credit spreads on RUT for cash flow. Also qualifies you for index tax rates of 60/40 LT / ST.

Very helpful, I really appreciate the advice/time.

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