June 2026 Report — Roll-Out Self-Rescue: What to Do When an Option Punches Through the Strike
Early in June I had to roll out two deeply ITM Sell Put positions on NVDA and GOOG. Full record of the roll-out decision (strike lowered, contracts halved), the cost (realized loss -$16,530), and the current state of the positions. A roll-out isn't magic to escape a loss — it's a strategic retreat that "trades time for space."