Hot next trade give yourself more time buying options further out. Giving yourself only a few weeks to expiration date is a real gamble. Imo with additional time the trade won't be as volatile and will give you more time to move into the money. That is what happened in a recent trade of mine with COH puts,I was under water but had the time in the trade to wait it out. Cheers and Good Fortune my friend
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.