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Ask Alan 204: Multiple Exit Strategies with a Weekly Put Trade

Alan answers a question posed by Bill, who asks:

Alan,
In the attached hypothetical example, can you explain how to enter and calculate closing a weekly put trade after rolling-up in the same week using the Trade Management Calculator?
Thank you,
Bill

This video addresses how to enter and archive a weekly put trade which was both rolled-up and closed prior to contract expiration. Using multiple in the same contract cycle requires us to make accurate and timely entries that will then accurately reflect our initial and final trade results.
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About Alan Ellman

Alan Ellman loves options trading so much he has written four top selling books on the topic of selling covered calls, one about put-selling and a sixth book about long-term investing. Alan is a national speaker for The Money Show, The Stock Traders Expo and the American Association of Individual Investors. He also writes financial columns for both US and International publications along with his own award-winning blog.. He is a retired dentist, a personal fitness trainer, successful real estate investor, but he is known mostly for his practical and successful stock option strategies.

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