Adjust Risk and Reduce Losses

Options trading requires you to know how to adjust risk and reduce losses. Options trading does not always go as planned and adjusting risk and reducing losses are all part of the profession. In this video I address our current positions and how we are going to hedge the risk on bullish put spreads that are at the money with only two days left. Legging out is not an option if you can’t watch the market during the day, but there are still methods we can use to protect our positions if the market continues to drop through technical support.