Take profit in options trading
This lesson assumes that you understand your financial goals and are familiar with all the risks and opportunities online trading provides. You can schedule a free call with our expert trader that will help you find the best way to achieve your financial goals.
Setting take profit is relatively simple in "normal" trading. In options trading, this aspect is not necessarily difficult, but more diverse. The diversity comes about through the sheer number of options constructs. For example, the take profit for a butterfly is different than for a slingshot hedge or a call Christmas tree.