If you believe SQ will rebound eventually n have sufficient margin cushion downside, it’s completely ok close existing position when dte exipires n open new synthetic bull position with longer dte (as long as u wish
In IB app there is “options” tab which seems helpful monitoring options expiry date.
Depends on risk appetite n profit target I also use “unrealized profit %” helping decide exit timing. Usually for spread I m happy exit when reaching 50-80% profit.
QUOTE(kimhoong @ Nov 24 2021, 03:33 PM)
Good to see Options Trading group in the community.
I've just started my Options Trading journey recently with a small account with mostly selling spreads but made a mistake with trying out synthetic (but selected short DTE due to unfamiliarity to IBKR interface) on SQ! Got burnt due to that.
Can any sifus share on how to monitor your position especially on spreads or other strategies/combo in IBKR?
I learn Options Trading from a course using TOS but due to hefty fund transfer from Malaysia (I got CIMB SG account but TOS only favors DBS/POSB for electronic transfer, others have to go through normal wired transfer). It will be good if you could share your experience and your view on this.
I've just started my Options Trading journey recently with a small account with mostly selling spreads but made a mistake with trying out synthetic (but selected short DTE due to unfamiliarity to IBKR interface) on SQ! Got burnt due to that.
Can any sifus share on how to monitor your position especially on spreads or other strategies/combo in IBKR?
I learn Options Trading from a course using TOS but due to hefty fund transfer from Malaysia (I got CIMB SG account but TOS only favors DBS/POSB for electronic transfer, others have to go through normal wired transfer). It will be good if you could share your experience and your view on this.
Nov 30 2021, 04:20 PM

Quote
0.0157sec
1.10
7 queries
GZIP Disabled