Just looking at the strategy chart on options oracle. It appears that i only get the full profit potential benefit out of a spread like this right at the close of expiration.
I assume this is because the 31$ would have a bigger premium relative to the 30$ premium untill the premium completely decays.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.