Rolling covered calls is a strategic strategy for hedging stock market risk and increasing potential returns. It involves understanding market conditions, monitoring options, setting realistic profit expectations, and considering risk-reward ratios.

Rolling covered calls is a strategy that is frequently considered when options are near expiration, implied volatility declines, or the stock is anticipated to advance further, and thus we do not want the stock to be called away.

To roll covered calls, choose an appropriate expiration date and strike price, track stock performance, and weigh potential rewards and risks.

For more information on when to roll covered calls, check out our updated blog post.