The 3 BEST Ways To Manage/Adjust SHORT OPTION STRANGLES (Rolling, Stock Hedging, and Cutting Losses)

Short strangles are my favorite choice when it comes to options trading strategies. They are highly effective at taking advantage of inflated implied volatility and also provide a high probability of profit! However, with these strategies also comes "undefined risk". So you MUST understand how to properly manage and adjust short strangles to prevent large losses and keep the trade alive when things go wrong. And in this video, I will use my ThinkOrSwim trading platform to walk you through the 3 BEST ways to manage these strategies!

JOIN ME ON SKILLSHARE TOO!!!
** Signing up for a Premium Skillshare membership with any of the links provided below will give you a 2 week FREE trial! **

Introduction to Options: https://skl.sh/32z1x6f
Options Trading Strategies: https://skl.sh/2PVmouS
Options Trading Mechanics: https://skl.sh/2xwk1co
How To Invest In The Stock Market Using Options: https://skl.sh/2Qf67nK
The Power of Selling Naked Options: https://skl.sh/3a03JI0
How To Properly Track Your Trades: https://skl.sh/2R4NNi7
Understanding Stock Market Behavior: https://skl.sh/3hjEthu (Relevant to this video!)
How to Become a Profitable Trader: https://skl.sh/3nEUuCP
Covered Call & Covered Put Strategies: https://skl.sh/3nMqKTV
A Statistical Approach to Day Trading (Scalping): https://skl.sh/3pDFwNw
ThinkOrSwim Tutorial: https://skl.sh/3gz4CtD
Beginner's Guide to Stock Market Investing: https://skl.sh/3p56f6p
The All Seasons Strategy: https://skl.sh/3bh7RSG
The Power of Stock Market Diversification: https://skl.sh/3b6cMqL

#optionstrading #sellingoptions #stranglemanagement