Hello, 

What would be some good risk management methods for holding Trading Positions for 3 to 6 Months, and some 9 months or more for Options Contracts, that are holding a Long position of a Call or Put ?  f
 
A Bull Call Spread or Bear Put Spread are a way to customely create risk reward ratios,  but if one prescribes that, if there could be something that can enhance a typical Bull Call Spread and Bear Put Spread than the usual way. Also a disadvantage with a Bull Call Spread or Bear Call Spread, that to likely reach the Maximum Payout, you would have to wait basically until expiration date (If that could be adjusted, huge plus).