- Options (http://www.elitetrader.com/vb/forumdisplay.php?forumid=12)
-- long calls - always roll up? (http://www.elitetrader.com/vb/showthread.php?threadid=239638)
long calls - always roll up?
when your call approaches delta 1 do you always roll up?
pros: lock in gains, use less capital to continue a position (therefore limiting your loss on a pullback)
cons: ??? higher commissions
cons: eat the spread, which has probably widened considerably.
All times are GMT. The time now is 10:37 AM.