Be careful when you adjust your options positions!

· 85 words · less than a minute

So I keep reading on traders sites about adjusting option positions when it is under water..It might be a simple gap down on a stock after you bought a call. Most often it is short put vertical yesterday then a stock drop today! I caution you to think twice for you just might be doubling down w/o realizing it. Model out your new risk , figure out your chances of making $$ vs. just closing out position and moving on to the next opportunity.