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Trading options can be a risky move, but there are ways to lower that risk through education. It is very important to understand all the ins and OUTs options before getting involved in them. By knowing all the possible outcomes of an options trade you can go into with a good game plan and exit strategy.

In this video we will talk about the exit strategy when it comes to trading options. I will show you how to buy to close and sell to close and options so that you can exit the position if you need to. This may be done not only to cut loses but also to lock in profits as well.

I will show you how to close covered calls, cash secured puts, spreads, and iron condors with examples right from my robinhood options portfolio.

By knowing all the possible outcomes of an options trade and how to get out of one when you need to, you will greatly lower the risk of trading options.
Cheers

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DISCLAIMER: The content discussed in these videos are solely my opinion and should never be used as financial advice. This channel is for entertainment purposes only. Make sure to consult with a professional before making money decisions. This video and description contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission; all of which helps grow the channel! Thank you for your support!