This content is accessible for paid members only. Login To Unlock The Content! If you are already a "Free Member", CLICK HERE to upgrade your account Username:Password:RegisterLost your password? 2 Comments DL Smith on July 15, 2020 at 5:53 pm Do we close the spread when we lose 50% regardless of when we initiated it on… or do we wait until 15 days before expiration? Reply Nishant on July 15, 2020 at 8:55 pm If it is more than 15 DTE, I usually don’t pay any attention to the 50% rule. The only exception being if there is material news on the stock which took it down. eg. A confirmed report about TSLA cars catching fires due to a defective battery. But if the stock fell on some “tweet” by Elon Musk, I would disregard it. Reply Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.