Posted 11/3/2010 21:15 (#1420659 - in reply to #1419942) Subject: Re: Broker wants me to roll up puts
South of Springfield IL
I don't see anything wrong with the higher strike price for 10 cents. You have a floor now at 11.00 minus the cost, but the market is going up so your actual cash beans are gaining in value. If you don't sell the cash and the market tanks and you didn't raise your strike price how are you going to feel. Raising the strike price is making your floor better. Go for it.