When it is Best to Sell an Option and to take Profits.

A nice segment from the guys at Tasty Trade covering time decay and the why they do what they do when selling options.
https://www.tastytrade.com/tt/daily_recaps/2016-03-11/episodes/tips-for-new-traders-the-role-of-time-decay-03-11-2016
It explains why they get out with 50% profit on all short options.
Why they prefer selling higher IV options.
And why they go out 45 days when selling OTM options.
Very interesting.