Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document:
Rolling an options trade is simultaneously closing an existing position and opening a new one with the same underlying stock but a new expiration or strike. This technique for extending a strategy can help options traders manage winning or losing trades by possibly improving the break-even point and mitigating gamma and assignment risk. Knowing when to roll and when to cut a trade can help traders better manage their strategies.
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