Exiting Trades

SmartPricing is Option Alpha’s proprietary technology that uses timed intervals to dynamically adjust pricing to optimize your entries and exits.

Does your portfolio have multiple strategy types? Learn how to use monitor automations to manage different positions inside a bot.

Stop using manual trade orders. Start automating your profit targets and stop-loss exits with this simple decision recipe.

If you want to avoid expiration, automations can use a decision recipe to automatically exit an options position a defined number of days before expiration if no exit criteria have been met.

If you have a vertical option spread that you need to exit but you don't want to get creamed closing the position, here are some helpful tips so you can safely look for the exit doors without watching your profits evaporate.

Options trading involves opening and closing positions all the time. These are the entry and exit basics for options trading.

Do you know when you should buy back the short leg of a credit spread? It's important to remember that options trading is about controlling your risk and removing trades that show too much risk without enough profit potential. If you can do this consistently, you'll be well on your way to better returns.

When should you hold a position and when should you cut losses? Learn to control your emotions and exit trades before they become big losers that blow up your account.

Master the four different option order types. Learn to use limit and market orders to open and close positions.

Paper trading an account can be a great tool to help traders develop a consistent trading routine. There are pros and cons, however, so we help you understand what to do and not to do when paper trading to be successful.