Roll is basically a glorified word to describe the situation where you close out the current position and reopen the position (with longer expiry OR different strike price) at later expiration date.
Its the same as closing your position manually, and open another position manually = 2 steps
I think I am going to like the roll feature for 2 reason:
1. 2 or more manual move combined into one step.
2. Delaying an stock assignment.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments