Roll or closed and new order?

These threads usually amount to: Is there a magic spread that will make my losses go away?... And the answer is no.

 

I have read books, read forum threads, watch webinars/youtube clips etc. I am not an expert on options, but I am not a complete newbie as well. I don't think my question really requires all these (extra info, lectures etc) to be answered! If I don't get an answer to it, I will go figure it out myself. Thanks

 

Jeeze! For F**k sake! I did not ask nor am I after a magical way to make my loss go away. Just a simple question about the difference between the two!!!

 

danjuma, I'm trying to tell you that no one understands your question without more information. Otherwise I think someone would be answering it.

 

Think you're getting stupid answers? Stop blaming those who take the time to respond to your (glib, inane, or ignorant) question; blame the question(er).

You've read books? Go re-read them. Do your own homework.

Sheeesh.

 

Take time to reply to what! To reply just to ridicule me and tell me I am asking a stupid ignorant question like you! I would rather you pass by and ignore my question if you have no proper answer to my question. Thank you!

 

drcha, thanks for at leat trying to assist. Appreciate it!

 

Glib is a cool word. You don't read that much in today's texts anymore.

End of line.

 

Keep On Rollin' Baby!!!!!



EDIT, had to change to the explicit content one!

 

I don't know why you are so upset when folks tried to help and asked you to clarify your question. Most of the comments are actually very insightful if you want to do real trade instead of paper trade. So, instead of getting upset, think carefully about what they said.

Your bear spread had limited gain whereas if you just rolled, your cost was higher but as drcha said, if your original view was still correct, your simple roll would have unlimited gain.