when option price up 50%, buy it back

then roll up to a new one with higher price, make sure you always roll up with credit, rather than debt, and use time-value as your friend.  But if not doable, roll with small debit is fine too. Basically when you buy intrinsic value while selling time value, you won't be too wrong.  Aslo, after rolling, you may sell put or put spread more aggressively than you would usually do. 

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• 謝謝 -BrightLine- ♂ (0 bytes) () 05/19/2025 postreply 14:23:28

• 用delta作為衡量標準更靠譜一些吧，一旦過了0.6 0.7，roll up就沒有多少意義了 -dancingpig- ♀ (0 bytes) () 05/19/2025 postreply 18:09:48

• correct, that's why I said 50%, otherwise too late to roll -pega- ♀ (0 bytes) () 05/19/2025 postreply 20:32:57