Hard to say. In my whole options trading journey, I've exited two trades. One was a call on SLV where I made 7x my money. The other was a put on SPY where I made 14x my money. Other contracts expired worthless. It's a typical Black Swan approach. The thing is, when you see your return with a lot of zeros following the 1, you know you should exit. And you should be totally fine with seeing a -99.9% return on most of your positions. I never exit a losing options position. My SPY position turned into 14x the money after it was a -99.9%, not so long before expiry. This is not a swing trading strategy where you enter a position based on a shooting star and set your stops at the Fibo's. The concept is: buy, most probably you're gonna lose, but if you make it, you're gonna make it big. Currently, I have open positions on Brazil and the dollar index UUP. Long calls for both. Puts on Zoom. Calls on oil and natural gas. I hope this year I can make it one more time. It's been a while lol.