Solving the puzzle for setting a stop loss for an option trade! Solving the puzzle for setting a stop loss for an option trade! Options are time-sensitive, and their value erodes with each passing day due to time decay. Placing stop-loss orders on a closing basis could result in more significant losses. Karan Dsij / Friday, October 20, 2023 0 3216 Article rating: 3.9 Determining the appropriate stop loss level in options trading can be a complex and critical aspect that traders need to solve or figure out. Read more