Stop Loss
An order to close a position at a predetermined price to limit losses.
Full Definition
For 0DTE, stop losses are typically set at 2x the credit received for credit spreads, or based on percentage of max loss.
An order to close a position at a predetermined price to limit losses.
For 0DTE, stop losses are typically set at 2x the credit received for credit spreads, or based on percentage of max loss.