Thanks lindfield My main interest was because options are a decaying interest do you roll up at a predefined price value of the option going against you. Or still use basic technical analysis to define stop out areas. For instance if you sell an option for 1K and a few days latter the option is worth 1.5K do you buy it back and then sell another option at a higher strike price for the next month to recoup your losses? This presuming that your strategy is selling options which I am sure you have mentioned before. Hope my question/rabble makes sense :)
