Legging Out Of Bad Spreads

Swing trading options spreads don’t always go as planned and you need to know how to leg out of bad spreads. In this video, I have four new swing trading options spreads and I reviewed recent examples of how we legged out of bad options spreads. The market has broken through resistance and we are still focused on selling out of the money, bullish put spreads. These option spreads allow us to distance ourselves from the action and we take advantage of time decay and a decline in option implied volatilities.