04-14-2019, 03:50 AM
Quick question on rolling forward
I imagine the tactic is slightly different for calls and puts.
But say you have a covered call that looks to be expiring in the money. You just buy it back and sell one for the next week/month/whatever at the same strike? Or do you also mess around with changing the strike to adjust? Timeframe? I guess you guys regularly sell monthly options? I would be mainly interested in using these on a weekly basis, still worth it or not?
With puts I guess it's a pretty decent way to avoid getting assigned? Have you ever been in a situation though that you need to sell a put with a higher strike in order to get enough premium to make it worth it?
I imagine the tactic is slightly different for calls and puts.
But say you have a covered call that looks to be expiring in the money. You just buy it back and sell one for the next week/month/whatever at the same strike? Or do you also mess around with changing the strike to adjust? Timeframe? I guess you guys regularly sell monthly options? I would be mainly interested in using these on a weekly basis, still worth it or not?
With puts I guess it's a pretty decent way to avoid getting assigned? Have you ever been in a situation though that you need to sell a put with a higher strike in order to get enough premium to make it worth it?