Put-Sell Trade Gone Bad? Here's How To Repair It...
We love selling put options!
But sometimes the stock can move in the wrong direction and cause us to play defense.
How do we protect ourselves and the position?
One of the best ways is to "roll" the trade.
What does that mean?
Well, we buy back the original position and re-sell another put option with a lower strike price and further-out expiration date.
In the first video below, I'll show exactly how to execute the "roll"
And, in the second video below, I dissect the stock charts and indexes to see what happened over the last few weeks of trading, and what may lay ahead. This is what I call my "Saturday Synopsis". It can help improve your own results.
Just click below to watch the videos:
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Have a great week!
Until next time...