When should I roll my options to a lower strike price?

[gkishot]

Jan 2021..its a hypothetical question..similar to what happened in the TSLA thread..

If there is a way to know that your trade of the same expiration would be profitable then no reason to get into a losing trade in the first place.

 

[taowave]

Are,you saying if the 1x2 trades for even,you wouldn't do it?

Yes or No question

 

[gkishot]

Are,you saying if the 1x2 trades for even,you wouldn't do it?

Yes or No question

I am saying that there is no such thing. Unless you want to elaborate what it is and why you think it will help you recover all your losses no matter what.

 

[taowave]

Read,the TSLA thread

 

[Justrade]

Rolling = closing and opening up new trade

 

[Turveyd]

Leave it and forget about it, maybe it'll get a good run and make 10x's maybe it'll expire worthless, odds are ofcourse worthless but those cheap Options are always high risk in exchange for high reward.