Closing Out Option Positions - The Three Biggest Mistakes New Option Sellers Make and How to Avoid Them

The point to take here is that there are several ways to manage your risk

. The important thing is that you have some kind of exit plan in place. That way when the market or your option reach a certain level, you know exactly what to do. You are not reacting emotionally.

Avoiding these three mistakes alone will take you a long way towards becoming an effective option seller for years to come. Closing Out Option Positions

Closing Out Option Positions - The Three Biggest Mistakes New Option Sellers Make and How to Avoid Them

By: Trading Expert

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