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Filed under #rolling

4 articles tagged #rolling

The Royal Exchange in London, with its columned stone facade and nearby city buildings.PRO

Lead story · #howto

How to roll a cash-secured put (and when not to)

Rolling a cash-secured put means buying it back and selling a later one, often at a lower strike. The 7 steps, the real math, and why a roll credit isn't profit.

7 min read

$SPY
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A historical stock ticker machine with paper tape and mechanical printing parts under a glass dome.PRO

4 min read

Rolling an option is two trades, not a reset button

A net credit can hide a realized loss on the old contract and a fresh obligation on the new one. This worked example separates the close, the new open, collateral, assignment risk and the journal math.

#wheel#options-education
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Editorial still life of a closing bell, risk layers and a protected cash reserve.PRO

2 min read

July 6 afternoon close check for wheel risk

Nasdaq showed the U.S. equity market open on July 6, 2026, with the regular cash session ending at 4:00 p.m. ET, while the afternoon SPY/QQQ and ^VIX snapshots pointed in different directions. This tip turns that setup into a neutral carry-through-the-close checklist for covered calls and cash-secured puts.

$SPY$QQQ$VIX#volatility#strategy
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Editorial illustration of a contract sheet moving through a circular decision path.PRO

6 min read

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.

#rolling#csp
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