I told you guys...closing positions for a loss is for fools.

There are these trade types:
- Passive trades
- Active trades
Most option traders who make "covered trades" (like CoveredCall and CashSecuredPut), but especially options spread traders, usually practice passive trading, ie. with the intent to keep the option till its expiration date.
Some traders just need to learn that there are also other ways of trading than their own way...

And: I never will understand why an options spread trader practices active trading....
For example with such a strategy: https://optioncreator.com/bull-call-spread

 

Victor Victoria.

 

Have a look at the thread title.

 

Also,'everyones a genius in a bull market'.

 

Since when are we in a bull market? All that matters is what the market does during the life of the option. It could be completely bearish for a week, even if it's overall been bullish.

 

Just be careful lad.

No one ever went broke taking a profit.

The 2023 Lambo is legit.

 

Hea smart enough to trade cash secured..

 

The risk in a ShortPut trade is "just" strike - premium.
Ie. the risk is limited, regardless whether it was cash-secured or margin.
That's even less risk than trading the underlying stock!...

 

2008 baby lambo with egear. Worth less than a Tesla plaid.

 

What dont you get about an active option trader trading spreads??