My Bread and Butter Trade

[EB]

Hope you enjoyed this series into the dark world of "risky" options.

Ernst

Indeed. Thanks.

[so2c]

Thanks again for sharing. It's an impressive performance in a violent whipsaw market.

There are some aspects of trades, which interest me, that you didn't have opportunity to elaborate:

(1). What's the plan /setup if market had a bid move (e.g.,) crash, do you use a stop?
(2). What's the strategy for position size? e.g., when is a setup/good time/market condition to enter 2nd position of trade?

Thanks!

PX