Free tool
Should I close?
Profit taken against time used. The exit rule, shown.
Profit taken54%
Time used27%
Profit ÷ time2.0x
Remaining annualized13.0%
VerdictClose
You have 54% of the maximum profit, at or past the 0% target.
How it works
Short premium decays unevenly. When profit runs well ahead of the clock, the rest of the trade pays less per day for the same risk. The rule closes at 0% of the maximum profit, or when profit taken is 2 times the share of time used, or when what's left pays under 12% annualized. These are the default rules; in the app you set your own.
Score it with your own rules.
Score it with your own rules