Adjusting Options Positions in Response to a Changing Market
Paul Forchione will address the subject of adjusting options positions. Market moves, the passage of time, and expansion/contraction of implied volatility cause changes in how options positions behave. Paul will illustrate, with examples, which types of options spreads should be adjusted in response to these changing conditions, and using OptionVue software, he will show techniques for modifying delta, gamma, and vega exposure. Paul will also discuss how to choose strike prices and expiration months when deciding how to adjust positions.