OGP022-Option Trade Management Part IV
In this episode we cover an example of a short call trade and how we used combinations of option management techniques to convert a $708 loser trade into $79 profitable trade.\n\xa0We discuss the details of various techniques First creating the unchallenged side, then rolling up the unchallenged side and then rolling out to the longer dated expiration to convert the potentially loser trade into a winner trade\nManagement 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.\nVersion on Youtube : https://youtu.be/nOmN8h1XZ_M\nOptionGig channel on Youtube : https://www.youtube.com/channel/UCzRV68jzvb3R7OSdTrFBASw