Put Options Lesson 7: Hold, Close or Roll ITM Puts (position management)

In this lesson, Lilia goes over her IWM August 2014 $113 puts trade, from beginning (sell to open) to end (buy to close). These options went "in-the-money" just 3 weeks after Lilia placed the trade. The "paper loss" was nearly $1100. Lilia explains how she managed those options. She explains why she chose to leave those options open rather than closing them. Net profit in the end: $480.68 Presented by Lilia www.moneyandlilia.com www.liliasmoneymusings.blogspot.com (list of trades)

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