5 ways to adjust loosing PUT / Call

 

1. Shift to next week expiry for the same value (do before the put option is deep ITM = do when the market is away by 200 points)

2. Shift to next month expiry (incase if you feel the market will reverse the trend or stay same by next month)

3. Square off and sell put in same week which is close to loss

4. Square off - divide the loss by 3 or 4 and sell puts with that premium (in case if you feel the market will reverse before the expiry)

5. Shift the put to lower strike and difference loss - sell call options