3 Reason to Stick to Defined Risk Options Trades - a podcast by Christopher M. Uhl, CMA

A lot of options traders will tell you that if you’re selling options, the only way to make money is by trading undefined risk. I’m here to tell you that is just not true. Yes, trading undefined risk trades will allow your profits to come faster as premium decays, but if you’re wrong and trade goes against you, you could see what would be a 200 or so loss turn into a 2000 loss, all of that could have been avoided by taking the risk off the table by defining your risk.
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