Rolling a Position

Rolling means closing your current position and immediately opening a new one at different strikes or a different expiration date. You might roll when: - Your position is being tested (stock moving toward your short strike) - You want to extend the expiration for more time - You want to adjust strikes to collect more premium To roll in Tradez, click the "Roll" button from your campaign's trade history. Enter the new strike(s), expiration, and the net premium collected (or debit paid if rolling for a loss). The app closes your old legs (BTC/STC) and opens new ones (STO/BTO) in a single trade entry. The campaign's break-even and capital automatically update to reflect the new position. In the trade history, rolled trades display with an arrow icon showing old strikes to new strikes.