Are positions ever modified or adjusted?
No. We do not do things like rolling over a position to the following option cycle, closing part of a position, doubling up on a position, or closing a position and opening up a new one in the same option cycle. We recommend a trade and then give a stop loss order. Either the stop loss order is hit and the trade is closed or the trade expires in profit. However, please note, in an emergency situation, we may issue a notice to close a currently open position intraday before it hits our stop loss such as in the case of a terrorist attack or to avoid settlement risk. If auto-trading, the emergency exit will be executed on your behalf.
Related Questions
- The Hope Scholarship Credit is available only if a taxpayers modified adjusted gross income is below a specified amount. How does a taxpayer know what his/her modified adjusted gross income is?
- What is Modified Connecticut Adjusted Gross Income for part-year residents?
- How does a taxpayer know what his/her modified adjusted gross income is?
