u/Ok-Function-6172 ·
Reddit — r/options
· July 30, 2026 at 17:30
· ⬆ 15 pts
· 💬 23 comments
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I see this has been addressed in different scenarios already but still like to hear current thinking. I have been trading options 6 months. I only trade cash settled XSP SPX and NDX. credit spreads, iron condors and occasional butterfly. I spent a lot of time trying to learn best practise so I had been selling at around 45dte and buying it back once it was at 50%+ profit. It often seems like a long time for that to play out. Recently I have also been buying much shorter options 0,1,4,8 days typically. My account only has 7k in it so I am dealing with small trades. Anyway, it is pretty active compared to the longer options. In this scenario I have been just taking profit very quickly, especially if I think the market will be turning. A lot of 25% or 30% wins. Something like 60 bucks in my pocket than immediately put on a new trade. I have not gone back and analyzed how these trades would have ended up. Maybe I am leaving money on the table. Wondering if people here close this early on these short trades?