### Comment:
So let's say I bought a 12/21 $SPY 262P. Would then selling a 12/21 $SPY 261.5P be beneficial whether it goes up or down because I get a credit (although smaller than the debit I paid for the other put)

### REPLY:
http://optionsprofitcalculator.com for you and any passers-by 
  
 You can enter prices you paid manually to check on these sort of situations

### END.