When to Exit an Options Trade

The Secret to Survivin’

How to Double Your Money on Every Trade You Make

“Now every gambler knows that the secret to surviving is knowin’ what to throw away and knowing what to keep.”

Deciding when to close an options trade is no easy task.

Options may be a gamble, but the great thing about them is that the most you can lose is what you put in. So keep the iconic words of Kenny Rogers in mind and take an active role in managing your options positions.

And if you’d like some more ideas on how to exit trades profitably, check out Closing Out Option Trades for Triple-Digit Profits.