Hedging

[ironchef]

Your best bet is to just cut the trade and take the loss like a champ. I never understood this fascination with constantly hedging and re-positioning by rolling etc etc.. Especially with long premium. Dude just realize the loss and move on to the next.

Isn't re-positioning by rolling the same as cut your loss on the current position?

The new position you started is just a separate trade.

 

[PoopyDeek]

@.sigma brings up some good points.

lol like calls are expensive? RUOK?

 

[PoopyDeek]

Isn't re-positioning by rolling the same as cut your loss on the current position?

The new position you started is just a separate trade.

Exactly. Rolling is euphemism for idiots that refuse to accept a loss. I have never met a successful trader that believes in rolling/recovering a loss.