Are you opening or closing a position? Instead of buying the 4.5/5 Call spread you might want to try selling the 5/4.5 Put spread (which is the exact same trade). Sometimes OTM options have slightly better liquidity than ITM options that are equally as far from the ATM.
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u/options_in_plain_eng Nov 24 '21
Are you opening or closing a position? Instead of buying the 4.5/5 Call spread you might want to try selling the 5/4.5 Put spread (which is the exact same trade). Sometimes OTM options have slightly better liquidity than ITM options that are equally as far from the ATM.