The paper ticket

A ticket's credit check fails one-third of the width, but every other field passes and the policy page allows margined positions. What is a sound decision?

• Trade anyway and leave the credit field out
• Decide with the failure written on the ticket: trade with the reason recorded, or no trade
• The ticket is invalid and must be thrown away

Which field comes from one of the course's own rules rather than a published guideline?

• Short strikes near 16 delta
• Close at 50% of maximum profit
• Risk at most 1% of the trading account per position