Where Do I Start? Season 2: Tom & Case - October 8, 2014 - Q&A on Defensive Trade Tactics

Summary: Case Sosnoff answers viewer emails sent to her in regards to recent topics her and Tom have covered. Her first question is focused on how to defend a naked Put after a significant drop in the underlying's price. Case and Tom discuss various defensive moves such as rolling to next month to collect more premium, to selling a call and converting the strategy into a strangle spread. Next, Case tackles a question about legging out of strangles in relation to changes in buying power.