Turning losses into profits with put options

摘要

With the recent range-bound to bullish activity in the stock market, you may have found yourself with a long put position that has taken an unprofitable turn, and you would like to make adjustments to change the bias from bearish to bullish. Here we'll investigate a few of the possible adjustments that can be made to an unprofitable long put position in an attempt to salvage some value from it or even turn it back into a profitable position.