First Trade! Call Debit Spread | Robinhood Options Portfolio

Welcome to the first ever Robinhood Mini Options Portfolio update! Today I cover the first trade I've placed in the account and how it's going.
I also cover why I entered the trade as well as my plans for exiting said trade in both the worse case and best case scenarios!
Tune in next Wednesday to see how the trade pans out, and make sure to subscribe for more videos!

[@tod8205]

Great job Nick. I love debit spread trades. I do more put debit spreads when opportunity presents itself.

[@nick_investing]

Thanks Tod! I do too. Spreads are awesome for small accounts like mine. I also hope to use put debit spreads when the opportunity presents itself.

[@vickzn1708]

thank you so much for posting these videos 🙏🏾

[@nick_investing]

Of course thank you for commenting!

[@MiguelAcevedo-gf1hz]

thanks

[@nick_investing]

No problem!

[@nick_investing]

Thank you for commenting!

[@Stock-Trekker01]

Trying to absorb what you are doing, Keep going and good luck with this new play. Will stay tuned for more👍

[@nick_investing]

Thank you man 🙏 hope to keep seeing you in the comments!

[@passivedividendsoptions]

Interesting I always thought 2k was required in order to buy/sell spreads.

[@nick_investing]

Ya now that you mention it - me too. I know that $2k is the minimum requirement for margin on Robinhood (I think), and I know most brokerages require $2k for level 3 options, but I guess not on Robinhood. Weird!

[@passivedividendsoptions]

@@nick_investing Nice!

[@passivedividendsoptions]

@@nick_investing How'd you open a second brokerage account as well? I'd like to do the same - but I know in the past they used to prevent having multiple accounts.