Criscmt
Member
SP the previous day got close to 760, there were two more days left (this was on Wednesday), and the strike (775) was within 5% of then SP.Curious as to your timing? Since they were not even close to ITM, why not wait for more time decay before rolling, especially since there was basically no credit in the roll? Just wondering about the thought process, so I can learn.
I thought it was worth loosing premium for one week by rolling into a much higher strike price a week out.