What happens when a trade goes bad? Inevitably it will happen to you and how you react could be the difference between making or losing money. Do you roll out to the next month, move your strike prices, add/remove one side, or do nothing at all? In this popular module, we'll give you concrete examples of how you can hedge different options strategies to both reduce potential losses and give yourself and opportunity to profit if things turn around. Plus, we'll help you create an alert system to save time and make it more automatic.