Swing Trading Options
Options Exit Planning
Options exit planning is deciding in advance where and when you will take profits or close a losing trade, so exits follow the plan instead of emotion.
Types of planned exits
- Profit targets on the underlying
- Partial exits to lock in gains
- Invalidation level where the thesis is wrong
- Time-based exit before decay accelerates
SwingLEAP is a planning and record-keeping tool. It does not recommend trades, predict prices, or execute orders.