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@Optionspuppy：I closed $KraneShares CSI China Internet ETF(KWEB)$ , Taking Profits on KWEB to Prepare for Cash-Secured Put Assignments In the world of options trading, flexibility is key. Today, I decided to take profits on my KWEB position, capitalizing on a green day to maximize my returns. While KWEB has been a great play, I have cash-secured puts that might be assigned soon, and I need liquidity to manage them effectively. Selling on strength ensures I exit at a favorable price while freeing up capital for upcoming opportunities. Why Sell KWEB Now? I’ve always viewed KWEB as a solid buy near $26, but as markets fluctuate, it’s important to take profits when the opportunity arises. By selling on a green day, I lock in gains rather than waiting for a potential pullback. Since my primary strategy involves options—particularly selling puts—having cash on hand is crucial for executing new trades. Managing Cash-Secured Put Assignments Right now, I have several cash-secured puts that may be assigned. If that happens, I’ll need capital to buy the shares at the strike price. Rather than being caught off guard, I prefer to be proactive—taking profits from stocks that have already moved up and using that cash to manage my put positions. This approach ensures I don’t overextend my margin or risk unnecessary exposure. Selling on Green Days: A Simple Yet Effective Strategy One of my core principles is to sell on green days and buy on red days. It’s a straightforward yet powerful way to manage risk and lock in gains. When markets are bullish, it’s tempting to hold on for more upside, but I prefer to bank profits when stocks are in the green. This disciplined approach helps me avoid emotional trading and focus on maximizing returns over time. Next Steps With the cash freed up from my KWEB sale, I’m now well-positioned to handle any assignments from my cash-secured puts. If those puts expire worthless, I keep the premium—a win-win situation. If I do get assigned, I’ll be buying stocks at a discount, which aligns perfectly with my long-term strategy. This is how I stay ahead in the market—locking in profits, managing risk, and always being prepared for the next move$KraneShares CSI China Internet ETF(KWEB)$
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