What are your thoughts about how to handle your open option positions in case you become incapacitated, or die while the positions are open? Nobody in my family understands option trading, and I have no knowledgeable friends or trading partners who could step in to handle the task in an emergency situation. Something to think about. Any ideas? GTC orders that are triggered at certain price points, but which you must manage to make sure they don't trigger unnecessarily?
Similar issue here. Perhaps trades such as the RTT are more "death-friendly", as most will playout without undue losses in your absence. (I would think that "white knuckle trades" would need a well-thought out plan to keep from leaving family in financial ruin.) Standing GTC orders should be able to take the edge off (I need to address this more as well).