Course Summary
Trade Adjustments
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.
Course Outline
15 Video Lessons
Course Objectives
What You'll Learn:
- The most important aspect of trading and making adjustments to positions.
- Determining when to adjust trades and what triggers you should use for alerts.
- Managing the overall portfolio vs. single positions and how it effects adjustment decisions.
- Multiple detailed and individual strategy adjustment walk through videos.
- Using delta hedging and rolling positions near expiration to extend duration.
Course Intructor
Kirk Du Plessis
Founder & CEO at Option Alpha. Former Mergers and Acquisitions Investment Banking Analyst for Deutsche Bank in New York, REIT Analyst for BB&T Capital Markets in Washington D.C., and consultant for multiple funds, family offices, and financial advisors. He’s been featured in dozens of publications including Barron's, Smart Money, Forbes, Nasdaq, and MarketWatch.
Join 209,817 Options Traders
Membership is always FREE & you can upgrade anytime to unlock software tools.
Join 209,817 Options Traders
Membership is always FREE & you can upgrade anytime to unlock software tools.