Hello
I've been following WSB for about 6 months now, but only 2 days ago, while studying for my final corporate finance, I've decided to get into the race, hopefully in the $ as well..
I watched a bunch of videos to finally understand calls and puts, however, I am confused about the risk while doing credit or debit spreads.. For example, if I buy a call, and then sell a call with a higher price, the risk is the premium I've paid for these options. But what if the price of the asset lands between I bought and sold? Am I then assigned the stocks for the call I bought?
And if the call I sold expires while the price stays above the call I bought, do I win then?
Hope someone can clarify this to me so that I can fully get into this... I've got up to 1k to start, just feel like I don't wanna mess up when I start..