I'm going to bump this ancient thread
Here is a chart of the SPY, obviously price has dropped substantially since this thread originated. Tin, what would you setup for a credit spread in this instance?
Maybe July 132/133 (but these are nearly worthless) and July 119/118 puts. Would that be on the right track?
Also Tin, do you know where on TOS (or anywhere) where I can get tutorials for using their software?
EDIT: NVM, figured that part out
