PROLead 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.
Topic desk · #rolling
4 playbooks filed under #rolling, newest first. Each tip shows the strike, the credit and the exit. The teasers are open; the full math unlocks with PRO.
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4 articles tagged #rolling
PROLead story · #howto
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.
PROA 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.
PRONasdaq 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.
PROYour 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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