Should You Let Your Spreads Expire Or Sell Them Early?

In this video I explain how the closing process of straddles goes. In most of the times, whether your are winning or losing, you want the spreads to expire. Your risk and reward is predefined and you can save yourself a few bucks by letting them expire rather than closing the spread. If you did want to close a spread, go to your brokerage and there will be an option to close the spread. I appreciate everyone leaving comments on my videos!

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