SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Calls and Puts for Income

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bridge Player who wrote (5762)8/27/2013 4:46:50 PM
From: Delfino R Zavala  Read Replies (5) of 5891
 
Bridge Player and All other experienced option players

I hear a lot about closing out option plays before expiration to prevent unknowns from destroying your gains.

Do you all have a rule that if we have 70% or 80% or 90% of our gains its time to get out of the trade?

I always tend to hold too long because I am in a good trade with a lot of downside protection and I don't

have any better ideas of how to replace the trade.

This is a general question to generate ideas.

Thanks
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext