Hi all A few quick questions about options. 1) In terms of realizing a profit, what is the difference between selling a put/call that has gained value and exercising the option in question... is there a difference?. Or is the resulting $ profit exactly the same? 2) What does to "Roll" an option mean? Or Roll Over 3) Suppose expiration trade is approaching but you want to extend the date to the following month, is this possible? at a cost of course? Or is the only way opening a new position? thanks J