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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: Walter C. who wrote (786)3/18/1998 10:17:00 PM
From: Madpinto  Read Replies (1) | Respond to of 2241
 
Rolling means to sell out the front month and buy a farther out month (in most situations) assuming you are long the options. The opposite situation would occur if you started with a short option position. You roll out the calls to continue with the position you want. You can also roll up by exchanging a higher strike for your lower strike calls.


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