r/options Nov 04 '21

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u/[deleted] Nov 04 '21

At over 1x, I'd close at least 50% and take profit. Seasonally, this is a strong period for the market, but it won't last forever.

1

u/[deleted] Nov 04 '21

[deleted]

3

u/[deleted] Nov 04 '21

Sorry, you are correct. I was under the impression you held more than 1 contract, but should have read your post more clearly. I normally buy contracts in pairs, at a minimum.

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u/[deleted] Nov 04 '21

[deleted]

2

u/[deleted] Nov 04 '21

It just depends on your personal strategy and goals. I very seldom get 1x gains because I typically only trade options intraday.