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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 third in the series of option trade management episodes.  In this episode we cover an example of a strangle trade that is being challenged on the put side. We discuss the details of this technique of rolling down the call multiple times that it goes across the short put side and the trade is now inverted

Version on Youtube : https://youtu.be/yTcBMNo6UCk

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