When we roll our covered call options forward, we can roll-out to an in-the-money, at-the-money or out-of-the-money strike. Real-life examples using QQQQ will be detailed for rolling-out and rolling-out-and-up.

The “What Now” worksheet tab of the BCI Trade Management Calculator (TMC) is used to demonstrate these calculations which help guide us to oiur best trade decisions.

 

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