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7 Ways to Eliminate Risk in Options Trading

Network event
107 attendees from 28 groups hosting
Photo of O'Brian Woods
Hosted By
O'Brian W.
7 Ways to Eliminate Risk in Options Trading

Details

We encourage beginners to come and learn!

This event topic is on “7 Ways to Eliminate Risk in Options Trading.” Managing a trade that gets tested is one of the most important skills an options trader can learn. Entering a trade without a risk management plan is a recipe for a short term trading career. Come learn about 7 different ways to manage risk as you enter a trade and as you adjust tested positions. We will discuss a few real-life trades and how we managed the risk towards a profitable trade. We will do that by covering the following:

HAVE A PLAN - 3 Ways to Manage Risk Before you make your Option Trades:

  1. Plan your trade based upon DELTA.
  2. Number of Contracts, Allowed and Max Loss perimeters preset before entering the trades.
  3. Diversification of Underlying (non-correlated)

FLEXIBILITY INSIDE OF YOUR PLAN - 2 Ways to Manage Risk when a position is tested.

  1. Adjustments for tested positions. Roll up, Roll Away, Roll Out, Take the Loss and move on.
  2. Duration trumps Direction – Case study on one or two real-life trades

MANAGING FOR THE UNEXPECTED - 2 Ways to Manage Against Black Swans:

  1. Buy Very OTM Puts in an Index
  2. Hold Real Assets like Gold and Silver or Options in Gold

You MUST use the below link to register for the webinar:

https://attendee.gotowebinar.com/register/6765097559628002832

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Tampa Options Trading Group for Monthly Income
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