Rolling is a powerful new feature now available in Options Auto Trader. It allows you to automatically adjust a position that’s gone against you, giving it more time or better strike placement to potentially recover and turn into a winning trade.
What Is Rolling?
In options trading, rolling means adjusting a position by:
Moving the strike price to a more favorable level
Extending the expiration date to give the trade more time
It’s typically used when a position has moved against you, and you want to stay in the trade while adjusting the risk or outlook.
How to Enable Rolling in the Platform
You can configure rolling logic directly from your bot’s settings:
1. Go to Settings → Management Rules
Scroll down to the bottom where you’ll find the new Rolling section.
2. Choose When to Roll
You can set rolling to trigger under the following conditions:
Short Strike Hit: When the underlying price touches your sold strike
DTE Hit: When the trade reaches a certain number of days to expiration (e.g., roll at 21 DTE)
Stop Loss Hit: When the trade hits your predefined stop loss
Set one or more of these to define when the bot should roll a trade.
Customize How the Trade Rolls
After defining the trigger, you can specify how the roll should occur:
➤ Strike Adjustment
Move your short strike further out of the money by a specific dollar amount (e.g., $50)
➤ Time Extension
Extend the expiration date by a set number of days (e.g., 14 days to roll two weeks further out)
This combination lets you give your trade both more space and more time to work in your favor.
Set a Maximum Number of Rolls
To avoid infinite rolling loops, you can cap how many times a trade can be rolled:
The default is 1 roll
You can increase this to up to 10 rolls
Most traders stick with 1–2 rolls per trade to keep risk manageable.
Example Scenario
Let’s say you sell a put and the market drops, putting your trade in the money.
You still believe the market might rebound, so instead of taking a loss, you roll:
Move your short strike down $50
Push the expiration out 14 days
This gives the trade time and distance to recover, potentially turning a loser into a winner.
Important Notes
Rolling is not guaranteed to save a trade; losses can still worsen.
Some traders prefer to close bad trades and re-enter stronger setups.
If you’re new to rolling, check out TastyLive for deeper research and strategies.
Why It Matters
Options Auto Trader is one of the first platforms to offer built-in rolling automation. This gives you more flexibility in how you manage trades, and lets you automate rolling logic without needing to intervene manually.