How To Repair & Roll A Put-Sell Position
Channel: Lee Lowell - The Smart Option Seller
Date: 2021-10-09

We love selling put options!

But sometimes the stock can move in the wrong direction and cause us to play defense.

How do we protect ourselves and the position?

One of the best ways is to "roll" the trade.  

What does that mean?

Well, we buy back the original position and re-sell another put option with a lower strike price and further-out expiration date.

Want to see how it's done?  Just watch this video!

Send us any questions you have, or leave a comment if you wish.

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DISCLAIMER: This video is for educational purposes only and should not be construed as financial advice or a recommendation to buy or sell any security or investment. Consult with a professional financial advisor before making any investment decisions.