You Don’t Have to Hold Options Until Expiration (Yiddish)

Description

Many traders think options must be held until expiration. That’s simply not true. In this video, I explain why and when you should buy back an option or sell it before expiration, instead of waiting and taking unnecessary risk. You’ll learn: - Why most professional traders close options early - How buying back an option reduces assignment and gamma risk - When it makes sense to lock in profits instead of waiting - The difference between expiration risk vs. smart trade management - How this applies to short options, spreads, and income strategies This lesson is especially important if you’re trading for consistent income, not gambling on expiration. - The goal is not to be “right” at expiration. - The goal is to manage risk and stay in the game long-term. If you’re learning options, this is a foundational concept you must understand.