Entries & Exits

Taking Profits Before Expiration

Explore why it's important to take profits before expiration to maximize your win rate and profitability long-term.
Taking Profits Before Expiration
Kirk Du Plessis
Apr 19, 2021

Using a past video update for our members I'll cover a handful of option trades that I closed for both profits and losses, plus some new trades we are entering as part of our December expiration cycle.  Whenever we see a descent profit you need to exit the trade and bank the win - otherwise you can let the trade work as long as it takes to show a profit.

No tags found.
Next lesson
Mechanics of Rolling
Rolling is a great strategy to extend a trade's duration long enough to see the probabilities work themselves out. However, sometimes rolling can actually be detrimental to your position overall and increases risk. Learn the mechanics of rolling a position.

Trade smarter with automation