2. Trailing Stop – 10 EMA

● If the stock closes below the 10 EMA, exit the trade
● The 10 EMA moves up as the stock moves up
● This is the trailing exit​

Example:

● Entry is placed
● Half ATR level is set below entry
● 10 EMA trails upward
● If the stock doesn’t close below half ATR, stay in
● If it closes below the 10 EMA, that becomes the exit point

3. Runs Into an OVTLYR Block

● OVTLYR blocks = significant support or resistance zones
● If the stock runs up into an order block, look to exit
● Price may get hit and reverse in those zones

4. Gap and Crap

● Gaps up, but within three candles, closes under the gap candle’s low
   → That’s an exit signal

5. Rolling and Prior Day’s Low

● On a profitable trade:

○ Roll up the options
○ If already rolled, and it closes below the prior day’s low at the end of day, exit the trade
​○ This is a very aggressive strategy to protect profits

6. Earnings Risk & Expiration Risk

● Refer to 4.11 and 4.12 for how to handle exits before:

○ Earnings risk
○ Expiration risk