Anatomy of an Adaptive Options Trade

Join Paul Forchione as he discusses how he initiates a neutral options trade and make adjustments over time to reduce directional exposure and calibrate his desired exposure to implied volatility. Paul will illustrate how he uses OptionVue software to monitor each position’s Greek variables of delta, gamma, theta and vega and modify positions accordingly. While most traders look at technicals and fundamentals, Paul will show how he makes decisions based on the Greeks.