Trade Management

For the first time since starting this blog, all my naked puts didn't expire worthless and all my covered calls didn't get called away. So now it gets fun. It's time to manage those trades and thus the new and ingenious title "Trade Management."

Trade management is crucial to being successful in this business. Starting today I will start posting what I've done with some open transactions. I've only managed a few ERX open positions because I'm waiting for it to rise which I think will happen shortly.

Please feel free to let us know how you've managed your trades and what you think about how I've managed mine.