Careful, while you rolled, you really increased your cost basis on that call. Buying it back now would cost you more than had you just let things play out. You may look at a positive P/L now, but that's because the bar moved. You may think about holding and burning premium more.
EDIT: I just re read that and it's confusing as all hell.
Lets see if I can do this.
EX:
Buy 100 shares of SNDL at $.80
Sell $1 call for $.12
SNDL then runs to say, $1.20
Said $1c is now $.25
I roll out 2 weeks, same $1c and get additional $.02 but my call is now $.27
SNDL pulls back, said $1 call drops to $.16
----IF I BUY BACK NOW, MY P/L SAYS I GAINED $.11 BUT REALLY I LOST $.02.
----I took in .12 and .02 for a total of .14 in my realized pocket, but buying back at $.16 means I lost .02 on this transaction. You have to let the play....play out.
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3