Beginner and Small Account Trading Group - June 27, 2019

status1

Active member
I just watched the presentation and I noticed a small error
When Tim was showing the call credit spread he looked at the market move which was 159 which he rounded up to 160 than he made a quick calculation in his head and said that's 3000
That was only 75 points higher than the 2924 price at the time
It should have been closer to 3085
He was surprised that he got so much credit but that was because it was only 75 points and not 160 as he was trying to do

Not a big deal I just wanted to correct the presentation for the beginners who are following it closer and trying to learn where to place the adjustment
 

Tim

Member
Staff member
Thanks for the correction. I know better than to try to do math in my head.
 
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