Sell options to receive an income upfront and the chance to roll options to change strikes and expiration. Rolling gives us more time to be profitable.
Automating exit strategies for options trades
Stock Repair Strategy: Turn Losing Stocks Into Winners (Using Options) - Part 2
Four Steps to Adjusting Bull Put Spreads - Aeromir
The Difference Between Buy to Open and Buy to Close Orders - SlashTraders
What to Do to Repair Your Losing Strangles - SlashTraders
Rolling Options Trades: How to Save a Losing Options Trade
Why Married Put Is a Powerful Tool for Protecting Your Portfolio - SlashTraders
Four Steps to Adjusting Bull Put Spreads - Aeromir
Configure a Custom Trailing Stop
What To Do When Your Options Trade Goes Awry
Learn the 0DTE SPX: Two Example Trades that Gained and Lost