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Management of option trade is what separates seasoned option traders from novice ones. This is an area that separates profitable option traders from those who lose money. So it is extremely important to master the option trade management techniques to generate consistent income over long term trading options.

This episode is first in the series of option trade management episodes.

In this episode we cover the basic, but very important technique to manage an option trade that is challenging us

We discuss the details of this technique of extending the duration of the trade

In the end, we also review the real life example from previous week trade in which exactly the same scenario played out.

You can watch it on youtube at : https://youtu.be/mqm5i64nSUw

OptionGig channel on Youtube : https://www.youtube.com/channel/UCzRV68jzvb3R7OSdTrFBASw