Kelly Criterion For Position Sizing Credit Spreads

In this episode, I cover my interpretation of the Kelly Criterion to help determine the optimum position size for a credit spread strategy. We'll talk through the basic idea as well as the four factors or variables you need to calculate the Kelly Criterion. This episode will give an example for applying it to a credit spread strategy but the Kelly Criterion can also be used for other strategies too. Free SPY Call Buying Strategy Course: https://www.stockmarketoptionstrading.net/all-courses Great YouTube Video on the Kelly Criterion: https://youtu.be/THYLv5_0Vm8 Books Mentioned: Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street by William Poundstone The Man Who Solved the Market: How Jim Simons Launched The Quant Revolution by Gregory Zuckerman Credit Spread Strategy Mentioned: https://www.patreon.com/posts/62651192