Option Spread Vertical Bear Call Credit Spread CMG by Larry Gaines | Jun 7, 2017 | Options 2 Comments sebastien tournier on June 8, 2017 at 4:17 am Agree but don’t u find it more risky in such low imply vol environnement than buying put spread ? Reply Larry Gaines on June 8, 2017 at 9:12 am With low I.V. I’m much more selective. I want to be far OTM, and generally around 7 days out so that there is time to make adjustments to the trade. Always have a trade management plan… Reply Submit a Comment Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.