 | |  | | | | Your No. 1 Question... Answered |  | By Alex Moschina, Associate Publisher |
| We hear it from readers all the time.
It may be the No. 1 question we get here at Manward...
"When should I sell an option?"
It's a good question. And if it's one you've been pondering, I urge you to keep reading. Because as you'll see, determining when to bail out of an option is quite different from determining when to sell a stock.
And without this essential Know-How... investors can really get burned.
No More Ouch
We've already covered the ins and outs of making your first options trade.
In a special series, we defined all the crucial terms... shared our tips for picking the perfect option... and went through the exact steps to get started.
But that's only one part of the equation.
After you buy an options contract... what's next?
Do you hold the option until expiration? Do you sell at the first sign of profits? Should you put a trailing stop in place?
The answers are sometimes... no... and no.
But don't worry. We won't stop there.
As Andy explains in this week's Markets With Manward, there are FOUR things you should look for before you sell an option... The first (and easiest to identify) is... a double.
A Page Out of the Alpha Money Flow Playbook
It's an ideal scenario. Double your money on an options contract and you've completely eliminated your risk.
That means it's time to take your money off the table.
Sell half of your position. Once you do, you'll instantly be playing with the house's money. And from there? It's all upside.
Alpha Money Flow subscribers saw this strategy in action just last week. The underlying stock for one of Andy's recommended positions jumped 55%... causing the option to suddenly triple.
"[It's] prudent to take some of our winnings off the table," Andy told Alpha Money Flow subscribers. "Let's sell half the option gain and let the rest see how high they'll climb." Again, it's an ideal scenario. But there are three other things you should look for before you sell an option. Check out the full video on the Manward Press YouTube page.
And if you're interested in learning more about Alpha Money Flow, plus the surprising story behind Andy's award-winning track record, click here. | | | | | |
| The Libertarian National Convention just concluded in Orlando, Florida. And Manward's own Joel Salatin was invited to speak. Unfortunately, Joel notes, "My 'Christian libertarian environmentalist capitalist lunatic farmer' persona did not fit in." In particular, it was his speech on the tension between environmental stewardship and individual use of property that raised hackles. To get Joel's take, and to share your opinion, click here. | | | | | | |
As Andy dipped into the mailbag this week, he was reminded of the No. 1 rule of economics: Money goes where it's treated best. If this simple concept were taught in school, he argued, the headlines would look a lot different. Clearly Manward readers also had money on the brain. To find out what they had to say - and read Andy's responses - click here.
Have something on your mind? Email us anytime at mailbag@manwardpress.com. | | | | | | |
"Wealth is the ability to fully experience life."
- Henry David Thoreau |
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