[More editing: I quoted the wrong post. We had put on a XLE Sep/Dec 55 put calendar.] Have you done anything with these? I'm thinking of rolling Sep to Oct for .85 or .90. Theta on the Sep 55s is -.03 and the Oct is -.02. Should that matter much? I.e. the Sep is losing faster than the Oct. OTOH the stock price recently dropped to near the strike. Edit: The whole thing can be closed for 1.80 for a .55 profit. Decisions decisions.
I did update on XLE in the calendar thread as did Ben, you might check that out. I was close to rolling last week but now that its going down I'm holding on for another week.