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today well be doing a full step-by-step tutorial of how to roll options within thinkorswim now for those of you watching who are not super familiar with what a roll actually is it is simply closing out your current option while simultaneously opening up a brand new one either further out in time or on a brand new strike price you could actually do this for a bunch of different reasons but for the most part youre probably going to look at rolling when you want to manage the risk on a position or take some profits off the table or even as a way to save a losing trade but as you can probably tell already rowling can play an incredibly important role in your trading and youll definitely want to have the entire process nailed down now today ill be focusing this video specifically on the mechanics of actually doing the role itself within thinkorswim but if you guys would like to understand more about why and when to roll go ahead and check out my other video either by clicking on the car
