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three. Roll it to something else. Rolling, which is essentially two trades executed to be a spread, is the third choice. One particular leg closes out the existing option; the other leg initiates a brand new position. For example, suppose you're short a covered call on XYZ at the July a hundred and five strike, the stock is at $103, plus the call's about to expire.

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Our experts will gladly share their knowledge and help you with programming projects. Keep up with the world’s newest programming developments. Programming