Exiting Options Trades Automatically - How To Trade Options - Options Adjustments

Exiting options trades automatically once they reach predefined profit targets is one of the most important concepts you can master as a new (or experienced trader). When we close trades early we increase our overall win rate dramatically as we'll show in this video.
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[@joek3023]

Just starting to scratch the surface of you videos and podcasts. Finally understanding how options work thanks to you and your easy to follow along format. Thank you!

[@OptionAlpha]

You're very welcome Joe and thanks for the kind words - glad it's all helping!

[@akshayvemul1431]

great as always

[@OptionAlpha]

glad it helped!

[@bobb74ysmith]

Wow is all i can say Kirk,learned so so much thank you.

[@OptionAlpha]

You're very welcome!

[@somedeparted]

One quick question. The 50% target profit for example, does it includes the commission? Or exclude?

[@OptionAlpha]

Exclude - commissions vary greatly so adjust as needed to fit your cost structure.

[@somedeparted]

thanks Kirk!