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Know Your Options - Closing a Trade

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In today’s Know Your Options Video segment, we discuss the best methods for closing a trade whether you original thesis was correct – or incorrect.

Most traders are familiar with the concept of purchasing an option that will be profitable if their expectation for movement in a stock is validated, but they are sometimes less familiar with the strategies available for taking the trade off in the best possible way.

Options trading is a competitive environment and knowing how to maximize profits on the winners and preserve capital after a losing trade can be one of the most important factors in long-term profitability.

Top professional traders never intentionally leave money on the table – and neither should you.

Tune in and find out how you can get the most out of your own option trades.

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