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Rolling an option means closing your current option position and simultaneously opening a new option position with a different strike price or expiration date. This is done to either extend the time for the option to become profitable or to lock in profits by closing the current option and opening a new one with a lower strike price or earlier expiration date.

In this video, we will be discussing what it means to roll an option. Options trading can be a great way to manage risk and potentially increase your returns in the stock market. But what happens when the options you are wheeling are not performing as expected or you want to lock in profits? That's where the concept of rolling comes in. Rolling an option involves closing your current option position and simultaneously opening a new option position with a different strike price or expiration date. This can be done to either extend the time for the option to become profitable or to lock in profits by closing the current option and opening a new one with a lower strike price or earlier expiration date. So, if you're an options trader or want to learn more about managing your options positions, this video is for you!

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