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Technology Stocks : The New QUALCOMM - Coming Into Buy Range -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (9093)	6/18/2024 4:19:28 PM
From: Lance Bredvold	Read Replies (2) \| Respond to of 9129

Hi Elroy; I'm aware of the possibility of rolling forward though I've never actually done it. I see that E*trade now even shows me the option to roll forward on the various calls on the positions listing and I might do it for TEVA or others I own. But that's not for sure. Most calls outstanding are in IRA's and so there are not tax consequences and I suppose that will make a difference as I get closer to maturity on some of them. But at the moment I don't expect to roll the 155's which expire in July. One I do expect to roll forward is due to a mistake I made selling a GOOGL call in a taxable account which will result in a short term gain unless I move it from November into Jan 25. I'm hoping for a bit more retreat in the GOOG price before trying to roll it, but, of course, with the american style of options one is always vulnerable to having someone exercise their call and thus I'd sell the shares even before their natural expiration on Nov 15, 24. You seem to be more familiar with the process than I so question: Next expiration is this Friday for some Walmart (WMT) shares I sold calls on in January. Current Price about $17 for $53.33's. I could roll it over to late 2025 by buying back then then reselling to that later date at about $8. I got $4 originally. So I will reduce my loss if I do so but the Schwab account does not seem to offer a direct roll. Is there any advantage to doing it as a roll over just buying and then reselling?