When it comes to adjustments, most Options traders believe you need to Options positions only if they go against you. This is not true.
Very often, you have immediate winners, and so from that point onwards, the goal is to maximize the profits from these winners.
Yesterday, we issued a NFLX trade opportunity post the earnings report. Today, the trade has developed very well into a profitable position.
So how can we protect this profit and give ourselves the opportunity to make more profit with relatively low risk.
Watch the video below. All of the adjustments are covered in detail in the Adjustmax product, and the precise entries are times using the Swingtrademax systems.