TheoTraders don't trade with hopium. TheoTraders will always give themselves the gift of time for a trade to work out. When a trade is on the dance floor with only a few days remaining until expiration a TheoTrader will never roll the dice. A TheoTrader will roll an option several weeks out at a credit to cover transaction costs. This gives you time to have the trade work in your favor. In tonight's video we will show an example of rolling options for a credit.
2 Comments
Ge
June 1, 2016Hi, thank you for video. can you please explain me why when you roll the trade in FB , you roll opposite trade and not original?
Thank you.
TheoTrade Support
June 9, 2016A roll is when you close the original trade and open a new trade further out in time. You need to create an opposite order to close out the original trade.