3 WAYS I SAVE A LOSING OPTIONS TRADE! | EP. 66

Let's talk about how we can fix a long options trade that has gone wrong by discussing a couple of ways to save a losing trade. In this video I will talk about what you can do after you have bought a put option or a call option and your trade is down. This might help you save your long call options or long put options in the future or at least minimize the risk.

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[ChrisWittusen]

You can also sell a call below the low call that you bought, if you think the price will continue down because that will give you a bigger credit and you would now be in a credit spread.

[ruthkimberly]

Investing in a Bitcoin is the wisest thing to do now especially with the current price Despite all the economic crisis this is the right time to start up investment

[emdieselify]

How do I do this with a put. I’m in a losing put trade

[ThePokiri]

Don't you need to own the stock for buying a long call spread?

[JTMEGA]

This is exACTLY what I was looking for. TySm. I joined ur discord channel btw, lol

[walkwithhim]

Any more videos about spreads. I’m still tryna grasp it

[sharonsenior]

Just learned how to put stops on my RH options. Thank

[rolytred]

Can I use this same strategy for more advanced options like a short iron condor or even just a Call Debit Spread?

[tommymoua]

Curious what your thoughts are on this? I purchased 5 x AMD call option back on 1/26 with 190C / Exp: 2/23. Cost was $8.09. Breakeven is $198.09. Is there any hope to save this call option or just take the loss and move on.

[loutownsend]

Newbie question: I bought a $15.00 strike for $1.52 on Lyft and it is way in the negative: I want to sell a $12.5 strike on the same expiration date and it is currently selling for .30 . Since the vertical spread was created in 2 separate pieces it does not appear as a paired vertical spread: instead it appears on Robinhood as 2 separate options...so how do I calculate my loss or profit? As one goes up the other goes down and which do I buy/sell first?

[kimberlyshim]

Thank you so much for sharing your knowledge.

[ryanrodriguez]

thankkk yoouuuu…..!!!!you have earned yourself a sub my guy great vid very useful info

[wayupnorth]

Great video, the only people thumbs down this are just plain haters.

[muhammadasim]

I think option 3 in 11:00 is call debit spread .

[ongke]

you can sell call when you dont own the underlying stock? Please explain thank you

[jnti]

Hello, I have a call that was negative and tried to sell call to fix it but instead of rolling position i selected an ITM instead another OTM. Now I have 3 contracts still negative at .61 cents each and it says I have sell to open another 3 contracts of that stock. Help!!

[Flori_Duh]

This video was very informative. Can you post a similar video, but dealing with how to save a losing of a trade?

[haloo]

Does this work with others strategies? Like iron condor ?

[albertcervantes]

Hi Guillermo, i want to know if feel the the company Reto echo solutions out of Bejing symble (reto) is a stable company worth considering?

[zerogale]

Does this method of selling the call count as a day trade if it’s same day?