DislikedHi scattergood,
my sell call EUR/USD @ 1.3100 hit by the price. Do I need to directly buy back and roll it ? or I wait for some more day ?
http://i55.tinypic.com/110giso.jpg
any suggestion ?Ignored
To not roll is taking nearly a 1/2 size position in the underlying. Since your option has a .5 delta when the underlying is at the strike, it will lose 1/2 the amount of the underlying's price move. To be in that position is a judgment call.
The most conservative is to roll, it minimizes the risk the most.