Advanced Options - Part 1

Hi Makayla I just took this Advanced quiz but can you double check my Credit spread question(i got wrong) With the 7$ and 2$,even after the results I thought since 7 was more than 2 its a CREDIT spread not a debit so its sell the 7$ and buy the 2$(bringing in more than we buy) right? I could be very wrong lol! Thank you M, Anyway 1st one to take the Advanced quiz for 2 wrong and an 87 il take that! lol

22 hours ago, Roscoe Washington said:

Hi Makayla I just took this Advanced quiz but can you double check my Credit spread question(i got wrong) With the 7$ and 2$,even after the results I thought since 7 was more than 2 its a CREDIT spread not a debit so its sell the 7$ and buy the 2$(bringing in more than we buy) right? I could be very wrong lol! Thank you M, Anyway 1st one to take the Advanced quiz for 2 wrong and an 87 il take that! lol

@Makayla Hey M I forgot to tag you in this question lol just wanted you to double check this for me,am I wrong in my answer? Thought for sure I was right thought! lol Thanks again

@Roscoe Washington I do not want to give the correct answer here because members need to take it and find out for themselves But we edited the wording to hopefully have it make more sense. Please try taking it again. Thanks!

@Makayla Ok M I will and thank you for taking the time out to look at it for me!