On today’s From Theory to Practice, Dr. Jim works through the positions in his portfolio, highlighting the fact that the big down day is helping his Long Put Vertical Spread in QQQ and his Poor Man’s Covered Put in MSFT. His Short Put in HIMS is getting hurt, however, so he works through an adjustment to that strategy, by adding a Short Call that is outside of the Expected Move to the upside. This does now bring upside risk into the position, but it allows him to collect more credit and improve his break-even point on the downside.