QFIN - Busting Options Myths Part 4: Let The Good Times Roll

• Part four of our "Busting Options Myths" series explores the other side of options trades: how to exit them.
• Common myths around exits: (i) let your winners run; (ii) cut your losses early; (iii) never get assigned shares; and (iv) never roll covered calls below your cost basis.
• We disagree. You can: (i) cut your trades short; (ii) stick with your losers; (iii) permit assignment; and (iv) sell calls below your cost basis to quicken trade repair.
• We provide real examples from our trading system and a framework for setting your own exit strategies.

For further details see: