Managing Options Positions in plain English

Rolling and adjusting your Options Positions to achieve consistently higher trading profits

Created by: Options in plain English
Options Expert

What Will I Learn?

• Manage existing Options Positions to take advantage of current market conditions and extend duration
• Understand the different types of adjustment trades like rolling up, rolling down, rolling out and their combinations
• Learn how to keep track of all the credits and debits going into your Options Position as a result of managing it over time
• Review and analyze real examples of Options Positions that are managed using adjustment trades
• Identify the reasons why it makes sense to timely manage your Options Positions
• Explore the concept of an Equivalent Options Position and what it tells you about your current and expected profitability
• Learn to monitor your Options Position's P/L in real time using Total P/L, Open P/L and Realized P/L while understanding their differences and similarities

Requirements

• A basic understanding of what options are and how they work is helpful but not absolutely required

Target audience

• Anyone wanting to take control of their personal finances managing options positions to achieve it
• Beginners in the Options Markets wanting to improve their options trading skills
• Anyone familiar with Financial Markets wanting to add management techniques for Options Positions to their portfolio
• Active market participants wanting to complement their financial activities in Options with advanced management techniques
• Option traders wanting to expand their knowledge about managing Options Positions
• Students of Finance, Business or similar programs wishing to complement their academic and theoretical knowledge with practical management techniques for Options Positions