Options Trading Concepts Live - January 20, 2021 - 21 Days To Expiration Rolling
With undefined risk options trades, it makes sense to roll positions out in time prior to expiration to avoid gamma risk, since we can always collect a credit even if the trade is ITM. For defined risk trades, there are many reasons to hold past 21 DTE to see how the trade plays out, since gamma risk is largely dulled with narrow spreads. Tune in to learn how Mike & Nick approach rolling trades, and much more from the viewer Q&A!