Managing, Closing and Rolling Vertical Spreads

Modules 1–2 are free. This module stays locked until you buy Options 201: Vertical Spreads for $39.

What this module covers

  • Explain early assignment risk on short legs, especially in-the-money short calls before an ex-dividend date
  • Describe pin risk and why many traders close verticals before expiration
  • Calculate the result of closing and of rolling a vertical, and explain legging risk