30 min listen
111: Should I Buy Back My Penny Options Or Let Them Expire Worthless?
111: Should I Buy Back My Penny Options Or Let Them Expire Worthless?
ratings:
Length:
28 minutes
Released:
Dec 9, 2017
Format:
Podcast episode
Description
Show notes: http://optionalpha.com/show111 You made an options trade and the position has gone well, leaving you with a nice fat profit as expiration approaches. Now the question becomes, what do you do with these cheap out of the money option contracts you sold? Do you buy back your penny options or let them expire worthless? Are there risks to do one over the other and when should you lean one way or not? On today's show I'll talk through what our research shows about exiting trades early, when to just leave them on to expire worthless, and who it all impacts your bottom line profit and loss.
Released:
Dec 9, 2017
Format:
Podcast episode
Titles in the series (100)
OAP 013 : Mastering Stock Beta And Underlying Asset Correlations: When you start to trade more often and with more positions, remaining as neutral as possible will help smooth out your returns over time. This doesn't mean that you can't get directional (betting on a move up or down in something) but it does mean... by The Option Alpha Podcast