Pro Tips · Jul 5, 2026

Rolling a tested cash-secured put: a decision checklist

Your cash-secured put is in the money with expiry days away. Do you roll it, take assignment, or close for a loss? This checklist walks through the three exits, the net-credit rule, concrete roll mechanics with per-share numbers, and the red flags that mean you should stop rolling — so the decision is made by process, not by stress.

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YieldCove Desk

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6 min read

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3 sources cited

It is Thursday afternoon. Thirty days ago you sold a cash-secured put on a stock you liked at the ••• strike, collected ••• per share of premium, and moved on. The stock has since slid to •••, your put now trades at •••, and expiration…

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