Options Playbook Radio 221: You May Be Holding Onto Spreads Too Long

Huddle, up listeners! It's time for Brian and Mark to take on listener questions, including: Options question of the week: Earnings season in in full swing. Which names will dominate your options trading this week? 47% - AAPL 37% - TSLA 6% - GPRO 10% - CBOE Question from Imhad1: Is HMNY now the most option-like stock ever? Back to $.08 after reverse splitting up to $14. Crazy! Who would buy an option on this thing? Question from Ling: I've heard some educators say that you should never hold out for the max profit in an options spread trade because that means you held onto it too long. Is this the case? Do you agree? Thx and enjoying the handbook. Question from Flyguy: Hey what do you guys do with your long calendar spreads? Do you close out the short leg if the stock doesn't move then keep the long leg or just close the whole spread out?