With 21 days until option expiration, we are in the "Sweet Spot" for rolling. With that in mind, Tony and Howard look to extend duration on a few of his positions.
Tony and Howard open each strategy and examine his delta as well as whether or not his options are In the Money or Out of the Money. Then, Howard decides if he wants to maintain his directional assumption in each product.
Tune in to understand the logic of closing or rolling up, down, or out in time.
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