Options Trading: When to Take Profits! ✂️❓❗

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When and How to Take Profits on Options. When do you exit an option trade? When do you take profits on an option trade? How do I gain profits by trading options? How do you decide it is time to take profits? When should I take profits on my options? 'Original question asked by Timur Muhammedov. I`m trying to trade stock options on my paper trade account. The problem is that I don`t know when to take profits After 20%, 50% or 100% increase of options price. Could you please comment on that?' Options are a good trading vehicle. Options can sometimes rise heavily in value but most of the time you'll risking considerably. Say, you're buying an out-of-the-money call option on a long trade. The trick here is to trade the chart and not the option.

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