Option Millionaires

[Gixene]

I have a question on exit strategies. First, I know this is a touchy subject and I know everyone has different risk tolerances. I'm not talking about talking about the subject of risk tolerance itself. Rather I'm speaking of the nature of exiting. More so of a set strategy that prevents emotional trading. For example, when trading or investing in stocks I use the ATR to place stops losses and this in turn helps me decide a target to take profits. Is there a way I can use the same exit strategy that I do for trading/investing stocks as I do option trading? Or is there a similar technical indicator that can help me better decide a exit strategy? Any ideas or opinions?

Thank you in advance for your response.