How to Fix Options Gone Wrong—And Still Make Money!

How to Fix Options Gone Wrong—And Still Make Money!

Selling options is powerful way to generate consistent monthly income—but what happens when a trade turns against you?

By Dorian Trader

Date and time

Saturday, May 3 · 8 - 9am PDT

Location

Online

About this event

  • Event lasts 1 hour

Selling options can be a powerful way to generate consistent monthly income—but what happens when a trade turns against you?

This webinar is all about smart damage control. Whether you're new to options or looking to sharpen your skills, you'll learn practical strategies for managing and recovering from losing positions.

We’ll break down exactly what to do when put spreads or iron condors go off course. You'll learn:

  • How to extend duration to give your trades more time to work
  • When and how to roll your spreads: up, out, or away
  • Key factors to consider before making adjustments
  • Real-world examples that show how to keep your cool—and your edge—under pressure

If you’ve ever felt unsure of your next move when a trade goes wrong, this session is for you. Join us and build the confidence to turn tough trades into teachable (and profitable) moments.

Frequently asked questions

Is this webinar suitable for beginners?

Yes! We welcome beginners and make sure to explain key concepts in a clear, approachable way. Even if you’re new to options trading, you’ll leave with practical tools you can use right away.

What will I learn during this session?

You’ll learn how to manage options trades that have gone against you. We’ll cover how to roll losing spreads, extend duration, and decide whether to roll up, out, or away—plus the thinking behind each move.

Do I need to have open options trades to benefit from this?

Not at all. While the content focuses on real-time trade adjustments, it’s just as valuable for planning ahead and knowing what to do before something goes wrong. Consider it part of your trader’s toolkit.

What makes this webinar different from other options trading sessions?

We don’t just teach strategy—we focus on what to do when things don’t go according to plan. This is a hands-on, real-world look at risk management and trade repair, taught by traders who actually use these techniques every day. You’ll get honest insights, not just textbook theory.

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Dorian Trader

Dorian Trader also known as The Dorian Way is an options mentoring company that teaches individuals how to trade options through one-on-one mentoring sessions. Dorian Trader is a trading philosophy that was adopted from the Volatility Hedge Fund called The Dorian Fund. The philosophy is centered around trading to make monthly income that can act as a supplement or primary source of income.

We have chapters and in-person events in almost every major city across the country.  You can join our online events from anywhere. Learn how to trade options on futures and stocks!