FishrCoAg said:
Question for the pros: I have Roku shares with cost basis of 110, sold the 10/9 212.50 covered calls a while back. Best to buy the calls back or let it get called out and try to buy back on a dip? I know that's asking to predict the future, but some of y'all seem pretty good at it!
If it's me...........
I roll it like this.
Rolling transaction:
Buy to close 10/9 212.5c $12.05
Sell to open 11/20 250c $12.70
You literally get to keep a tiny credit but will push your strike up another $25 OTM
***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